Florida Representative Ted Deutch has (or at least will shortly) introduced a bill that will create a Constitutional amendment to give the Occupy Wall Street protesters what they want (one of the things they want, anyway): it would deny corporations “personhood.”
‘‘SECTION 1. The rights protected by the Constitution
of the United States are the rights of natural persons and
do not extend to for-profit corporations, limited liability
companies, or other private entities established for busi-
ness purposes or to promote business interests under the
laws of any state, the United States, or any foreign state.
‘‘SECTION 2. Such corporate and other private enti-
ties established under law are subject to regulation by the
people through the legislative process so long as such regu-
lations are consistent with the powers of Congress and the
States and do not limit the freedom of the press.
‘‘SECTION 3. Such corporate and other private enti-
ties shall be prohibited from making contributions or ex-
penditures in any election of any candidate for public of-
fice or the vote upon any ballot measure submitted to the
‘‘SECTION 4. Congress and the States shall have the
power to regulate and set limits on all election contribu-
tions and expenditures, including a candidate’s own spend-
ing, and to authorize the establishment of political com-
mittees to receive, spend, and publicly disclose the sources
of those contributions and expenditures.’’
In case you don’t feel like reading all that, this amendment does 4 things.
- End corporate personhood and declare that the rights protected by the Constitution are extended EXCLUSIVELY to natural persons.
- Ensure that corporations, being formed under the law, are subject to the regulation and enforcing of the law that everyone else is. This does not limit the freedom of the press.
- Prohibit business corporations and 501(c)(6) entities from making any election contributions either to candidates or ballot measures.
- Give Congress and the States the power to regulate ALL election contributions and expenditures.
There’s a White House petition you can sign here if you’re into that sort of thing. Alternately, you can write or call your congressmen and tell them to vote for it.