The proposal in one page

The ask

A Regulation of the European Parliament and of the Council requiring undertakings that cross a hyper-automation threshold to issue a non-voting warrant over 3 % of their fully diluted capital to a European Citizens' Capital Reserve, which pays an equal dividend to every adult citizen of the Union.

How it works

Designation. An undertaking is designated on published quantitative criteria, never by name and never at anyone's discretion.
The warrant. Three per cent of fully diluted capital, non-voting, subscribed at nominal value. No votes, no board seats, no say in management.
Crystallisation. It is claimed only when the undertaking's own owners realise value: a liquidity event, an extraction, or a seven-year long stop. Nothing is payable in cash and nothing enters any public budget.
The entitlement. Every adult citizen holds an equal, personal, non-transferable entitlement in the Reserve. No means test, no application, no conditions.

Legal basis, and what survives if part of it fails

Articles 114 and 352 TFEU. The ask is drafted in severable layers so that partial registration under Article 6(4) of Regulation (EU) 2019/788 trims it rather than kills it: the designation regime stands on Article 114 alone, and the Reserve, which is the part needing Article 352 and unanimity, can fall without taking the rest with it.

The objection that matters most

That this is a tax wearing corporate-finance clothes, and therefore Article 113 and unanimity. The answer is that it takes an asset and not a flow, is payable in shares and never in cash, funds no budget, passes through no treasury and confers no revenue on the Union. The objection is stated at its strongest, and answered, as objection 2 of nineteen.

Status, stated plainly

A draft. Nothing has been filed with the Commission, nothing is registered and no signature is being collected anywhere. An admissibility request is with the ECI Forum, answer due 2 September 2026. There is no organisation, no bank account and no funding of any kind: the initiator pays the hosting personally.

What is being asked of you

Not endorsement. A reading, and whatever objection it produces. Seven organisers resident in seven Member States are needed before any filing, and nobody is asked to commit to that while the registrability question is still open.