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H.J.Res. 92 (112th): Proposing an amendment to the Constitution of the United States relating to the authority of Congress and the States to regulate the disbursement of funds for political activity by for-profit corporations and other for-profit business organizations.

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The text of the resolution below is as of Dec 6, 2011 (Introduced). The resolution was not adopted.

IA

112th CONGRESS

1st Session

H. J. RES. 92

IN THE HOUSE OF REPRESENTATIVES

December 6, 2011

introduced the following joint resolution; which was referred to the Committee on the Judiciary

JOINT RESOLUTION

Proposing an amendment to the Constitution of the United States relating to the authority of Congress and the States to regulate the disbursement of funds for political activity by for-profit corporations and other for-profit business organizations.

That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

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1.

Because of the compelling public interest in preventing corruption and the appearance of corruption among elected officials, and because corporations and other business organizations are not natural persons or citizens, Congress and the States may regulate the disbursement of funds for political activity by for-profit corporations, other for-profit business entities, or other business organizations, without regard to whether or not the activity is carried out independently from any candidate or political party.

2.

Nothing contained in this Article shall be construed to abridge the freedom of the press.

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