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Deputies return to the charge for a "bank for democracy"

2021-12-15T12:40:33.566Z


Two deputies, one from the majority and the other from the opposition, want to relaunch the “bank for democracy” project for the candidates in 2022 ...


Two deputies, one from the majority and the other from the opposition, want to relaunch the “

bank for democracy

” project for candidates in 2022 in need of funding, the principle of which was voted in 2017 but which did not see the light of day, in a report released Wednesday.

Read also Should the state create a "bank for democracy" to help candidates who do not have access to bank financing for their campaign?

Faced with "

the persistence of difficulties

" in access to credit, the president of the Laws Committee of the Assembly, Yaël Braun-Pivet (LREM), and the deputy LR Philippe Gosselin consider "

necessary

" to set up a "

Bank for democracy

", in their report on the evaluation of the laws "

for confidence in political life

" of 2017. These laws had empowered the government to create by ordinance such a "

bank

" so that candidates, parties and groups policies can, "

in the event of a proven market failure

», Finance the campaigns of the presidential, legislative, senatorial and European elections, via loans, advances or guarantees. But the project dear to the MoDem ally François Bayrou has been abandoned.

Various hearings conducted by the two deputies (Campaign Accounts Commission, French Banking Federation, etc.) demonstrate the "

absence of proven and generalized market failure

", according to their report. But "

important difficulties have been noted and explained by various treasurers of political parties of all sensibilities

", they report, citing the case of the RN which suffered 53 written refusals from banks, not always motivated. Marine Le Pen wrote in September to Emmanuel Macron to "

alert

" him to the difficulties of financing his presidential campaign, asking Parliament to "

open

" new funding possibilities. The president had referred her to the "

credit mediator

», Another body created by the laws of 2017 to facilitate dialogue between banks, candidates and parties.

Yaël Braun-Pivet and Philippe Gosselin advise immediately to allow the Postal Bank to grant loans and guarantees to candidates and parties as of the 2022 deadlines. In a sustainable way, a law could authorize the Caisse des Dépôts to take the relay.

In addition, to limit "

the perverse effects of taking into account polls by banks

", which want to ensure that the loan will be repaid, the parliamentarians propose to modify the rule of partial assumption by the State of campaign expenses.

Read also Deputies call for the return of the bank for democracy

Exceeding the 5% mark of the votes cast in the first round currently makes it possible to multiply this support tenfold.

They suggest a proportional reimbursement under 5%.

They also believe that natural persons should be able to lend to candidates for the Elysee Palace, a practice prohibited since 2001 - individuals can only make donations limited to 4,600 euros.

Source: lefigaro

All news articles on 2021-12-15

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