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Courts and Law
Display of in-game items, future car development

Pending Bill: Partial Amendment to the Income Tax Act Proposed by Rep. Park Dae-chul (People Power Party) ●This amendment proposes canceling the planned implementation of the financial income tax system next year, which imposes a 20-25 percent tax on capital gains from investments in financial inves
April 8, 2024 - 12:00:45
Courts and Law
Game user protection, fostering AI industry

Proposed Bills: Partial Amendment to the Game Industry Promotion Act Proposed by Rep. Kim Seung-su (People Power Party) ●This amendment ensures users can receive compensation for damages caused by intentional indication of misinformation for probabilistic game items by introducing a punitive damages
April 1, 2024 - 13:44:29
Courts and Law
Infrastructure building in new cities, retail industry deregulation

Proposed Bill: Partial Amendment to the Special Act on Public Housing Proposed by Rep. Seo Il-jun (People Power Party) ● The lack of major transportation infrastructure in new cities is inconvenient for residents. This amendment modifies the timeframe for formulating improvements in metropolitan tra
March 25, 2024 - 12:37:30
Courts and Law
Fostering hydrogen, mobility technologies, investor protection

Proposed Bill: Partial Amendment to the Act on Special Measures for Strengthening the Competitiveness of, and Protecting National High-tech Proposed by Rep. Lee Won-wook (New Reform Party) ● Hydrogen and mobility technologies have recently gained global prominence as a way to tackle climate change a
March 18, 2024 - 11:36:27
Courts and Law
Bills to promote strategic technologies, fair app market

Proposed Bill: Partial Amendment to the Telecommunications Business Act Proposed by Rep. Lee Kai-ho (Democratic Party of Korea) ● To promote fair market order in the app market and prevent app market business entities from taking unfair advantage of their transactional position, this amendment prohi
March 11, 2024 - 11:08:30
Courts and Law
Tax relief for birth benefits, green light for local logistics facilities

Proposed Bill: Partial Amendment to the Telecommunications Business Act Proposed by Rep. Yoon Doo-hyun (People Power Party) ● To ensure consumers are protected after the abolition of the Mobile Device Distribution Improvement Act, this amendment transfers provisions related to selective contract dis
March 4, 2024 - 13:28:32
Courts and Law
Companies supporting child birth, redevelopment projects

Proposed Bill: Partial Amendment to the Act on the Improvement of Urban Areas and Residential Environments Proposed by Rep. Park Duk-hyum (People Power Party) ● The number of owners of most plots of land in major cities exceeds the number of owners allowed to directly or jointly implement a redevelo
Feb. 26, 2024 - 13:19:56
Courts and Law
Stock investment promotion, wind power distribution

Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Park Dae-chul (People Power Party) ● In consideration of the high interest rates and rising number of stock investors in the current economic landscape, this amendment proposes to cancel
Feb. 19, 2024 - 15:09:00
Courts and Law
Prospective tenant protection, Busan global hub

Proposed Bills: Partial Amendment to the Special Act on Public Housing Proposed by Rep. Kim Byung-wook (Democratic Party of Korea) ● This amendment revises the pre-sale housing subscription system to decrease risks for prospective tenants. It ensures that pre-subscription for housing begins only aft
Feb. 12, 2024 - 11:23:51
Courts and Law
‘Shrinkflation’ warnings, tax benefits for tech investment

Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Park Dae-chul (People Power Party) ● Food manufacturing companies have begun to reduce product volume or alter ingredient content in response to rising prices. To ensure consumers are informed of such c
Feb. 5, 2024 - 14:00:25
Courts and Law
Bills on construction defect liability, contracts

Proposed Bill: Special Act on the Change of Jurisdiction of Hanam-gu from Gyeonggi-do to Seoul Metropolitan City Proposed by Rep. Lee Yong (People Power Party) ● This proposed bill backs up the ruling People Power Party‘s “megacity” scheme that intends to incorporate cities near Seoul into the capi
Jan. 29, 2024 - 12:16:44
Courts and Law
Substitute holidays, solid fuel restrictions, tech leak prevention

Proposed Bill: Partial Amendment to the Act on Public Holidays Proposed by Rep. Yoo Gyeong-joon (People Power Party) ● The existing law does not specify a deadline for announcing the designation of substitute holidays, which has caused difficulties for people to plan for the holidays. Therefore, thi
Jan. 23, 2024 - 06:28:30
Courts and Law
Bills to detect deepfakes, promote biogas use

Proposed Bill: Whole Amendment to the Act on the Protection and Use of Location Information Proposed by Rep. Hong Suk-joon (People Power Party) ● With the expansion of the mobility market based on location information, location information is being used in various fields to provide customized servic
Jan. 15, 2024 - 13:55:57
Courts and Law
Bills to promote climate action, corporate restructuring

Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Kim Sung-joo (Democratic Party of Korea) ● As climate change responsiveness increasingly becomes an essential part of business operations, this amendment requires companies to disclose clim
Jan. 8, 2024 - 11:27:52
Courts and Law
‘Shrinkflation’ warnings, platform monopoly regulations

Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Hwang Hee (Democratic Party of Korea) ● An increasing number of food manufacturing companies have been reducing the volume of their products while maintaining or raising their prices. However, these cha
Jan. 1, 2024 - 16:14:17