SB 108-28: Dam It Act (Debating)

[Joseph Cao]

Out of interest how does this account for, say, a state-sponsored company if they tried to circumvent the 25% share allocated to them?

[Joseph Cao]

24 hours to object to Transit's amendment.

[Joseph Cao]

Amendment is adopted.

[Joseph Cao]

24 hours to object to Mr. R’s motion for a final vote.

[Joseph Cao]

A final vote is now open, etc., etc.:

DAM IT ACT

Senate Bill
to make smarter choices with our county's money and resources

a. On or before January 1, 2024, the following federal assets shall be auctioned off:
   1. The Bonneville Power Administration and all related property and contracts
   2. The Rural Utility Service and all related property and contracts
   3. The Southeastern Power Administration and all related property and contracts
   4. The Southwestern Power Administration and all related property and contracts
   5. The Tennessee Valley Authority and all related property and contracts
   6. The Western Area Power Administration and all related property and contracts
   7. The 58 hydroelectric dams owned by the Bureau of Reclamation and all related property and contracts.

b. Protections:
  1. No foreign power may have a share greater than 25% of the asset. This 25 percent share is a collective share of all agents of said foreign power, including state-sponsored companies and their subsidiaries.
  2. No Region, other than the Region when the infrastructure is based, may purchase more the 1/3 of shares in the asset.
  3. No Company may purchase more than a 40% share of the asset.

96 hours to vote. Senators, please vote Aye, Nay, or Abstain.

[Joseph Cao]

Aye.

[Joseph Cao]

Since everyone has voted, closing the vote:

Lincoln: Beesley – Nay
Northeast: AGA – Aye
Great Lakes: Cao – Aye

Frémont: Kuumo – Nay
Mountain West: wxtransit – Aye
Pacific: Western Democrat – Nay

South: Mr. R – Aye
Upper South: Yankee – Aye
Deep South: Muad'dib – Aye

STV1: MB – Nay
STV2: Weatherboy – Aye
STV3: Deadprez – Aye
STV4: West_Midlander – Abstain
STV5: Sestak – Nay
STV6: OSR – Aye
STV7: Blairite – Nay
STV8: Adam – Nay
STV9: Ishan – Aye

By a vote of 10-7-1-0, the bill passes and is sent to the President.

[Joseph Cao]

DAM IT ACT

Senate Bill
to make smarter choices with our county's money and resources

a. On or before January 1, 2024, the following federal assets shall be auctioned off:
   1. The Bonneville Power Administration and all related property and contracts
   2. The Rural Utility Service and all related property and contracts
   3. The Southeastern Power Administration and all related property and contracts
   4. The Southwestern Power Administration and all related property and contracts
   5. The Tennessee Valley Authority and all related property and contracts
   6. The Western Area Power Administration and all related property and contracts
   7. The 58 hydroelectric dams owned by the Bureau of Reclamation and all related property and contracts.

b. Protections:
  1. No foreign power may have a share greater than 25% of the asset. This 25 percent share is a collective share of all agents of said foreign power, including state-sponsored companies and their subsidiaries.
  2. No Region, other than the Region when the infrastructure is based, may purchase more the 1/3 of shares in the asset.
  3. No Company may purchase more than a 40% share of the asset.

Passed 10-7-1-0 in the Atlasian Senate assembled,


Joseph Cao, president pro tempore