By Bob Katzen
This bill creates a citizens’ commission to consider and recommend potential amendments to the U.S. Constitution to establish that corporations do not have the same constitutional rights as human beings and that corporations’ campaign contributions and expenditures may be regulated. Sponsors say they delivered more than 85,000 signatures.
The proposal is in response to the Supreme Court’s 2010 decision in Citizens United v. Federal Election Commission. In that decision, the court ruled that the First Amendment prohibits the government from restricting corporations, unions and individuals from donating unlimited funds to Super Political Action Committees (PACs) that do not donate directly to candidates or political parties.
“Since that decision, more than $46 billion from corporations, unions, the wealthy, super PACs, and it now appears, foreign intelligence operations, has been spent to influence the outcome of American elections,” says Jeff Clements, President of the sponsor American Promise. “The 28th Amendment is the only way to combat a corrupt political system dominated by money.”