Public Office of the White House
Joseph Cao:
Quote from: President Joseph Cao on December 04, 2022, 12:28:39 AM
Signing statement
As far as I am concerned, and this may vary for some members of the Senate, protecting Atlasians' privacy online does not preclude them or others employing less privacy-invading means to exercise their rights to defend themselves or their property. We're not going to have social credit scores here. To those objecting, find some less dystopian ways to defend yourself from the criminals that are apparently lining up to violate your right to privacy.
As an aside there are nine not voting. Nine! I understand the PPT has been having some trouble turning people up to vote (and at least that effort is being made) but extensions of the voting period never hurt anyone. Certainly far better to have those than the two-minute votes we've seen in the past.
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STOPPING SURVEILLANCE ACT
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1. No person who rents or leases real property pursuant to a federal program shall require the renter or lessee or any agent or invitee thereof to use a cellphone or other internet application in order to enter or access the real property, nor limit entry or access to such real property to any person based on a criminal background check, a credit report, or a social credit rating, score, or other determination of societal value calculated by a computer algorithm.
A. A violation of this paragraph shall be a misdemeanor punishable by disgorgement of any profits, imprisonment for no more than 1 year, and a fine of $10,000.00 per individual person whose rights were violated. Any technology used to commit a crime under this paragraph shall be subject to forfeiture. Any data collected in violation of this paragraph shall be subject to forfeiture.
B. A person whose rights were unlawfully violated pursuant to this paragraph may maintain a civil action to recover actual damages, punitive damages of up to $10,000, reasonable legal costs, and any equitable relief necessary to enforce this act.
2. No federal department, agency, or contractor shall violate the privacy of another by using or permitting a toilet owned by him to perform or conduct a scan or analysis of any part of the body or bodily fluid or waste product of another person, nor shall any such toilet be used to collect data on any other person, nor shall any data obtained from such toilet be sold or transferred to another.
A. This shall not apply if the person using the toilet affirmatively consents to the scan, analysis, collection, sale, or transfer. Requiring consent as a condition of using such toilet shall not be considered affirmative consent.
B. A violation of this provision shall be a misdemeanor punishable by disgorgement of any profits, imprisonment for no more than 4 years, and a fine of $40,000 per individual person whose data was sold. Any toilet used to commit a crime under this paragraph shall be subject to forfeiture. Any data collected in violation of this paragraph shall be subject to forfeiture.
C. A person whose privacy was unlawfully violated pursuant to this paragraph may maintain a civil action to recover actual damages, punitive damages of up to $10,000, reasonable legal costs, and any equitable relief necessary to enforce this act.
3. This act shall take effect 50 days from the enactment
Passed 9-0-0-9 in the Atlasian Senate Assembled.
- R, PPT
Joseph Cao, President of the Republic of Atlasia
Joseph Cao:
Quote from: President Joseph Cao on December 04, 2022, 12:37:24 AM
Signing statement
I want to note the key word here: "lawfully" should be as good an indicator as any that people who aren't breaking the law are by definition not engaging in activities that should invite legal penalties, and given some tendencies flying around of late (stretching back a few years in fact) I welcome this very clear statement of this very clear state of affairs.
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HOBBYISTS PROTECTION ACT
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SECTION I: Definitions
a. A firearm is milled or manufactured when within the territory of Atlasia, a drill press or other metal cutting tool is used on an unpunched lower receiver, to successfully enable the receiver to accept all of the necessary parts required of a functional firearm.
SECTION II: Hobbyist Protections
a. Any citizen who mills or manufactures a firearm shall not be prosecuted for failing to engrave a serial number on the newly manufactured firearm provided the firearm is never commercially transferred.
b. Any citizen who is eligible to own a firearm and who does not sell firearms as a regular source of income, may sell a firearm that they have milled or manufactured to any other person who is also eligible to own a firearm, provided that firearm be engraved with a serial number as otherwise required by law.
c. Any person lawfully selling a firearm shall be allowed access the NICS database through an online portal to request a background check to determine if a potential customer is eligible to own the firearm. This online portal shall be made available no later than July 4, 2023.
d. The regulation limiting the importation of otherwise lawful handguns with two (2) inch barrels is hereby eliminated. 27 CFR 478.113a and ATF Forms 6A and 4590 shall be amended accordingly.
SECTION III: Time
a. Unless otherwise provided herein, this act shall take effect 30 days from the date of passage.
