From Beta.Congress.Gov:

Congress or the States the power to abridge the freedom of the

“Section 3. Nothing in this article shall be construed to grant

entities from spending money to influence elections.

artificial entities created by law, including by prohibiting such

distinguish between natural persons and corporations or other

and enforce this article by appropriate legislation, and may

“Section 2. Congress and the States shall have power to implement

on the raising and spending of money by candidates and others to

process, Congress and the States may regulate and set reasonable limits

equality, and to protect the integrity of government and the electoral

“Section 1. To advance democratic self-government and political

legislatures of three-fourths of the several States:

and purposes as part of the Constitution when ratified by the

Constitution of the United States, which shall be valid to all intents

That the following article is proposed as an amendment to the

Here is the full text of the resolution including an earlier version:

[Congressional Bills 113th Congress]

[From the U.S. Government Printing Office]

[S.J. Res. 19 Reported in Senate (RS)]

Calendar No. 471

113th CONGRESS

2d Session

S. J. RES. 19

Proposing an amendment to the Constitution of the United States

relating to contributions and expenditures intended to affect

elections.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

June 18, 2013

Mr. Udall of New Mexico (for himself, Mr. Bennet, Mr. Harkin, Mr.

Schumer, Mrs. Shaheen, Mr. Whitehouse, Mr. Tester, Mrs. Boxer, Mr.

Coons, Mr. King, Mr. Murphy, Mr. Wyden, Mr. Franken, Ms. Klobuchar, Mr.

Udall of Colorado, Mr. Johnson of South Dakota, Mr. Menendez, Mr. Reed,

Mr. Blumenthal, Mr. Heinrich, Mr. Merkley, Mrs. Feinstein, Mr. Begich,

Mr. Cardin, Mrs. Gillibrand, Mrs. Hagan, Ms. Mikulski, Ms. Baldwin, Mr.

Markey, Ms. Warren, Mr. Brown, Mr. Walsh, Mr. Durbin, Mr. Reid, Ms.

Hirono, Mr. Carper, Mrs. Murray, Mr. Schatz, Mr. Sanders, Mr.

Rockefeller, Ms. Stabenow, Mr. Booker, Ms. Heitkamp, Mr. Manchin, Mrs.

McCaskill, Ms. Cantwell, and Mr. Nelson) introduced the following joint

resolution; which was read twice and referred to the Committee on the

Judiciary

July 17, 2014

Reported by Mr. Leahy, with an amendment

[Strike out all after the resolving clause and insert the part printed

in italic]

_______________________________________________________________________

JOINT RESOLUTION

Proposing an amendment to the Constitution of the United States

relating to contributions and expenditures intended to affect

elections.

Resolved by the Senate and House of Representatives of the United

States of America in Congress assembled (two-thirds of each House

concurring therein), 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:

“Article–

“Section 1. To advance the fundamental principle of

political equality for all, and to protect the integrity of the

legislative and electoral processes, Congress shall have power to

regulate the raising and spending of money and in-kind equivalents with

respect to Federal elections, including through setting limits on–

“(1) the amount of contributions to candidates

for nomination for election to, or for election to, Federal

office; and

“(2) the amount of funds that may be spent by, in

support of, or in opposition to such candidates.

“Section 2. To advance the fundamental principle of

political equality for all, and to protect the integrity of the

legislative and electoral processes, each State shall have power to

regulate the raising and spending of money and in-kind equivalents with

respect to State elections, including through setting limits on–

“(1) the amount of contributions to candidates

for nomination for election to, or for election to, State

office; and

“(2) the amount of funds that may be spent by, in

support of, or in opposition to such candidates.

“Section 3. Nothing in this article shall be construed to

grant Congress the power to abridge the freedom of the press.

“Section 4. Congress and the States shall have power to

implement and enforce this article by appropriate

legislation.”.

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:

“Article–

“Section 1. To advance democratic self-government and political

equality, and to protect the integrity of government and the electoral

process, Congress and the States may regulate and set reasonable limits

on the raising and spending of money by candidates and others to

influence elections.

“Section 2. Congress and the States shall have power to implement

and enforce this article by appropriate legislation, and may

distinguish between natural persons and corporations or other

artificial entities created by law, including by prohibiting such

entities from spending money to influence elections.

“Section 3. Nothing in this article shall be construed to grant

Congress or the States the power to abridge the freedom of the

press.”.

Calendar No. 471

113th CONGRESS

2d Session

S. J. RES. 19

_______________________________________________________________________

JOINT RESOLUTION

Proposing an amendment to the Constitution of the United States

relating to contributions and expenditures intended to affect

elections.

_______________________________________________________________________

July 17, 2014

Reported with an amendment