Proposing an amendment to the Constitution of the United States relating to the authority of Congress and the States to regulate contributions and expenditures intended to affect elections and to enact public financing systems for political campaigns.

This joint resolution proposes a constitutional amendment to explicitly empower Congress and the States to regulate the influence of money in elections. The amendment would allow for the imposition of reasonable, viewpoint-neutral limitations on the raising and spending of funds by candidates and other entities involved in influencing elections. Furthermore, it would grant authority to establish public campaign financing systems , including those designed to counteract the impact of private wealth by increasing public funding. A significant provision allows Congress and the States to distinguish between natural persons and artificial entities like corporations, potentially enabling the prohibition of spending by such entities to influence elections. This amendment aims to provide a clear constitutional basis for campaign finance reform, while explicitly stating that nothing in the article should be construed to abridge the freedom of the press.