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| S.R. 22 Debt Arrangement and Pursuing Unpaid Fee's ACT | |
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| Tweet Topic Started: Jun 23 2014, 08:01 PM (350 Views) | |
| New Christland | Jun 23 2014, 08:01 PM Post #1 |
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Senator
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Debt Arrangement and Pursuing Unpaid Fee's ACT DAPUF Act Rationale- Understanding that with a modern economy, states take up debt's from banking institutions. Rationale 2- Understanding that many will not have the cash on hand to pay these debts back when due. Article- Give the power of the banks to seize properties, metals, and money in the event of a unpaid debt after the duration to pay the debt has been surpassed. |
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GOP Member Senate President I-IV Congress of Allied States National Security Organization President Representative of the Gulf Coast Founder of Society of Jesus CEO of Allied Bank 2nd & Current President of the Allied States | |
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| CDLand | Jun 23 2014, 08:06 PM Post #2 |
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Senate President
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I would feel better about this if either 1) There was a Supreme Court order 2) There is, in the contract of the loan, a collateral placed (say money or metals or land on the map) |
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John Newman (LP-Buxton) First President of the Allied States Winner of the "Last to Post Wins" Contest!!!! | |
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| New Christland | Jul 9 2014, 11:13 AM Post #3 |
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Senator
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Aye |
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GOP Member Senate President I-IV Congress of Allied States National Security Organization President Representative of the Gulf Coast Founder of Society of Jesus CEO of Allied Bank 2nd & Current President of the Allied States | |
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| CDLand | Jul 9 2014, 12:33 PM Post #4 |
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Senate President
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--VETO THREAT-- While the President agrees with the premise of this bill, the implementation of the bill is flawed in that it would allow banks to seize property from debtors without due process. If the seizure was part of an agreement beforehand to hold such property collateral, or if the seizure occurred as part of a Court order after due process, I believe that would better safeguard the rights of individuals. Therefore, I must regretfully inform the Senate that I will veto the bill if it passes as currently written. |
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John Newman (LP-Buxton) First President of the Allied States Winner of the "Last to Post Wins" Contest!!!! | |
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| New Christland | Jul 9 2014, 03:35 PM Post #5 |
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Senator
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We dont need your signature, we will override your veto |
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GOP Member Senate President I-IV Congress of Allied States National Security Organization President Representative of the Gulf Coast Founder of Society of Jesus CEO of Allied Bank 2nd & Current President of the Allied States | |
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| CDLand | Jul 9 2014, 03:48 PM Post #6 |
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Senate President
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Okay don't forget to introduce that motion in the House. |
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John Newman (LP-Buxton) First President of the Allied States Winner of the "Last to Post Wins" Contest!!!! | |
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| New Christland | Jul 10 2014, 11:26 PM Post #7 |
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Senator
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The bill has passed 1-0 being 100% of the vote. The Motion is now sent to the house to overturn the presidential veto. If he so chooses to. |
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GOP Member Senate President I-IV Congress of Allied States National Security Organization President Representative of the Gulf Coast Founder of Society of Jesus CEO of Allied Bank 2nd & Current President of the Allied States | |
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| CDLand | Jul 10 2014, 11:32 PM Post #8 |
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Senate President
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As threatened, I hereby VETO this measure with the following statement of objection.
Edited by CDLand, Jul 10 2014, 11:32 PM.
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John Newman (LP-Buxton) First President of the Allied States Winner of the "Last to Post Wins" Contest!!!! | |
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| CDLand | Jul 10 2014, 11:33 PM Post #9 |
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Senate President
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Debate is now open on Representative Moehner's motion to override the President's veto. Debate will last for 12 hours unless a Representative moves to extend debate to 48 hours. |
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John Newman (LP-Buxton) First President of the Allied States Winner of the "Last to Post Wins" Contest!!!! | |
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| New Christland | Jul 10 2014, 11:40 PM Post #10 |
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Senator
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Mr.Speaker I ask a for a amendment to be proposed that would get your approval. |
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GOP Member Senate President I-IV Congress of Allied States National Security Organization President Representative of the Gulf Coast Founder of Society of Jesus CEO of Allied Bank 2nd & Current President of the Allied States | |
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2:09 PM Jul 11