Passed 9-1-0-8 in the Atlasian Senate Assembled.
- R, PPT
Joseph Cao, President of the Republic of Atlasia
Joseph Cao:
Quote from: President Joseph Cao on December 06, 2022, 12:31:52 AM
Signing statement
I love democracy, and I think labor organizations do too, and certainly the workers do, and given recent debate around voting periods in the Senate I am confident that the Senators do as well and will show up to vote promptly and on time with the PPT's understanding. I consider this bill a win for democratic participation in one of our oldest and most robust forms of communication between our government and the people it serves.
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PROTECT WORKERS, NOT LABOR ACT
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1. No collective bargaining agreement or employment contract entered into in Atlasia shall be permitted to prioritize layoffs, promotions, hirings, firings, pay scales, severance packages, or any other bargaining term based upon any protected class status protecting by federal law; nor shall any such agreement or contract require participation by a party thereto in any training, activity, or event that is segregated on the basis of such a protected class. Any existing agreement or contract that violates this act is hereby declared to be against the public policy of Atlasia and is null and void.
2. No union, bargaining agent, guild, or other labor organization shall limit the right of any member thereof to institute an action in any court, or in a proceeding before any administrative agency, irrespective of whether or not the labor organization or its officers are named as defendants or respondents in such action or proceeding, or the right of any member of a labor organization to appear as a witness in any judicial, administrative, or legislative proceeding, or to petition any legislature or to communicate with any legislator, or to speak publicly to anyone on any matter of public concern or pertaining to employment or labor issues provided that:
A. Any such member may be required to exhaust reasonable hearing procedures (but not to exceed a four (4) month lapse of time) within such organization, before instituting legal or administrative proceedings against such organizations or any officer thereof.
3. No member of any union, bargaining agent, guild, or other labor organization may be fined, suspended, expelled, or otherwise disciplined by such organization except for severe nonpayment of dues.
4. In any election conducted pursuant to federal law for the certification or decertification of a union, guild, or other labor organization as an exclusive bargaining unit, the right of the workers to vote in such election by Australian ballot (aka secret ballot) shall not be infringed; and no such certification or decertification of such an organization as an exclusive bargaining unit shall occur except upon the affirmative vote by a majority of such workers, selected by Australian ballot and counted openly and publicly immediately after such vote.
5. Any provision of the constitution and bylaws of any labor organisation that is inconsistent with the provisions of this section shall be of no force or effect.
6. This act shall take effect thirty (30) days from the date this legislation is passed.
Passed 8-1-0-9 in the Atlasian Senate Assembled.
- R, PPT
Joseph Cao, President of the Republic of Atlasia
Joseph Cao:
Quote from: President Joseph Cao on December 06, 2022, 12:36:13 AM
Signing statement
Coming as I do from an area that has invested billions into the cutting edge of genetic data collection with no signs of stopping, I understand probably second to none the imperative we have here in this country to protect the rights of our citizens as this becomes an ever more relevant part of everyday life. Laying down the law for the most visible indicator of that industry that currently operates on a wide scale here is a good start.
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DNA SEQUENCING PRIVACY ACT
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TITLE I: DEFINITIONS.
1. "Affirmative authorization" means an action that demonstrates an intentional decision by a consumer.
2. "Biological sample" means any material part of the human, discharge therefrom, or derivative thereof, such as tissue, blood, urine, or saliva, known to contain deoxyribonucleic acid (DNA).
3. "Consumer" means a natural person who is a resident of Atlasia.
4. "Dark pattern" means a user interface designed or manipulated with the substantial effect of subverting or impairing user autonomy, decision-making, or choice.
5. "Deidentified data" means data that cannot be used to infer information about, or otherwise be linked to, a particular individual, provided that the direct-to-consumer genetic testing company (i) takes reasonable measures to ensure that such information cannot be associated with a consumer or household; (ii) publicly commits to maintain and use such information only in deidentified form and not to attempt to reidentify the information, except that the direct-to-consumer genetic testing company may attempt to reidentify the information solely for the purpose of determining whether its deidentification processes satisfy the requirements of this clause, provided that the direct-to-consumer genetic testing company does not use or disclose any information reidentified in this process and destroys the reidentified information upon completion of that assessment; and (iii) contractually obligates any recipients of the information to take reasonable measures to ensure that the information cannot be associated with a consumer or household and to commit to maintaining and using the information only in deidentified form and not to reidentify the information.
