This joint resolution proposes a constitutional amendment providing that the rights protected by the Constitution are the rights of natural persons only. Artificial entities, such as corporations, shall have no rights under the Constitution and are subject to regulation.
The amendment requires federal, state, and local government to (1) regulate, limit, or prohibit election contributions and expenditures, including a candidate's own contributions and expenditures; and (2) require that any permissible contributions and expenditures be publicly disclosed.
The judiciary is prohibited from construing the spending of money to influence elections to be speech under the First Amendment, and the amendment shall not be construed to abridge the freedom of the press.