We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 27, 2018.
This joint resolution states that the First Amendment to the Constitution does not apply to the political speech of any corporation, partnership, business trust, association, or other business organization with respect to the making of contributions, expenditures, or other disbursements of funds in connection with public elections.
The resolution grants Congress the power to set limits on the amounts of contributions and expenditures with respect to candidates in a federal election.
The resolution grants states the power to set limits on the amounts of contributions and expenditures with respect to candidates in a state or local election.