Proposing an amendment to the Constitution of the United States to clarify the authority of Congress and the States to regulate corporations, limited liability companies, and other corporate entities established by the laws of any State, the United States, or any foreign state.

Bill 117 hjres 85 proposes an amendment to the Constitution of the United States that aims to clarify the authority of Congress and the States in regulating corporations, limited liability companies, and other corporate entities established by the laws of any State, the United States, or any foreign state.

The bill seeks to address the issue of corporate regulation, which has been a topic of debate and controversy in recent years. By amending the Constitution, the bill aims to provide clear guidelines on the extent of Congress and State authority in regulating these corporate entities.

If passed, this amendment would have significant implications for the business and legal landscape in the United States. It would likely impact how corporations are governed, how they conduct business, and how they are held accountable for their actions. Overall, Bill 117 hjres 85 represents an important step in clarifying the regulatory powers of Congress and the States in relation to corporations and other corporate entities. It will be interesting to see how this bill progresses through the legislative process and what impact it may have on the corporate world in the future.