Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
Rep. Scanlon Introduces Constitutional Amendment to Limit Campaign Spending and Corporate Influence
This bill is currently in the early stages of the legislative process after being introduced in the House. It has been sent to the House Committee on the Judiciary for review. There are no upcoming votes scheduled at this time.
Legislative Progress
Constitutional amendments are extremely difficult to pass and require massive bipartisan support that does not currently exist for campaign finance reform.
Key Points
Impact Analysis
Personal Impact
If ratified, this amendment would allow Congress or states to limit or ban corporate spending on elections, which could affect small businesses that currently spend money on political campaigns or issue ads. Small businesses that rely on political spending to advocate for favorable policies could lose that ability, but they could also benefit from reduced competition with much larger corporations that currently dominate political spending.
“may distinguish between natural persons and corporations or other artificial entities created by law, including by prohibiting such entities from spending money to influence elections”
Milestones
Referred to the House Committee on the Judiciary.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
3 articlesBipartisan former officials, billionaires defend restrictions on money in politics in Maine lawsuit
The article discusses a legal battle over Maine's campaign finance laws, noting that supporters of the 'Democracy for All Amendment' are pushing for a constitutional change to allow Congress and states to regulate campaign spending and overturn the Citizens United decision.
Rep. Nikki Budzinski announces anti-corruption agenda
Rep. Budzinski highlighted the 'Citizens Over Corporations Amendment' as a key part of her agenda. The amendment aims to overturn the Citizens United decision, restrict corporate spending, and restore power to everyday voters by allowing legislative limits on election expenditures.
Schiff, Lee, and Neguse Lead Push for 'Citizens Over Corporations' Amendment
Lawmakers introduced a constitutional amendment on Constitution Day to rein in corporate influence. The proposal would allow for public financing of campaigns and enable lawmakers to set viewpoint-neutral limits on election spending by artificial entities.
Source Information
Document Type
Congressional Bill
Official Title
Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.
Data Sources
Sponsor
Cosponsors
(42)Analysis generated by AI. Always verify with official sources.