R&R Act: Difference between revisions
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→Rebuilding and Revitalization Act of 667
(Created page with "== Rebuilding and Revitalization Act of 667 == ''Whereas, The Kodiak Republic has emerged from a period of civil strife, requiring substantial efforts to rebuild and revitalize its cities and communities;'' ''Whereas, The City of Graz, Crystal City, and the Province of Sjokolade have suffered significant damage and disruption, necessitating immediate attention and resources for their reconstruction;'' ''Whereas, It is imperative to invest in infrastructure, including r...") |
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=== Section 1: Rebuilding Fund Allocation ===
1.1. The sum of
1.2. The allocated funds shall be utilized exclusively for the reconstruction of infrastructure, including but not limited to roads, bridges, utilities, schools, and hospitals, in the respective areas.
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=== Section 3: Revitalization Loans ===
3.1. An additional
3.2. These loans shall carry an annual interest rate of 2%, and the principal amount shall only be used for activities aimed at revitalizing the communities affected by the civil war, including but not limited to infrastructure development, business recovery, and public services enhancement.
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5.2. Upon the expiration of the tax break period specified in Section 2, the Welch Tax Reform Resolution, 666, shall revert to its original provisions regarding business taxes in the affected regions.
''Written by Joseph Dean Fala, DPPK, MGA''
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