Proposing an amendment to the Constitution of the United States to provide that Congress and the States shall have certain authority to regulate and limit contributions and spending in campaigns for elections for public office, elections for public office, and ballot initiatives and referendums.

Key Points

• This joint resolution proposes a constitutional amendment giving Congress and state governments the power to regulate and limit money spent on political campaigns, elections, and ballot measures.
• The amendment would allow lawmakers to treat real people differently from corporations, unions, and other organizations when it comes to political spending, and could even ban those groups from raising and spending money on elections entirely.
• It declares that the American people have strong interests in free speech, representative government, fair elections, and political equality for individual citizens.
• The amendment explicitly states that nothing in the Constitution should be read as preventing these regulations, which would effectively overturn Supreme Court rulings like Citizens United that treat political spending as protected speech.
• As a constitutional amendment, it requires two-thirds approval in both the House and Senate, then ratification by 38 state legislatures within seven years. This is an extremely high bar that makes passage unlikely in the near term.