The Financial Security and Insolvency Bill

## Predatory Loan and Credit Requirement Act

1. Anyone seeking a loan for a car, house, business or other amount totalling over $75,000 is required to have at least $50,000 in liquid assets prior to being approved for a loan.
2. Anyone who applies for a loan and lies about the assets they currently have is subject to a fine of up to $85,000 and up to 60 months in jail for Fraud.
3. Any bank that approves a loan for someone that has less than the required amount is subject to a fine of up to $500,000 and/or revocation of their state accreditation for banking.
4. Financial institutions are not allowed to purposefully push additional financial services on clients unsolicited. This means that if a client contacts a financial institution seeking a mortgage, the institution can not offer them car loans or other services without the client asking about them. This does not apply to marketing or advertising material, only in-person or over the phone business.
5. Personal loans in the amount of $25,000 or more will require a paralegal or other legal representative to authorize the transaction and make it a legally binding contract. Personal loans that amount to 51% of a person’s total assets or greater are fraudulent and fall under punishments in Section B and C of this PLCR Act

## Insolvency and Bankruptcy Act

1. A person whose current debt totals an amount greater than the sum of all their current assets is able to declare bankruptcy in order to clear their debt so they can rebuild their financial situation
2. A person who declares bankruptcy must apply to a bank or lawyer for the following services:
	1. Liquidation of housing and automobiles in order to pay off as much of their debt as possible
	2. A full review of their income and spending to show they are committed to getting their financial standing back in a positive territory.
	3. Submit a consumer proposal to their creditors in order to get a lower overall debt load. Creditors are required to make an effort with their clients to come to a mutual agreement.
	4. Submission of a payment plan to the Department of Financial Services of the State of San Andreas that will cover paying what remaining debt they have after the liquidation of their material assets and consumer proposals.
3. If a person meets the legal definition of insolvency but makes no attempts to pay off their debts or decrease their spending, it will fall under the procedure in the *Civil Asset Forfeiture, Debt and Confiscation Act*

## Health and Human Services Act

1. State accredited medical services have the legal authority to order someone to consent to transport to a hospital for treatment for wounds or other medical procedures that are of a serious or life-threatening manner.
	1. Emergency Medical Technicians, Registered Nurses and Medical Doctors are included in jobs have legal authority
2. A person that refuses transport to a hospital despite the obvious need for medical attention could face a fine of $15,000 and jail time of up to 20 months for disobeying a lawful order made by a medical professional.
3. Police of a relevant jurisdiction must allow a suspect to receive treatment in a hospital if declared necessary by a state accredited medical professional as outlined in S(a)SS(i)
4. Creation of a Public Health Fund which will be operated out of Fleeca Bank in Los Santos. The bank will host this fund that can be contributed to by private citizens, businesses and state or local government.
	1. The fund will be an option for citizens which are unable to afford healthcare. They can apply through the San Andreas Department of Health for emergency medical funding.
	2. Only those with a net-worth of less than $78,000 will qualify for the public health fund.
	3. Access to the public health fund will not be guaranteed. The person’s injuries, how they got them and the nature of the procedures will ultimately determine their eligibility for the health fund.
		1. The SADPH will determine eligibility for the fund pending an independent investigation into the nature and circumstance of a person’s injuries.
	4. The money stored in the health fund can be invested by the Governor of San Andreas to grow the fund through low-risk and secured investments.
		1. The fund can also be used as emergency funding when a state of emergency is declared by the Governor or an act of the state legislature.

## The Public Housing Act

1. There should be six houses designated in the city as public housing for those in immediate or dire need of housing.
	1. One of these houses will be limited to women only
	2. One house will be designated as a group home wherein up to six recently released or paroled prisoners will be able to live
	3. Residences must be in compliance with all state and federal laws and are subject to search to check for compliance.
2. These houses will be labelled as geared to income. Each week the tenant must submit their income to the San Andreas Department of Public Health and their rent will be figured from this amount.
	1. Attempting to, or actively defrauding the State could get a maximum fine of $55,000 and jail time of up to 60 months.
	2. Being found guilty of defrauding a public service will get you a lifetime ban from all current and future public services.
3. Disagreements with other tenants in shared living that results in charges of domestic violence, assault or other violence against a fellow tenant will get you permanently removed from public housing.
	1. Minor disagreements will not be acted upon by the SADPH. Should you no longer be able to live with someone, you are free to leave but will go to the back of the waiting list for public housing.
4. People with a net-worth of greater than $100,000 do not qualify for public housing.
5. Upon finding housing, or getting a net-worth greater than $100,000 you must immediately notify SADPH which will give you 48 hours to vacate the property.