SB 115-28 Atlasian Steel Act (Tabled)

[Utah Neolib]

AN ACT
To nationalize the steel industry

Be it enacted by the Senate of the Republic of Atlasia

Section 1. Title

This legislation may be cited as the Atlasian Steel Act.

Section 2. Nationalization

1. All 25% of all steel manufacturers are brought into public ownership immediately upon passage of this act and shall be placed under the control of an Atlasian Steel Authority.

2. To complete the undertaking as outlined above, the Republic of Atlasia shall establish an Atlasian Steel Authority (hereafter ASA) which shall be comprised of all former privately-held steel companies and shall hold a legal monopoly in these sectors.

3. The purpose of the aforementioned ASA shall be the economization of operations and the modernization of production methods to raise safety and efficiency standards across the country, as well as provide steel at a low cost, prevent competitive waste, and co-ordinate research and development in those sectors.

4. The government of the ASA shall be federal and cooperative. In each region will be established a regional steel authority under a board of directors composed of representatives of labor, the consumers, security, and the environment. The number of labor directors shall be four, and the number of directors for all other constituencies shall be two. Each regional authority will elect five representatives to the national board of directors. Two of the national directors elected by each regional authority shall represent labor, and one each shall represent the consumers, security, and the environment.
 
5. The labor directors shall be chosen by a vote of the steel workers; the consumer directors by a vote of the regional legislature, the security and environment directors by the regional executive at the regional level and by the president at the federal level.

6. The term of a Board director shall be four years. [/s] [/s]

7. The President shall appoint a Chair of the ASA Board of Directors who shall have no vote unless they are equally divided. The Chair shall serve a four year term.

8. All persons owning any of the aforementioned industry brought into public ownership shall be fairly compensated for the sale of said industries to the Republic of Atlasia.

[/quote]

[Utah Neolib]

24 hours to object to my amendment.

[Utah Neolib]

Aye

[Utah Neolib]

Nay

[Utah Neolib]

AN ACT
To nationalize the steel industry

Be it enacted by the Senate of the Republic of Atlasia

Section 1. Title

This legislation may be cited as the Atlasian Steel Act.

Section 2. Nationalization

1. All 25% of all steel manufacturers are brought into public ownership immediately upon passage of this act and shall be placed under the control of an Atlasian Steel Authority.

2. To complete the undertaking as outlined above, the Republic of Atlasia shall establish an Atlasian Steel Authority (hereafter ASA) which shall be comprised of all former privately-held steel companies and shall hold a legal monopoly in these sectors.

3. The purpose of the aforementioned ASA shall be the economization of operations and the modernization of production methods to raise safety and efficiency standards across the country, as well as provide steel at a low cost, prevent competitive waste, and co-ordinate research and development in those sectors.

4. The government of the ASA shall be federal and cooperative. In each region will be established a regional steel authority under a board of directors composed of representatives of labor, the consumers, security, and the environment. The number of labor directors shall be four, and the number of directors for all other constituencies shall be two. Each regional authority will elect five representatives to the national board of directors. Two of the national directors elected by each regional authority shall represent labor, and one each shall represent the consumers, security, and the environment.
 
5. The labor directors shall be chosen by a vote of the steel workers; the consumer directors by a vote of the regional legislature, the security and environment directors by the regional executive at the regional level and by the president at the federal level.

6. The term of a Board director shall be four years. [/s] [/s]

7. The President shall appoint a Chair of the ASA Board of Directors who shall have no vote unless they are equally divided. The Chair shall serve at the President’s discretion.
[/s] [/s]

8. All persons owning any of the aforementioned industry bought by the Republic of Atlasia and brought into public ownership shall be fairly compensated for the sale of said industries to the Republic of Atlasia.

[/quote]

[/quote]

Small addition that makes the language a bit more clear.

24 hours to object.

[Utah Neolib]

(Not the CM amendment, my most recent amendment) was adopted.