IIA 110th CONGRESS 1st Session S. J. RES. 21 IN THE SENATE OF THE UNITED STATES October 18, 2007 Mr. Schumer (for himself, Mr. Specter, Mr. Cochran, and Mr. Harkin) introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary JOINT RESOLUTION Proposing an amendment to the Constitution of the United States relating to contributions and expenditures intended to affect elections.

That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission by the Congress: —

1.Congress shall have power to regulate the raising and spending of money, including through setting limits, for campaigns for nomination for election to, or for election to, Federal office.

2.A State shall have power to regulate the raising and spending of money, including through setting limits, for— (1)State or local ballot initiatives, referenda, plebiscites, or other similar ballot measures; and (2)campaigns for nomination for election to, or for election to, State or local office.

3.Congress shall have power to implement and enforce this article by appropriate legislation.

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