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Economic Law Clarification Act

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Economic Law Clarification Act

Passed by the Senate on the 1st April 2026, not vetoed by the President within 3 days

Article 1: Clarification

§1. The Revised Economy Foundations Act, Part 2: Corporations and Part 4: Economic Law are repealed in their entirety.
§2. Executive Departments Act 2025, Part 2: Statutory Departments, Article 6: The Department of the Treasury (DoT), §2., §3., §4., and §5. shall be repealed.
§3. The Government Bonds Expansion Act and the Bond Clarification Act are both fully repealed.

Article 2: Changes To the Economy Code 2026

§1. The Economic Code Act 2026, Part VII, Government Bonds and Public Debt, Article 18, Bond terms and records, §2 shall be amended to add the following subsection: 

3. SimDem citizens who are buyers of a null and void bond have the right to claim uncompensated appropriation under Article 22a of the Civil Code, where such buyers are deemed to have suffered indirect expropriation of private property due to the State’s actions.

Article 3: Implementation

§1. Any repeals in The Economic Code Act 2026, Part XI, Transitional, Repeals, and Schedules, Article 31, Repeals and consolidation, §1 that remain unclarified shall be considered repealed. However, the Archives must inform the Senate of any remaining unclarified repeals before removing those unclarified repeals.

§1.1. The Economic Code Act 2026, Part XI, Transitional, Repeals, and Schedules, Article 31, Repeals and consolidation, §1, 11 is repealed and considered to not have gone into effect

§2. This act comes into immediate effect upon passing.