The Material Modernization act, 652: Difference between revisions
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1.3 - The Ministry of Commerce and Labour shall be allocated 85 million florins quarterly to fund all activities of the NMAA. |
1.3 - The Ministry of Commerce and Labour shall be allocated 85 million florins quarterly to fund all activities of the NMAA. |
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1.4 - The NMAA will be coordinated by a board of |
1.4 - The NMAA will be coordinated by a board of 15 members, appointed by KISRA. |
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1.5 - The NMAA will, apart from recieving funding, be politically fully indipendent and neutral. |
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===Article 2 - Projects of the NMAA=== |
===Article 2 - Projects of the NMAA=== |
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2.1 - The NMAA's main goal is to create a cheap, environmentally friendly building material. |
2.1 - The NMAA's main goal is to create a cheap, environmentally friendly building material. |
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2.4 - The NMAA will dedicate 20 million florins quarterly to the construction of efficient, nature-friendly housing. |
2.4 - The NMAA will dedicate 20 million florins quarterly to the construction of efficient, nature-friendly housing. |
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=== Article 3-Taxing and subsidizing of private companies === |
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3.1 - A company is eligible to be subsidized when approved by the NMAA. |
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3.2 - After said approval the Corporation Tax Rate shall be set at 20% (instead of the standard 25%) of total reported gross profitable revenue. |
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''Written and Proposed by Emile, DPPK.'' |
''Written and Proposed by Emile, DPPK.'' |
Revision as of 13:28, 28 March 2023
An act to modernize the Kodiak civilization.
PASSED on DD/MM/YY with ## Aye, ## Nay, ## Abstain
Article 1 - Establishing the National Material Advancment Administration (NMAA)
1.1 - Establishes the National Material Advancment Administration (NMAA) under the Ministry of Commerce and Labour.
1.2 - The NMAA will manage research for efficient building materials.
1.3 - The Ministry of Commerce and Labour shall be allocated 85 million florins quarterly to fund all activities of the NMAA.
1.4 - The NMAA will be coordinated by a board of 15 members, appointed by KISRA.
1.5 - The NMAA will, apart from recieving funding, be politically fully indipendent and neutral.
Article 2 - Projects of the NMAA
2.1 - The NMAA's main goal is to create a cheap, environmentally friendly building material.
2.2 - The NMAA shall subsidize both public and private institutions and companies.
2.2.1 - Every quarter 50 million florins shall be dedicated to subsidies for private companies and institutions.
2.2.2 - 15 million florins will be dedicated quarterly to subsidies for governmental institutions.
2.3 - The NMAA will be allowed to sell the materials at a set price determined by the board.
2.4 - The NMAA will dedicate 20 million florins quarterly to the construction of efficient, nature-friendly housing.
Article 3-Taxing and subsidizing of private companies
3.1 - A company is eligible to be subsidized when approved by the NMAA.
3.2 - After said approval the Corporation Tax Rate shall be set at 20% (instead of the standard 25%) of total reported gross profitable revenue.
Written and Proposed by Emile, DPPK.