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offtopic:banking_reform_bill [2009/06/28 16:50]
Pkmatrix
offtopic:banking_reform_bill [2009/08/10 19:44]
Pkmatrix updated
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-===== Banking Reform ​bill =====+===== Banking Reform ​Act =====
  
 ==== Overview ==== ==== Overview ====
  
-This bill, if passed, would be the first major reform of the [[Imperial Bank of AH.com]] following its creation in January 2009.+This was the first major reform of the [[Imperial Bank of AH.com]] following its creation in January 2009.  Among the major reforms: ​ reorganizing and simplifying the Board of Directors, establishing a value for the Ianite Dollar, and abolishing Parliament'​s Banking and Finances Committee.
  
 ==== History ==== ==== History ====
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 In response to this discussion, MP [[Pkmatrix]] (YSP) temporarily withdrew the bill on April 20.  He later resubmitted an expanded draft that incorporated Susano'​s suggestions. In response to this discussion, MP [[Pkmatrix]] (YSP) temporarily withdrew the bill on April 20.  He later resubmitted an expanded draft that incorporated Susano'​s suggestions.
  
-==== First Proposed Text of Legislation ====+==== Proposed Text of Legislation ====
  
 WHEREAS many Members of Parliament are opposed to the Imperial Bank of AH.com as it now stands; and WHEREAS many Members of Parliament are opposed to the Imperial Bank of AH.com as it now stands; and
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 The Imperial Bank of AH.com shall henceforth be an agency under the jurisdiction of the Office of the Treasury. ​ The Imperial Bank of AH.com shall henceforth be an agency under the jurisdiction of the Office of the Treasury. ​
  
-==== Second Proposed ​Text of Legislation ====+==== Final Text of Legislation ====
  
 Banking Reform Bill Banking Reform Bill
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 The Banking and Finances Committee shall hereby be permanently dissolved. The Banking and Finances Committee shall hereby be permanently dissolved.
 +
 +
  
  
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 **Second Round of Voting** **Second Round of Voting**
  
-A second round of voting began in the Lower House of Parliament on May 22, 2009 and will ended on May 29, 2009.+A second round of voting began in the Lower House of Parliament on May 22, 2009 and ended on May 29, 2009.
  
 | Aye | Nay | Abstain | No Vote | | Aye | Nay | Abstain | No Vote |
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 | N/A | N/A | N/A | [[Gladi]] (E) | | N/A | N/A | N/A | [[Gladi]] (E) |
 | 6 | 0 | 0 | 9 | | 6 | 0 | 0 | 9 |
 +
 +The bill was passed by the Lower House of Parliament on May 29, 2009 via the expedited passage rules outlined in Article I of the [[Legislative Procedures bill|Legislative Procedures Act]] by a vote of 6-0-0, with 9 MPs not voting. ​ The [[Landsraad of AH.com]] did not mount a challenge, and was signed by President [[Sargon]] on August 10, 2009.
  
 ==== See Also ==== ==== See Also ====
offtopic/banking_reform_bill.txt ยท Last modified: 2019/03/29 15:13 (external edit)