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AMCHAM BRIEFING 3 -Loi Macron

AMCHAM BRIEFING 3 -Loi Macron

Timeline: Jan. 22: The bill is submitted by the French government to the Parliament. Jan. 22–Feb. 15: More than 200 hours of debate, 3,000+ amendments. Feb. 17: The vote is called off at the last moment: PM Manuel Valls decides to make use of article 49-3 of the French Constitution in order to force the Parliament’s vote before submitting the text to the Senate (France’s upper house) for review*. The bill is now considered to have passed the first stage (première lecture) at the National Assembly. Apr. 7: Beginning of text review by the Senate. May 12: Senate vote. *Now it has been used, Article 49-3 cannot be used to push through another law in this Parliamentary session (which will end at the end of June), but it can be invoked again in future readings of the Macron Bill. Next steps: The Bill will go through a Commission Mixte Paritaire (CMP - conciliation proceedings), before being submitted for the final vote at the National Assembly if the CMP fails.