A joint resolution 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 grant Congress and the States the authority to regulate campaign finance. This includes the power to impose reasonable viewpoint-neutral limitations on the raising and spending of money by candidates and others to influence elections, as well as to enact public campaign financing systems . Such systems could be designed to restrict the influence of private wealth by offsetting private spending with increased public funding. The amendment also permits distinguishing between natural persons and corporations or other artificial entities in these regulations, even allowing for prohibitions on spending by such entities to influence elections, while explicitly stating it does not abridge the freedom of the press .