This joint resolution proposes a constitutional amendment aimed at advancing democratic self-government and protecting the integrity of the electoral process . It would empower both Congress and individual States to regulate and set reasonable limits on the raising and spending of money by candidates and other entities to influence elections. A key provision allows for distinguishing between natural persons and artificial entities created by law, such as corporations, potentially enabling the prohibition of election spending by these entities. Furthermore, the amendment explicitly states that it does not grant the power to abridge the freedom of the press , ensuring that media organizations retain their constitutional protections.