A joint resolution proposing an amendment to the Constitution of the United States relating to the authority of Congress and the States to regulate contributions and expenditures intended to affect elections and to enact public financing systems for political campaigns.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This joint resolution proposes an amendment to the U.S. Constitution that would give Congress and state legislatures more authority to regulate campaign finance. Specifically, it would allow them to limit how much money is raised and spent in elections, and to establish public financing systems for political campaigns. The amendment also permits distinctions to be made between individuals and organizations, potentially including restrictions on corporate spending in elections.
Key provisions
- Congress and states can regulate campaign contributions and expenditures.
- States and Congress can establish public financing systems for campaigns.
- These entities can differentiate between individuals and corporations when implementing regulations.
- Corporations may be prohibited from spending money to influence elections.
- The amendment does not affect freedom of the press.
Who is affected
- Candidates for office
- Political campaigns
- State legislatures
- Congress
- Corporations
Notable changes
- Expands the authority of Congress and states to regulate campaign finance.
- Allows for public financing systems to be established.
- Potentially restricts corporate spending in elections.
Bill text
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Sponsors
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13 on record
Primary sponsor
Cosponsors
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