Preserving Capitalism in America Amendment
Latest action · Jul 23, 2009 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 23, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 104
Members who signed on, in the order they did. Signatures ran from Jun 23, 2009 to Dec 15, 2009; 101 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-FL | Bill Posey | Original | Jun 23, 2009 |
| R-PA | Bill Shuster | Original | Jun 23, 2009 |
| R-MO | Blaine Luetkemeyer | Original | Jun 23, 2009 |
| R-CA | Brian P. Bilbray | Original | Jun 23, 2009 |
| R-FL | C. W. Bill Young | Original | Jun 23, 2009 |
| R-LA | Charles W. Boustany, Jr. | Original | Jun 23, 2009 |
| R-NY | Christopher J. Lee | Original | Jun 23, 2009 |
| R-FL | Cliff Stearns | Original | Jun 23, 2009 |
| R-IN | Dan Burton | Original | Jun 23, 2009 |
| R-WA | David G. Reichert | Original | Jun 23, 2009 |
| R-TN | David P. Roe | Original | Jun 23, 2009 |
| R-NV | Dean Heller | Original | Jun 23, 2009 |
| R-MT | Denny Rehberg | Original | Jun 23, 2009 |
| R-CA | Devin Nunes | Original | Jun 23, 2009 |
| R-AK | Don Young | Original | Jun 23, 2009 |
| R-IL | Donald A. Manzullo | Original | Jun 23, 2009 |
| R-CO | Doug Lamborn | Original | Jun 23, 2009 |
| R-CA | Duncan Hunter | Original | Jun 23, 2009 |
| R-CA | Elton Gallegly | Original | Jun 23, 2009 |
| R-VA | Eric Cantor | Original | Jun 23, 2009 |
| R-WI | F. James Sensenbrenner, Jr. | Original | Jun 23, 2009 |
| R-OK | Frank D. Lucas | Original | Jun 23, 2009 |
| R-CA | Gary G. Miller | Original | Jun 23, 2009 |
| R-KY | Geoff Davis | Original | Jun 23, 2009 |
| R-FL | Ginny Brown-Waite | Original | Jun 23, 2009 |
| R-OR | Greg Walden | Original | Jun 23, 2009 |
| R-KY | Harold Rogers | Original | Jun 23, 2009 |
| R-NC | Howard Coble | Original | Jun 23, 2009 |
| R-CA | Howard P. "Buck" McKeon | Original | Jun 23, 2009 |
| R-SC | J. Gresham Barrett | Original | Jun 23, 2009 |
| R-VA | J. Randy Forbes | Original | Jun 23, 2009 |
| R-GA | Jack Kingston | Original | Jun 23, 2009 |
| R-OH | Jean Schmidt | Original | Jun 23, 2009 |
| R-TX | Jeb Hensarling | Original | Jun 23, 2009 |
| R-AZ | Jeff Flake | Original | Jun 23, 2009 |
| R-FL | Jeff Miller | Original | Jun 23, 2009 |
| R-CA | Jerry Lewis | Original | Jun 23, 2009 |
| R-AL | Jo Bonner | Original | Jun 23, 2009 |
| R-SC | Joe Wilson | Original | Jun 23, 2009 |
| R-OH | John A. Boehner | Original | Jun 23, 2009 |
| R-TX | John Abney Culberson | Original | Jun 23, 2009 |
| R-AZ | John B. Shadegg | Original | Jun 23, 2009 |
| R-AR | John Boozman | Original | Jun 23, 2009 |
| R-LA | John Fleming | Original | Jun 23, 2009 |
| R-TN | John J. Duncan, Jr. | Original | Jun 23, 2009 |
| R-MN | John Kline | Original | Jun 23, 2009 |
| R-FL | John L. Mica | Original | Jun 23, 2009 |
| R-GA | John Linder | Original | Jun 23, 2009 |
| R-TX | John R. Carter | Original | Jun 23, 2009 |
| R-IL | John Shimkus | Original | Jun 23, 2009 |
| R-PA | Joseph R. Pitts | Original | Jun 23, 2009 |
| R-TX | Kay Granger | Original | Jun 23, 2009 |
| R-CA | Ken Calvert | Original | Jun 23, 2009 |
| R-TX | Kenny Marchant | Original | Jun 23, 2009 |
| R-NE | Lee Terry | Original | Jun 23, 2009 |
| R-NJ | Leonard Lance | Original | Jun 23, 2009 |
| R-TX | Louie Gohmert | Original | Jun 23, 2009 |
| R-GA | Lynn A. Westmoreland | Original | Jun 23, 2009 |
| R-FL | Mario Diaz-Balart | Original | Jun 23, 2009 |
| R-IN | Mark E. Souder | Original | Jun 23, 2009 |
| R-TN | Marsha Blackburn | Original | Jun 23, 2009 |
| R-TX | Michael C. Burgess | Original | Jun 23, 2009 |
