This resolution would amend the U.S. Constitution to keep non-persons (like corporations or political action committees (PACs)) from legally making political contributions that influence the outcomes of public elections.
In effect, it would negate the Supreme Court’s ruling in the Citizens United v. FEC case. The 2010 decision held that political expenditures by corporations and organizations are protected speech under the First Amendment.
Further, this resolution declares that nothing in this constitutional amendment should be interpreted as restricting the power of Congress and States to enact legislation aimed at:
Protecting the integrity and fairness of the electoral process;
Limiting the corrupting influence of private wealth in public elections;
Guaranteeing the dependence of elected officials on the people alone.
Under this bill, Congress and states would be empowered to:
Establish public financing systems for elections;
Impose requirements ensuring the disclosure of contributions and expenditures made to influence the outcome of a public election by candidates, individuals, and associations of individuals;
Create content neutral limitations on all such contributions and expenditures.
Congress states that nothing in this constitutional amendment should be construed as effecting freedom of the press.
In order for this resolution to become a constitutional amendment, two-thirds of both the House and Senate must approve of the proposal, and three-fourths of the state legislatures (currently 38) must ratify the amendment.