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.
Rep. Neguse Introduces Constitutional Amendment to Limit Campaign Spending and Corporate Influence
This bill is currently in the early stages of the legislative process and has been sent to the House Committee on the Judiciary for review. No further actions or hearings are scheduled at this time. The proposal is not moving forward right now.
Legislative Progress
Constitutional amendments are extremely difficult to pass, requiring massive support from both parties that currently does not exist for this issue.
Key Points
Impact Analysis
Personal Impact
If this amendment were ratified, Congress or states could pass laws limiting or banning corporate spending on elections. Small business owners who currently use their business entities to make political contributions or fund election-related ads could lose that ability. On the other hand, reduced corporate influence could level the playing field against much larger competitors who spend heavily on elections.
“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 articlesWhy America needs a campaign finance constitutional amendment now
With $15.9 billion spent on federal elections in 2024 and bipartisan support growing for reform, a constitutional amendment may be the only way to reclaim American democracy from 'dark money' in politics. The proposed amendment seeks to restore campaign finance safeguards.
Get Big Money Out of Politics, or Risk Having Another Elon Musk
In the long term, we need structural changes that redefine the role of money in our political system. This could include a constitutional amendment or a sustained effort that leads a future Supreme Court majority to reject the idea that corporations have constitutional rights to drown out voters.
Bill Would Allow California to Have Public Financing of Elections
Public financing of campaigns is the best way to empower voters and increase diversity of candidates. This bill creates a path by enabling public financing systems that reduce reliance on special interests and amplify the voices of grassroots communities, addressing a key goal of the amendment.
Source Information
Document Type
Congressional Bill
Official Title
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.
Data Sources
Sponsor
Cosponsors
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