Senate Legislation Introduction Thread (New)
The world will shine with light in our nightmare:
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AN ACT
To tax large multinational organizations and to promote a global tax overhaul
Be it enacted by the Senate of the Republic of Atlasia assembled
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Section 1. Title
This legislation may be cited as the Global Corporate Taxation Act.
Section 2. Definitions
(a) Global Intangible Low-Taxed Income (GILTI).—The term 'Global Intangible Low-Taxed Income' (GILTI) is a category of income (from intangible assets such as patents, trademarks, and copyrights) that is held abroad by Atlasia-controlled international corporations.
(b) International Company.—The term 'International Company' is a corporate organization that owns or controls the production of goods or services in at least one country other than its home country.
Section 3. Global Minimum Tax
(a) A global minimum tax of 21% shall be levied on international companies, whose annual global revenue (GILTI) meets or exceeds $20 billion, for goods and services sold abroad.
Section 4. Support for G7 Finance Ministers and Central Bank Governors Communiqué
(a) The Republic of Atlasia officially endorses the framework outlined by the June 2021 G7 Finance Ministers and Central Bank Governors Communiqué to address "the tax challenges arising from globalisation and the digitalisation of the economy and to adopt a global minimum tax."
Dr. MB:
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AN ACT
To ensure people aren't put in jail for stupid reasons
Be it enacted by the Senate of the Republic of Atlasia assembled
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Section 1. Title
This legislation may be cited as the Self-Immunity Act.
Section 1. Protection from Prosecution
1. No person may be charged with a crime for possession or distribution of a nude or otherwise obscene image taken solely of themselves, regardless of the age it was taken at.
2. All persons previously charged with such an offense which falls under the circumstances described shall have the conviction wiped from their record.
Spark:
Quote from: Southern Senator Spark on July 01, 2021, 09:33:17 AM
Compensation for Retired Educators Act of 2021
A bill to support our retired educators in the Republic.
Section 1. Establishment
Upon retirement from service, a retirement allowance shall consist of:
a) An annuity shall be the equivalent of his or her accumulated contributions at the time of his or her retirement
b) A pension which shall be equal to the annuity allowable at the age of retirement, but not to exceed an annuity allowable at age 65 computed on the basis of contributions made prior to the attainment.
Section 2.
With the provision the election of an option shall be effective on the effective date of retirement, any member may elect prior to retirement to receive, in lieu of his or her retirement allowance payable throughout life. The actuarial equivalent at that time of his or her retirement allowance also provides a provision to grant, in a reduced retirement, allowance payable to a beneficiary in the event of his or her death:
a) If the pensioner dies before he or she has received in annuity payments the present value of his or her annuity as it was at the time of his or her retirement, the balance shall be paid to his or her legal representatives or to the person as he or she shall nominate by written designation.
b) Upon his or her death, his or her reduced retirement allowance shall be continued throughout the life of and paid to the person as he or she shall nominate by written designation.
c) Upon his or her death, half of the reduced retirement allowance will be continued throughout the life of and paid to the person as he or she shall nominate by written designation.
Proud to sponsor this bill to support our educators!
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The world will shine with light in our nightmare:
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AN ACT
To promote COVID-19 vaccination efforts by recruiting volunteers for house visits
Be it enacted by the Senate of the Republic of Atlasia assembled
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Section 1. Title
This legislation may be cited as the Direct COVID-19 Vaccination Distribution Act.
Section 2. At-home vaccinations for COVID-19
1. The Atlasian Department of Health and Human Services shall be tasked with collaborating with regional, state, and local governments in recruiting volunteers to administer at-home vaccinations for COVID-19.
2. Regional, state, and local governments shall be in charge of collaborating with hospitals, pharmacies, academic institutions, and non-governmental organizations in recruiting volunteers to administer COVID-19 vaccines.
3. All volunteers must either be a Certified Nursing Assistant (CNA) or higher in order to volunteer, or a student in the nursing field under the supervision of a teacher or mentor.
The world will shine with light in our nightmare:
[WITHDRAWN]
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AN ACT
To establish a Universal Basic Income pilot program for parents with children
Be it enacted by the Senate of the Republic of Atlasia assembled
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Section 1. Title
This legislation may be cited as the Children's Universal Basic Income Act.
Section 2. Monthly Universal Basic Income for Families with Children
1. Beginning in January of 2022, parents or legal guardians of persons under the age of 18 and have a disposable income of less than $150,000 shall be entitled to $1,000 monthly checks.
2. The income received shall not be taxed or counted toward existing benefits.
3. This program shall run until 2026, but may be extended by Congress.
[WITHDRAWN]
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