SENATE BILL: Executive Compensation Act of 2014 (Redraft Vetoed)

[Southern Senator North Carolina Yankee]

Oh and you forgot to allow the amendment sponsor to approve the split once Tyrion found it representative of his desires. Technicalyl the amendment sponsor can say no and force a vote on the whole thing together if he desires to do so.

[Goldwater]

AYE

[Simfan34]

Surely this has been said before, but stock options give managers an intrinsic stake in the welfare of the company.

[President Tyrion]

Edited the amendment back to July 1 dates.

As for Tyrion's comment, FASB 142 is practically irrelevant for companies that aren't publicly traded.

True.

Tyrion, which parts are hostile again?

The changes are all friendly except cutting out the first sentence of the current clause 4, which I find hostile until we agree on a framework to replace the FASB standards for publicly traded companies.

Wouldn't IFRS be that framework according to DC's amendment?

Sorry for not being clear. I would prefer an Atlasian framework for those standards, as there's no reason to assume homogeneity of Best Accounting Practices.

[Cincinnatus]

Oh and you forgot to allow the amendment sponsor to approve the split once Tyrion found it representative of his desires. Technicalyl the amendment sponsor can say no and force a vote on the whole thing together if he desires to do so.

Based on precedent or actual written procedure?.. 

[Southern Senator North Carolina Yankee]

Oh and you forgot to allow the amendment sponsor to approve the split once Tyrion found it representative of his desires. Technicalyl the amendment sponsor can say no and force a vote on the whole thing together if he desires to do so.

Based on precedent or actual written procedure?.. 

precedent, not of this split sh**t is written procedure. That is why the authorization from the amendment sponsor  is necessary, it is basically treated as the amendment sponsor offering a second amendment, containing the firendly parts only so the old amendment revised to just the hostile portions can proceed to a vote quickly.

[Cincinnatus]

Oh and you forgot to allow the amendment sponsor to approve the split once Tyrion found it representative of his desires. Technicalyl the amendment sponsor can say no and force a vote on the whole thing together if he desires to do so.

Based on precedent or actual written procedure?.. 

precedent, not of this split sh**t is written procedure. That is why the authorization from the amendment sponsor  is necessary, it is basically treated as the amendment sponsor offering a second amendment, containing the firendly parts only so the old amendment revised to just the hostile portions can proceed to a vote quickly.

Good, I don't feel too bad about smashing your precedent.  After all, I have to keep up on my reputation as ruthless overlord of this here body.

[Southern Senator North Carolina Yankee]

Yes, but my point is the amendment sponsor authorization is really the lynchpin between this and the rules. The whole thing is just administrative perrogative. 

Smashing the predecent would be discontinuing the practive of doing splits. What you did was just to decouiple the only thread that kept it remotely legal.

[Southern Senator North Carolina Yankee]

Well regardless of this insider baseball, where are we on the bill now?

[President Tyrion]

I see a 4-4 count right now.

[🐒Gods of Prosperity🔱🐲💸]

AYE on the amendment.

[Southern Senator North Carolina Yankee]

Vote on Amendment 61:02 by DC al Fine:

Aye (4): DC al Fine, Goldwater, Lumine and NC Yankee
Nay (3): bore, TNF and Tyrion
Abstain (0):

Didn't Vote (3): Alfred F. Jones, Adam Griffin and shua (a day too late)

The amendment appears to have been adopted unless I missed a vote somewhere.

[Fmr. Pres. Duke]

Where are we on this?

[Southern Senator North Carolina Yankee]

We shouldn't be too far away from the end here since we have at least agree on the path forward, even if the details are causing some division.

[Fmr. Pres. Duke]

I am fine with replacing accounting standards, but this whole artificial forcing executives to not sell their stock until they're gone for 5 years won't fly with me. We aren't solving any problem with that. We are just postponing the inevitable. Let companies do with their stock what they want. I am too drunk to consider anything else on this matter.

[Southern Senator North Carolina Yankee]

Tyrion, what are your thoughts at present?

[President Tyrion]

Tyrion, what are your thoughts at present?

Thanks for not torching this while I was on LOA.

Allow me to circle back and outline what I might need from this bill going forward.

[President Tyrion]

Upon further examination, I think we can move toward a final vote. I think this is the version that will get bipartisan support.

[Southern Senator North Carolina Yankee]

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[Southern Senator North Carolina Yankee]

A final vote is now open on the underlying legislation, Senators please vote Aye, Nay, or Abstain.

[TNF]

Aye

[Goldwater]

NAY

[bore]

Aye

[H.E. VOLODYMYR ZELENKSYY]

Aye.

[President Tyrion]

Aye