Proposing an amendment to the Constitution of the United States to prohibit the United States from owning stock in corporations.
Detailed Summary
Constitutional Amendment - Preserving Capitalism in America Amendment - Prohibits the United States from owning, subscribing to, or otherwise having any interest in the stock or equity of any company, association, or corporation, except for any public authority or any public use corporation, or any investments through any pension funds.
Status of the Legislation
Latest Major Action: 7/23/2009: Referred to House subcommittee. Status: Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Points in Favor
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Points Against
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Visitor Comments
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