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Federal Campaign Finance Limits and Corporate Spending Ban Proposed

This proposed constitutional amendment aims to curb the influence of large money in federal elections by setting limits on individual contributions and completely prohibiting corporate spending. Citizens can expect their vote to carry more weight, and politicians to be more reliant on public support rather than large donors. These changes are intended to enhance political equality and the integrity of the electoral process.
Key points
Individual contributions to federal campaigns limited to $100 annually, and total campaign spending to $1,000 annually.
Corporations and other legal entities will be prohibited from spending money to influence federal elections.
Congress must establish a public campaign financing system for all qualified federal candidates, covering at least 80% of allowed spending.
Unspent campaign funds must be remitted to the Treasury after each election.
States will be allowed to set reasonable limits on campaign contributions and spending in state and local elections.
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Status:
Introduced
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Additional Information
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.
Print number: HJRES 119
Sponsor: Rep. McGovern, James P. [D-MA-2]
Process start date: 2025-09-10