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Limits on Campaign Contributions and Corporate Spending Ban

A proposed amendment to the U.S. Constitution aims to limit the influence of money in federal elections. Citizens would be able to contribute smaller amounts to campaigns, and corporations would be prohibited from funding politicians. This is intended to increase equality in the electoral process and ensure that every citizen's vote carries more weight.
Key points
Limiting individual federal campaign contributions to $100 per candidate and $1000 in total per year.
Total ban on spending by corporations and other legal entities in federal elections.
Mandatory public financing for all qualified federal candidates, covering at least 80% of allowed expenses.
States allowed to set reasonable limits on contributions and spending in state and local elections.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_78
Sponsor: Rep. McGovern, James P. [D-MA-2]
Process start date: 2023-06-22
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Proposing an amendment to the Constitution of the United States to set limits on Federal campaign contributions and spending, prohibit corporate spending in the political process, require Congress to develop a system of public campaign financing for all Federal candidates who qualify for the ballot, and allow the States to set reasonable limits on campaign contributions and spending in State and local elections, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HJRES_78.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-06-22.

What are the main provisions?

Key points include:

  • Limiting individual federal campaign contributions to $100 per candidate and $1000 in total per year.
  • Total ban on spending by corporations and other legal entities in federal elections.
  • Mandatory public financing for all qualified federal candidates, covering at least 80% of allowed expenses.
  • States allowed to set reasonable limits on contributions and spending in state and local elections.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McGovern, James P. [D-MA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Judiciary.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Courts and Law Economy