A joint resolution proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.

This joint resolution proposes a constitutional amendment authorizing Congress and the states to set reasonable limits on the raising and spending of money by candidates and others to influence elections.

The amendment grants Congress and the states the power to implement and enforce this amendment by legislation. They are allowed to distinguish between natural persons and corporations or other artificial entities created by law, including by prohibiting such entities from spending money to influence elections.

Bill 118 SJRes 45 is a joint resolution that proposes an amendment to the Constitution of the United States regarding contributions and expenditures that are meant to influence elections. The purpose of this resolution is to address concerns about the influence of money in politics and to ensure that elections are fair and free from undue influence.

The resolution aims to limit the amount of money that individuals and organizations can contribute to political campaigns and to regulate the amount of money that can be spent on political advertisements and other election-related activities. By doing so, the resolution seeks to reduce the influence of wealthy individuals and special interest groups in the political process and to promote transparency and accountability in elections.

If passed, this resolution would require a two-thirds majority vote in both the House of Representatives and the Senate, as well as ratification by three-fourths of the states. This process is intentionally difficult in order to ensure that any changes to the Constitution are carefully considered and have broad support. Overall, Bill 118 SJRes 45 represents an effort to address concerns about the role of money in politics and to strengthen the integrity of the electoral process in the United States.