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.

New constitutional power to limit campaign money

This bill would add a new article to the Constitution about elections and campaign money. It would say the people have strong interests in free speech, representative government, federalism, election integrity, and political equality. It would say nothing in the Constitution prevents Congress or the States from reasonably regulating and limiting contributions and spending in campaigns for public office and in state or local ballot initiatives and referendums. It would allow laws to treat natural persons differently from corporations or other artificial entities and to bar those entities from raising or spending money in such campaigns. It would let Congress and the States pass laws to implement and enforce these rules. To become part of the Constitution, it would need ratification by three-fourths of state legislatures within seven years after submission.