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offtopic:banking_reform_bill [2009/06/28 16:50] Pkmatrixofftopic:banking_reform_bill [2019/03/29 15:13] (current) – external edit 127.0.0.1
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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.1246222245.txt.gz · Last modified: 2019/03/29 15:16 (external edit)

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