| R-TX | Michael T. McCaul | Original | Jun 23, 2009 |
| R-MN | Michele Bachmann | Original | Jun 23, 2009 |
| R-CO | Mike Coffman | Original | Jun 23, 2009 |
| R-IN | Mike Pence | Original | Jun 23, 2009 |
| R-AL | Mike Rogers | Original | Jun 23, 2009 |
| R-OH | Patrick J. Tiberi | Original | Jun 23, 2009 |
| R-GA | Paul C. Broun | Original | Jun 23, 2009 |
| R-TX | Pete Olson | Original | Jun 23, 2009 |
| R-TX | Pete Sessions | Original | Jun 23, 2009 |
| R-MI | Peter Hoekstra | Original | Jun 23, 2009 |
| R-NY | Peter T. King | Original | Jun 23, 2009 |
| R-GA | Phil Gingrey | Original | Jun 23, 2009 |
| R-TX | Ralph M. Hall | Original | Jun 23, 2009 |
| R-TX | Randy Neugebauer | Original | Jun 23, 2009 |
| R-UT | Rob Bishop | Original | Jun 23, 2009 |
| R-OH | Robert E. Latta | Original | Jun 23, 2009 |
| R-LA | Rodney Alexander | Original | Jun 23, 2009 |
| R-MD | Roscoe G. Bartlett | Original | Jun 23, 2009 |
| R-MO | Sam Graves | Original | Jun 23, 2009 |
| R-TX | Sam Johnson | Original | Jun 23, 2009 |
| R-NJ | Scott Garrett | Original | Jun 23, 2009 |
| R-WV | Shelley Moore Capito | Original | Jun 23, 2009 |
| R-AL | Spencer Bachus | Original | Jun 23, 2009 |
| R-OH | Steve Austria | Original | Jun 23, 2009 |
| R-IA | Steve King | Original | Jun 23, 2009 |
| R-OH | Steven C. LaTourette | Original | Jun 23, 2009 |
| R-NC | Sue Wilkins Myrick | Original | Jun 23, 2009 |
| R-TX | Ted Poe | Original | Jun 23, 2009 |
| R-PA | Todd Russell Platts | Original | Jun 23, 2009 |
| R-KS | Todd Tiahrt | Original | Jun 23, 2009 |
| R-OK | Tom Cole | Original | Jun 23, 2009 |
| R-CA | Tom McClintock | Original | Jun 23, 2009 |
| R-GA | Tom Price | Original | Jun 23, 2009 |
| R-AZ | Trent Franks | Original | Jun 23, 2009 |
| R-NC | Virginia Foxx | Original | Jun 23, 2009 |
| R-MO | W. Todd Akin | Original | Jun 23, 2009 |
| R-CA | Wally Herger | Original | Jun 23, 2009 |
| R-NC | Walter B. Jones | Original | Jun 23, 2009 |
| R-TN | Zach Wamp | Original | Jun 23, 2009 |
| R-IL | Timothy V. Johnson | Jun 24, 2009 | |
| R-MI | Dave Camp | Jun 26, 2009 | |
| R-VA | Bob Goodlatte | Dec 15, 2009 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred Jun 23, 2009 |
| Constitution and Limited Government Subcommittee | Referred Jul 23, 2009 |
Actions 4
Everything that happened, newest first.
- Jul 23, 2009Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
- Jun 25, 2009Sponsor introductory remarks on measure. (CR H7256)
- Jun 23, 2009Introduced in House
- Jun 23, 2009Referred to the House Committee on the Judiciary.
In the Congressional Record 1
Days the Record’s own index lists this resolution, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H7256 | Michael R. Turner R-OH | Jun 25, 2009 |
Research
What has been written about this resolution: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this resolution, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 111-41 | BANK OF AMERICA AND MERRILL LYNCH: HOW DID A PRIVATE DEAL TURN INTO A FEDERAL BAILOUT? PART II146 pages | Oversight and Government Reform Committee | Jun 25, 2009 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- Proposing an amendment to the Constitution of the United States to prohibit the United States from owning stock in corporations.
- Short Titles as Introduced
- Preserving Capitalism in America Amendment
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 1
Each version as it was printed, newest first.
- Jun 23, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.