6. "Direct-to-consumer genetic testing company" means an entity that (i) sells, markets, interprets, or otherwise offers consumer-initiated genetic testing products or services directly to consumers; (ii) analyzes genetic data obtained from a consumer, except to the extent that the analysis is performed by a person licensed in the healing arts for diagnosis or treatment of a medical condition; or (iii) collects, uses, maintains, or discloses genetic data that is collected or derived from a direct-to-consumer genetic testing product or service or is directly provided by a consumer.
7. "Express consent" means a consumer's affirmative authorization to grant permission in response to a clear, meaningful, and prominent notice regarding the collection, use, maintenance, or disclosure of genetic data for a specific purpose.
8. "Genetic data" means any data, regardless of its format, that results from the analysis of a biological sample from a consumer, or from another element enabling equivalent information to be obtained, and concerns genetic material. Genetic material includes deoxyribonucleic acids (DNA), ribonucleic acids (RNA), genes, chromosomes, alleles, genomes, alterations or modifications to DNA or RNA, and single nucleotide polymorphisms (SNPs). "Genetic data" includes uninterpreted data that results from the analysis of the biological sample and any information extrapolated, derived, or inferred therefrom. "Genetic data" does not include (i) deidentified data or (ii) data or a biological sample to the extent that data or a biological sample is collected, used, maintained, and disclosed exclusively for scientific research conducted by an investigator with an institution that holds an assurance with the federal government, in compliance with all applicable federal, regional, and State laws and regulations for the protection of human subjects in research.
9. "Genetic testing" means any laboratory test of a biological sample from a consumer for the purpose of determining information concerning genetic material contained within the biological sample, or any information extrapolated, derived, or inferred therefrom.
10. "Service provider" means a sole proprietorship, partnership, limited liability company, corporation, association, or other legal entity that is organized or operated for the profit or financial benefit of its shareholders or other owners that is involved in (i) the collection, transportation, and analysis of the consumer's biological sample or extracted genetic material (a) on behalf of the direct-to-consumer genetic testing company or (b) on behalf of any other company that collects, uses, maintains, or discloses genetic data collected or derived from a direct-to-consumer genetic testing product or service or directly provided by a consumer or (ii) the delivery of the results of the analysis of the biological sample or genetic material.
TITLE II: EXCLUSIONS
1. This act shall not apply to any of the following:
A. Protected health information that is collected, maintained, used, or disclosed by a covered entity or business associate governed by the privacy, security, and breach notification rules issued by the Atlasian government, established pursuant to the federal Health Insurance Portability and Accountability Act of 1996 and the federal Health Information Technology for Economic and Clinical Health Act;
B. A covered entity governed by the privacy, security, and breach notification rules issued by the Atlasian government, established pursuant to the Health Insurance Portability and Accountability Act of 1996, , and the federal Health Information Technology for Economic and Clinical Health Act, to the extent that the covered entity maintains, uses, and discloses genetic information in the same manner as protected health information;
C. A business associate of a covered entity governed by the privacy, security, and data breach notification rules issued by the Atlasian government, established pursuant to the federal Health Insurance Portability and Accountability Act of 1996 and the federal Health Information Technology for Economic and Clinical Health Act, to the extent that the business associate maintains, uses, and discloses genetic information in the same manner as protected health information;
D. Scientific research or educational activities conducted by a public or private nonprofit institution of higher education that holds an assurance with the Atlasian government, to the extent that such scientific research and educational activities comply with all applicable federal, regional, and State laws and regulations for the protection of human subjects in research;
E. Any newborn screening program established pursuant to law;
F. Tests conducted exclusively to diagnose whether an individual has a specific disease, to the extent that all persons involved in the conduct of the test maintain, use, and disclose genetic information in the same manner as protected health information; or
G. Genetic data used or maintained by an employer, or disclosed by an employee to an employer, to the extent that the use, maintenance, or disclosure of such data is necessary to comply with a local, State, regional, or federal workplace health and safety ordinance, law, or regulation.
TITLE III: CONSUMER INFORMATION
1. Every direct-to-consumer genetic testing company shall provide to consumers:
A. A summary of the company's (i) policies and procedures related to the collection, use, maintenance, retention, disclosure, transfer, deletion, and security of and access to genetic data and (ii) privacy practices;
B. Information regarding the requirement for consent for the collection, use, and disclosure of genetic data and the process for revoking consent;
C. Notice that a consumer's deidentified genetic or phenotypic data may be shared with or disclosed to third parties for research purposes in accordance with federal law; and
D. Information about the process by which a consumer may file a complaint alleging a violation of this act.
2. Information required to be made available pursuant to this title shall be written in plain language and shall be provided to consumers together with any genetic testing product provided to consumers. Such information shall also be included on any website maintained by the direct-to-consumer genetic testing company in a manner that is easily accessible by the public.
