HB 18-2: Co-determination Act of 2019 (Passed)

[Esteemed Jimmy]

Aye

[Coastal Elitist]

Nay

[P. Clodius Pulcher did nothing wrong]

Aye

[Esteemed Jimmy]

With a majority of representatives voting to pass this bill, the vote will close in 24 hours and any Representative who wishes to change his or her vote must do so during that interval.

[#TheShadowyAbyss]

Aye

[Dr. MB]

Aye

[Esteemed Jimmy]

Voting has closed. The final vote stands as:

Aye: 6 (Jimmy7812, JGibson, KoopaDaQuick, MB, TheShadowyAbyss, razze)
Nay: 2 (fhtagn, Tea Party Hater)
Abstain: 0
Missed: 1 (Alancia)

Therefore, voting has closed and this resolution passes 6-2-0-1.

[Esteemed Jimmy]

Co-determination Act of 2019

HOUSE BILL

To provide a platform for corporate changes

Section 1: Co-determination
 
1. All public companies, private limited liability companies, and private-public partnerships with over 1,000 employees represented by a labor union will be invited to establish a two-tiered system through a national pilot program to determine the effectiveness of increased workforce participation in the management of these entities.
 
2. Those companies who agree to take part in the terms of section 1, will be required to institute an advisory panel made of 40% workforce, 40% existing management and 20% local community representatives. The Board must consist of at least 15 people. All decisions made by the managing Board of the entity must be supported by two-third's majority of the advisory panel. Note that for quorum to exist at least 50% of each group needs to be present to enable votes to proceed.
 
3. The Advisory Panel is entitled to be informed and give advice on Management changes or changes in Board composition. However, the Advisory Panel can only remove Management Board members with a super-majority vote of 75% or higher. Approval of new Board members can be  done through the traditional two-thirds vote. Those entities, whose management Board goes against the decision of the Panel will be liable for an organisational tax penalty of $40,000 per event.
 
4. An ombudsman will be created within the Department of Internal Affairs to make determinations in the event of disagreement between Management and Advisory panels. These decisions will be legally binding on the organisation and all panel members.
 
5. The Advisory Panel will be able to create sub-committees to deal with specific issues arising out of the work of the main panel. These can be created at the discretion of the Panel, but cannot be constituted with one of the original three groupings having greater than 50% of representatives. They will report findings to the main Panel, but will possess no additional voting rights or powers.
 
6. The Advisory Panels will have a life of 24 months from the moment of inception and will provide a report to the Department of Internal Affairs for consideration of further action from the Senate at the conclusion. The reports will be focused on the economic and productivity performance of the business, as well as surveys of workforce satisfaction. Until the Senate has considered the reports and the effectiveness of the program, the Panels can be continued at the discretion of the entity.
 
Section 2: Implementation
 
This legislation shall go into effect 1 January 2020.

People's House of Representatives
Passed in the House of Representatives 6-2-0-1