Right to Reimbursement Act

Right To Reimbursement Act

The government will pay its debts to the people or completely loses their faith

Author: Democracy-foryou

Ratified by public referendum on 13 April 2025.

Preamble

Whereas

past governments have refused to pay their debts

Whereas

past governments refused to pay bondholders

Section 1: Fiscal Responsibility

§1 The Constitution shall add under part 6, article 19 an article that shall read:

Article 20: Protection of Citizen’s Debt

§1 The Government shall repay its debts to its citizens

§1.1 The government can only void these debts if the citizen fails to meet their obligations to own these debts or leaves SimDem for more than sixty (60) days.

§1.2 Government bonds must be re-purchased, repaid, or expropriated from the citizens who own them if the government wants to end them.

§1.3 The government cannot void any agreement with a citizen without providing equivalent appropriate compensation.

Section 2: Further adjustments

§1 The other Articles of the Constitution shall be adjusted to reflect the new order of the articles of the Constitution.

Section 3: Implementation

§1 Shall come into effect upon passage