0
0

A joint resolution 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.

12/15/2023, 4:05 PM

Summary of Bill SJRES 3

Bill 118 SJRes 3 is a joint resolution that aims to propose an amendment to the Constitution of the United States. The main goal of this amendment is to clarify the authority of both Congress and the States in regulating corporations, limited liability companies, and other corporate entities that are established by the laws of any State, the United States, or any foreign state.

The resolution seeks to address any ambiguity or confusion surrounding the powers of Congress and the States when it comes to regulating these corporate entities. By clearly defining the authority of both levels of government, the resolution aims to ensure that there is a clear and consistent framework for regulating corporations and other corporate entities across the country.

Overall, Bill 118 SJRes 3 is focused on ensuring that there is a clear and effective system in place for regulating corporations and other corporate entities, and that both Congress and the States have the necessary authority to do so.

Congressional Summary of SJRES 3

This joint resolution proposes a constitutional amendment declaring that (1) the rights enumerated in the Constitution and other rights retained by the people are the rights of natural persons; (2) the terms "people," "person," and "citizen" as used in the Constitution do not include corporate entities; and (3) corporate entities are subject to such regulation as the people, through representatives in Congress and state representatives, may determine reasonable, consistent with the powers of Congress and the states.

Current Status of Bill SJRES 3

Bill SJRES 3 is currently in the status of Bill Introduced since January 23, 2023. Bill SJRES 3 was introduced during Congress 118 and was introduced to the Senate on January 23, 2023.  Bill SJRES 3's most recent activity was Read twice and referred to the Committee on the Judiciary. as of January 23, 2023

Bipartisan Support of Bill SJRES 3

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill SJRES 3

Primary Policy Focus

Civil Rights and Liberties, Minority Issues

Potential Impact Areas

- Constitution and constitutional amendments
- Corporate finance and management
- Elections, voting, political campaign regulation
- First Amendment rights
- Political advertising

Alternate Title(s) of Bill SJRES 3

A joint resolution 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.
A joint resolution 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.

Comments