Noticing some drafting/vagueness issues with this bill.
§III.I.A: "personal connection" is not defined. Vague and nebulous term. This will spawn a thousand legal challenges. One could reasonably argue that being hired to the board is a personal connection.
§III.II: "consumer decisions" is
extremely unclear: I'm not sure what it's supposed to mean.
§IV is poorly constructed.
§V: what is a "financial resource independent"?
Penalties and enforcement mechanisms are not stated.
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Constitutional question: are regions legally permitted to issue their own currencies?
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Aside from the above drafting concerns, much of the bill has nothing to do with consumer protection per se. It appears to be an attempt to force all businesses to operate under a cooperative model. Aside from the relative merits of such a model, and the devastating effect that can be expected for the Lincoln regional economy, this bill does not provide any accommodation for the
millions of businesses in operation in Lincoln that currently operate according to a traditional model. Should this bill pass, coming into effect on January 1, businesses will have only days to convert to a co-op model. Essentially, this bill makes criminals of every enterprising Lincoln citizen.
