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.
Summary
House Joint Resolution 85 proposes an amendment to the U.S. Constitution that would establish that constitutional rights belong only to "natural persons" (human beings) rather than corporations or other legal entities. Under this amendment, the terms "people," "person," and "citizen" used in the Constitution would no longer apply to corporate bodies, effectively clarifying that these entities do not possess the same inherent rights as individuals.
For citizens, the practical impact of this bill would be to grant Congress and state legislatures broader authority to regulate the activities of corporations and limited liability companies. This would specifically allow for more direct government oversight and regulation of corporate actions, including their role in political spending and elections, without those regulations being challenged on the basis of corporate constitutional rights.