TITLE IV: CONSENT
1. Express consent required pursuant to this act requires a statement of the nature of the data collection, use, maintenance, or disclosure for which consent is sought in plain and prominent language that an ordinary consumer would notice and understand and an affirmative authorization by the consumer granting permission in response to such statement. Express consent shall not be inferred from inaction. Agreement obtained through dark patterns does not constitute express consent.
2. Every direct-to-consumer genetic testing company shall obtain a consumer's express consent for the collection, use, and disclosure of the consumer's genetic data, including, at a minimum, separate and express consent for each of the following:
A. The use of genetic data collected through the genetic testing product or service offered to the consumer. Express consent for such use of genetic data shall include a statement describing who will receive access to the genetic data, how such genetic data will be shared, and the purposes for which such data shall be collected, used, and disclosed;
B. The storage of a consumer's biological sample after the initial testing required by the consumer has been completed;
C. Each use of genetic data or the biological sample beyond the primary purpose of the genetic testing or service and inherent contextual uses;
D. Each transfer or disclosure of the consumer's genetic data or biological sample to a third party other than a service provider, including the name of the third party to which the consumer's genetic data or biological sample will be transferred or disclosed; and
E. Any marketing or facilitation of marketing to a consumer based on the consumer's genetic data or marketing or facilitation of marketing by a third party based on the consumer's having ordered, purchased, received, or used a genetic testing product or service, except that a direct-to-consumer genetic testing company shall not be required to obtain a consumer's express consent to marketing to the consumer on the company's own website or mobile application based on the consumer having ordered, purchased, received, or used a genetic testing product or service from that company if (i) the advertisement does not depend on any information specific to that consumer other than information regarding the product or service that the consumer ordered, purchased, received, or used; (ii) the placement of the advertisement does not result in disparate exposure to advertising content on the basis of a protected class under the Southern Constitution; and (iii) the advertisement of a third-party product or service is clearly labeled as advertising content, is accompanied by the name of the third party that has contributed to the placement of the advertisement, and, if applicable, indicates that the advertised product or service and claims regarding the product or service have not been vetted or endorsed by the direct-to-consumer genetic testing company.
3. Every direct-to-consumer genetic testing company shall provide a mechanism by which a consumer may revoke express consent, which shall include an option for revocation of consent through the primary medium through which the company communicates with consumers.
4. Revocation of express consent by a consumer shall comply with the requirements of federal law. Upon revocation of express consent required herein by a consumer, a direct-to-consumer genetic testing company shall (i) honor such revocation of express consent as soon as is practicable but in all cases within 30 days of receipt of such revocation and (ii) destroy the consumer's biological sample within 30 days of receipt of revocation of the consumer's express consent to store such sample.
TITLE V: OTHER REQUIREMENTS
1. Every direct-to-consumer genetic testing company shall:
A. Implement and maintain reasonable security procedures and practices to protect a consumer's genetic data against unauthorized access, destruction, use, modification, or disclosure; and
B. Develop procedures and practices to allow a consumer to easily (i) access the consumer's genetic data; (ii) delete the consumer's genetic data, except any data required by state or federal law to be retained by the direct-to-consumer genetic testing company and any account the consumer may have created with the direct-to-consumer genetic testing company; and (iii) revoke consent to storage of the consumer's biological sample and request destruction of such biological sample.
2. Every direct-to-consumer genetic testing company that enters into a contract with a service provider shall prohibit the service provider from retaining, using, or disclosing the biological sample, extracted genetic material, genetic data, or any information regarding the identity of the consumer, including whether the consumer has solicited or received genetic testing, as applicable, for any purpose other than for the specific purpose of performing the services specified in the contract with the service provider for the business.
3. Every contract between a direct-to-consumer genetic testing company and a service provider shall include:
A. A provision prohibiting the service provider from retaining, using, or disclosing the biological sample, extracted genetic material, genetic data, or any information regarding the identity of the consumer, including whether the consumer has solicited or received genetic testing, as applicable, for a commercial purpose other than providing the services specified in the contract with the service provider with the business; and
B. A provision prohibiting the service provider from associating or combining the biological sample, extracted genetic material, genetic data, or any information regarding the identity of the consumer, including whether the consumer has solicited or received genetic testing, as applicable, with information the service provider has received from or on behalf of another person or has collected from its own interaction with consumers or as required by law.
