S.J.Res.33 - A joint resolution proposing an amendment to the Constitution of the United States to expressly exclude for-profit corporations from the rights given to natural persons by the Constitution of the United States, prohibit corporate spending in all elections, and affirm the authority of Congress and the States to regulate corporations and to regulate and set limits on all election contributions and expenditures.112th Congress (2011-2012)
|Sponsor:||Sen. Sanders, Bernard [I-VT] (Introduced 12/08/2011)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 12/08/2011 Read twice and referred to the Committee on the Judiciary. (All Actions)|
This bill has the status Introduced
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Summary: S.J.Res.33 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in Senate (12/08/2011)
Constitutional Amendment - Declares that the rights protected by the Constitution are the rights of natural persons and do not extend to for-profit corporations, limited liability companies, or other private entities established for business purposes or to promote business interests under the laws of any state, the United States, or any foreign state.
Declares that such corporate and other private entities are subject to regulation by the people through the legislative process so long as such regulations are consistent with the powers of Congress and the states and do not limit the freedom of the press.
Prohibits such corporate and other private entities from making contributions or expenditures in any election of any candidate for public office or the vote upon any ballot measure submitted to the people.
Grants Congress and the states the power to regulate and set limits on all election contributions and expenditures, including a candidate's own spending, and to authorize the establishment of political committees to receive, spend, and publicly disclose the sources of those contributions and expenditures.