SENATE BILL: Independent Educational Institution Relief Act (Redraft Passed)
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Author Topic: SENATE BILL: Independent Educational Institution Relief Act (Redraft Passed)  (Read 4812 times)
Fmr. Pres. Duke
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« Reply #125 on: February 16, 2014, 06:09:54 PM »
« edited: February 16, 2014, 08:02:55 PM by President Duke »
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[/quote]

This would leave a 70% tax on excess profits, assuming the corporation pays the 25% top level we just passed into law under Nix. Outside of investing in the students, I don't see why allowing a corporation to keep profits is necessary. I like business, and I like making money, but when it comes to education, I just have a thing about allowing someone to profit off it. Queue the harassment. Wink
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shua
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« Reply #126 on: February 16, 2014, 07:33:40 PM »
Did you mean to say that profit is subject to a tax on its net profits?
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Fmr. Pres. Duke
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« Reply #127 on: February 16, 2014, 08:03:01 PM »
Quote from: shua on February 16, 2014, 07:33:40 PM
Did you mean to say that profit is subject to a tax on its net profits?

I fixed it. It took me a while to remove all the amendment stuff, and I didn't read that clause correctly.
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Southern Senator North Carolina Yankee
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« Reply #128 on: February 16, 2014, 08:29:48 PM »
Just so people know, this has three days remaining on the final vote since it is still tied.
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Southern Senator North Carolina Yankee
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« Reply #129 on: February 18, 2014, 07:26:27 PM »
The final vote ends tomorrow.
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Southern Senator North Carolina Yankee
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« Reply #130 on: February 19, 2014, 07:51:15 PM »
Vote on Final Passage of the Independent Education Institution Relief Act:

Aye (5): DC Al Fine, Goldwater NC Yankee, shua, and Tmthforu94
Nay (5): bore, Mr. X, Talleyrand, TNF and TyriontheImperialist
Abstain (0):

Didn't Vote (0):

With the vote tied and time having expired, the VP shall break the tie.
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Sopranos Republican
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« Reply #131 on: February 19, 2014, 09:07:02 PM »
AYE
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Southern Senator North Carolina Yankee
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« Reply #132 on: February 19, 2014, 09:09:53 PM »
The bill has passed the Senate and is presented to the President for executive action.
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Southern Senator North Carolina Yankee
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« Reply #133 on: February 19, 2014, 09:14:18 PM »
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[/quote]

Leaving the modifiers in since they amend the previous text, I think. If this is wrong please correct me.
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Fmr. Pres. Duke
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« Reply #134 on: February 24, 2014, 12:03:24 AM »
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[/quote]

Here is my redraft. Sorry, boys, you're in for another long 4 months. Tongue

Basically, as I said above, I am fine with them investing money back in the student, but after that, I want to tax their profits, as I am inherently opposed to profiteering off education. It just makes me queasy.
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Southern Senator North Carolina Yankee
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« Reply #135 on: February 25, 2014, 08:57:09 PM »
Sponsor you can accept the redraft by motioning for a vote or withdraw the bill. If you select the former and it fails you will have the opportunity to either re-open debate on the bill or send it back to the President as is.
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shua
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« Reply #136 on: February 26, 2014, 12:07:36 AM »
I motion for a vote on the redraft.
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Southern Senator North Carolina Yankee
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« Reply #137 on: February 26, 2014, 03:24:20 PM »
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[/quote]


A vote is now open on the Presidential Redraft, Senators please vote Aye, Nay or Abstain.
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shua
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« Reply #138 on: February 26, 2014, 03:41:57 PM »
Aye (though it looks like we will need to fix the formatting)
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Talleyrand
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« Reply #139 on: February 26, 2014, 08:48:06 PM »
AYE
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Goldwater
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« Reply #140 on: February 26, 2014, 09:09:03 PM »
Abstain for now. I preferred the original bill.
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President Tyrion
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« Reply #141 on: February 26, 2014, 10:26:57 PM »
Aye
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bore
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« Reply #142 on: February 27, 2014, 07:25:30 AM »
Aye
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TNF
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« Reply #143 on: February 27, 2014, 08:32:28 AM »
Abstain

I prefer not changing the existing law.
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Chancellor Tanterterg
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« Reply #144 on: February 27, 2014, 03:58:55 PM »
Aye
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Southern Senator North Carolina Yankee
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« Reply #145 on: March 01, 2014, 09:40:44 AM »
AYE


Shua you mentioned the need for formatting changes, what are those before I declare this as having passed?
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shua
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« Reply #146 on: March 01, 2014, 01:42:18 PM »
Quote from: Senator North Carolina Yankee on March 01, 2014, 09:40:44 AM
AYE


Shua you mentioned the need for formatting changes, what are those before I declare this as having passed?

Just that there is a [/b] hanging out at the end of 2, and now that it has passed, incorporating the redrafted portion as a normal part of the text instead of the strikethough and bold .
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Southern Senator North Carolina Yankee
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« Reply #147 on: March 02, 2014, 02:18:42 AM »
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[/quote]

Does this look right?
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Fmr. Pres. Duke
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« Reply #148 on: March 03, 2014, 12:02:05 AM »
Looks good to me
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shua
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« Reply #149 on: March 03, 2014, 01:35:14 AM »
Yep, looks right.
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