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.

IIA 117TH CONGRESS 1ST SESSION S. J. RES. 11 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. IN THE SENATE OF THE UNITED STATES MARCH 15, 2021 Mr. TESTER 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 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. Resolved by the Senate and House of Representatives 1 of the United States of America in Congress assembled 2 (two-thirds of each House concurring therein), That the fol- 3 lowing article is proposed as an amendment to the Con- 4 stitution of the United States, which shall be valid to all 5 intents and purposes as part of the Constitution when 6 VerDate Sep 11 2014 23:43 Mar 15, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\SJ11.IS SJ11 kjohnson on DSK79L0C42PROD with BILLS 2 •SJ 11 IS ratified by the legislatures of three-fourths of the several 1 States: 2 ‘‘ARTICLE — 3 ‘‘SECTION 1. The rights enumerated in this Constitu- 4 tion and other rights retained by the people shall be the 5 rights of natural persons. 6 ‘‘SECTION 2. As used in this Constitution, the terms 7 ‘people’, ‘person’, and ‘citizen’ shall not include a corpora- 8 tion, a limited liability company, or any other corporate 9 entity established by the laws of any State, the United 10 States, or any foreign state. 11 ‘‘SECTION 3. A corporate entity described in section 12 2 shall be subject to such regulation as the people, through 13 representatives in Congress and State representatives, 14 may determine reasonable, consistent with the powers of 15 Congress and the States under this Constitution. 16 ‘‘SECTION 4. Nothing in this article shall be con- 17 strued to limit the rights enumerated in this Constitution 18 and other rights retained by the people, which are 19 unalienable.’’. 20 Æ VerDate Sep 11 2014 23:43 Mar 15, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\SJ11.IS SJ11 kjohnson on DSK79L0C42PROD with BILLS