TITLE VI: OTHER PROHIBITED DISCLOSURES AND ACTS
1. Except as provided herein, no direct-to-consumer genetic testing company shall disclose a consumer's genetic data to any entity that is responsible for administering or making decisions regarding health insurance, life insurance, long-term care insurance, disability insurance, or employment or any entity that provides advice to such an entity.
2. A direct-to consumer genetic testing company may disclosure a consumer's genetic data or biological sample to an entity described above if:
A. The entity is not primarily engaged in administering health insurance, life insurance, long-term care insurance, disability insurance, or employment;
B. The consumer's genetic data or biological sample is not disclosed to the entity in that entity's capacity as a party that is responsible for administering, advising, or making decisions regarding health insurance, life insurance, long-term care insurance, disability insurance, or employment; and
C. Any agent or division of the entity that is involved in administering, advising, or making decisions regarding health insurance, life insurance, long-term care insurance, disability insurance, or employment is prohibited from accessing the consumer's genetic data or biological sample.
3. No person or public entity shall discriminate against a consumer on the grounds that the consumer has exercised any of the rights granted by this act with regard to:
A. Providing or denying any good, service, or benefit to the consumer;
B. Charging any different price or rate for any good or service provided to the consumer, including through the use of discounts or other incentives or imposition of penalties;
C. Providing a different level or quality of goods, services, or benefits to the consumer;
D. Suggesting that the consumer will receive a different price or rate for goods, services, or benefits or a different level or quality of goods, services, or benefits; or
E. Considering the consumer's exercise of rights pursuant to this chapter as a basis or suspicion of criminal wrongdoing or unlawful conduct.
TITLE VII: ENFORCEMENT AND ENACTMENT
1. The Attorney General or his designee shall have exclusive authority to enforce the provisions of this act.
2. Any person who negligently violates the provisions of this chapter shall be subject to a civil penalty in an amount not to exceed $1,000 plus court costs, as determined by the court. Any person who willfully violates the provisions of this chapter shall be subject to a civil penalty in an amount not less than $1,000 and not more than $10,000 plus court costs, as determined by the court.
3. Each violation of this act is a separate and actionable violation.
4. The provisions of this act shall not reduce a direct-to-consumer genetic testing company's duties, obligations, requirements, or standards under any applicable federal law for the protection of privacy and security.
5. In the event of a conflict between the provisions of this chapter and any other provision of law, the provisions of the law that afford the greatest protection for the right of privacy for consumers shall control.
6. Nothing in this act shall be construed to affect access to information made available to the public by the consumer.
7. This act shall take effect sixty (60) days from the date of passage.
Passed 13-0-0-5 in the Atlasian Senate Assembled.
- R, PPT
Joseph Cao, President of the Republic of Atlasia
Joseph Cao:
Quote from: President Joseph Cao on December 06, 2022, 12:44:52 AM
Signing statement
As far as I am concerned the duty of the popularly elected fiscal conservative should be to promote fiscally conservative policies that help the people who elected them, and this bill makes a concerted effort to get our big corporations to recognize that they too are not going to live and die by their profits and need some level of focus on the people who sustain their existence. This is especially the case now that the material losses from that myopia have been demonstrated in the realm of inflation and entanglements with other bodies that have goals antithetical to ours and theirs, and the like. We're not in Kansas any more, haven't been for decades. It's time the business community recognizes that. If they need a kick in the pants to do so, we as Federalists will be more than happy to give it to them.
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SENATE BILL
To rebalance legal obligations of corporate boards and to prioritize domestic business operations, and other purposes.
Be it Enacted in the Atlasian Senate Assembled,
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BULLMOOSE ACT
1. The officers and governing board of any publicly traded stock corporation incorporated in Atlasia hereby possess a fiduciary duty to make business decisions as a reasonably prudent investor would for the benefit of the corporate shareholders. Accordingly no such officer or board member shall make business decisions on behalf of the corporation based off environmental, social and governance (ESG) factors, personal political viewpoints, or personal bias nor shall any such officer or board member make a public statement on behalf of the corporation supporting or opposing a public policy that does not directly affect the corporation. Any shareholder shall be entitled to iniate a shareholder derivative class action lawsuit against any officer or board member violating this paragraph to seek damages and legal costs. For purposes of this section, decisions made that prioritize domestic businesses and workers over foreign businesses and workers, the national interest, legal compliance, and patriotism to Atlasia shall not be considered a prohibited factor that violates the duty as a prudent investor.
2. The officers, agents, and employees of any financial investment company or fund that manages finances for persons in Atlasia hereby possess a fiduciary duty to make investment decisions as a reasonably prudent investor would for the benefit of the beneficiaries of the investments. Accordingly no such officer, agent, or employee shall make investment decisions on behalf of the company or fund based off ESG factors, personal political viewpoints, or personal bias nor shall any such officer, agent, or employee make a public statement on behalf of the company or fund supporting or opposing a public policy that does not directly affect the corporation. Any beneficiary shall be entitled to iniate a beneficiary derivative class action lawsuit against any officer, agent, or employee violating this paragraph to seek damages and legal costs. The Atlasian government therein shall transfer any financial assets it has deposited or invested with a financial investment company or fund that violates this provision within six (6) months of such violation. Any financial investment company or fund that manages finances for persons in Atlasia shall be prohibited from casting proxy votes on behalf of beneficiaries when such company or fund owns more than 1% of a particular company’s voting securities. In such case the individual passive investors shall be responsible for casting votes. For purposes of this section, decisions made that prioritize domestic businesses and workers over foreign businesses and workers, the national interest, legal compliance, and patriotism to Atlasia shall not be considered a prohibited factor that violates the duty as a prudent investor.
3. The officers, agents, and employees of any shareholder proxy voting firm or company that advises on corporate shareholder proxy voting for persons in Atlasia hereby possess a fiduciary duty to make business decisions as a reasonably prudent investor would for the benefit of the contracted shareholders. Accordingly no such officer, agent, or employee shall cast or recommend any proxy vote or make business decisions on behalf of the firm or company based off ESG factors, personal political viewpoints, or personal bias nor shall any such officer, agent, or employee make a public statement on behalf of the firm or company supporting or opposing a public policy that does not directly affect the contracted shareholders. Any shareholder contracted with such firm or company shall be entitled to iniate a shareholder derivative class action lawsuit against any officer, agent, or employee violating this paragraph to seek damages and legal costs.
For purposes of this section, decisions made that prioritize domestic businesses and workers over foreign businesses and workers, the national interest, legal compliance, and patriotism to Atlasia shall not be considered a prohibited factor that violates the duty as a prudent investor.
4. No publicly traded stock corporation incorporated in Atlasia shall be permitted to maintain any bylaw or policy that discriminates in board composition or employment against any protected class under the Constitution, including but not limited to bylaws or policies mandating race or sex quotas or mandatory retirement ages.
5. Any Business Trust Series or Real Estate Investment Trust created pursuant to federal law that owns real property or engages in commerce within any region in Atlasia shall be deemed to consent to personal jurisdiction to be sued in such region and shall make publicly available the names and contact information of the Trust's beneficiaries, trustee, and address for service of process, regardless of if such Trust was organized in such Region or not.
6. Any limited liability company (LLC) that owns real property or engages in commerce within any region shall be deemed to consent to personal jurisdiction to be sued in such region and shall make publicly available the names and contact information of the LLC's manager, beneficiaries, and address for service of process, regardless of if such LLC was organized in such region or not.
7. If an officer, board member, manager, trustee, employee, or agent of any partnership, corporation, LLC, or trust commits any illegal fraud or an intentional tort under federal, regional, or State law, and the assets of such entity are insufficient to cover the legal damages, any person upon filing a civil suit shall be permitted to pierce the veil of the entity and join the officer, board member, manager, trustee, employee, or agent as a defendant to such suit.
8. It shall be considered an illegal antitrust violation for any foreign country or any investment firm or financial management service, other than a financial institution, to own or hold an ownership stake exceeding 10% in more than 50,000 residential rental properties or in more than 50,000 acres of commercial farmland. The Attorney General may prosecute such violations which shall be punishable by a fine of $10,000.00 per day. A court of competent jurisdiction shall also order any appropriate equitable relief, including but not limited to the divestment of residential rental properties or commercial farmland exceeding the cap.
9.This act shall take effect 120 days from the date of passage.
Passed 8-5-0-5 in the Atlasian Senate Assembled.
- R, PPT
Joseph Cao, President of the Republic of Atlasia
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