IA 
112TH CONGRESS 
1ST SESSION 
H. J. RES. 22 
Proposing an amendment to the Constitution of the United States to prohibit 
the United States from owning stock in corporations. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 24, 2011 
Mr. TURNER (for himself, Mr. AKIN, Mr. ALEXANDER, Mr. AUSTRIA, Mrs. 
BACHMANN, Mr. BACHUS, Mr. BARTLETT, Mr. BILBRAY, Mr. BISHOP of 
Utah, Mrs. BLACKBURN, Mr. BOEHNER, Mr. BONNER, Mr. BOUSTANY, 
Mr. BROUN of Georgia, Mr. BURGESS, Mr. BURTON of Indiana, Mr. CAL-
VERT, Mr. CAMP, Mr. CANTOR, Mrs. CAPITO, Mr. CARTER, Mr. COBLE, 
Mr. COFFMAN of Colorado, Mr. CULBERSON, Mr. DAVIS of Kentucky, 
Mr. DIAZ-BALART, Mr. DUNCAN of South Carolina, Mr. DUNCAN of Ten-
nessee, Mr. FLAKE, Mr. FLEMING, Mr. FORBES, Mr. FRANKS of Arizona, 
Mr. GALLEGLY, Mr. GARRETT, Mr. GIBBS, Mr. GINGREY of Georgia, Mr. 
GOHMERT, Mr. GOODLATTE, Ms. GRANGER, Mr. GRAVES of Missouri, 
Mr. HALL, Mr. HELLER, Mr. HENSARLING, Mr. HERGER, Mr. HUNTER, 
Mr. SAM JOHNSON of Texas, Mr. JOHNSON of Illinois, Mr. JONES, Mr. 
KING of New York, Mr. KING of Iowa, Mr. KINGSTON, Mr. KLINE, Mr. 
LAMBORN, Mr. LANCE, Mr. LATOURETTE, Mr. LATTA, Mr. LEE of New 
York, Mr. LEWIS
of California, Mr. LONG, Mr. LUCAS, Mr. 
LUETKEMEYER, Mr. MANZULLO, Mr. MARCHANT, Mr. MCCAUL, Mr. 
MCCLINTOCK, Mr. MCKEON, Mr. MICA, Mr. GARY G. MILLER of Cali-
fornia, Mr. MILLER of Florida, Mrs. MYRICK, Mr. NEUGEBAUER, Mr. 
NUNES, Mr. OLSON, Mr. PENCE, Mr. PITTS, Mr. PLATTS, Mr. POE of 
Texas, Mr. POSEY, Mr. PRICE of Georgia, Mr. REHBERG, Mr. REICHERT, 
Mr. ROE of Tennessee, Mr. ROGERS of Kentucky, Mr. ROGERS of Ala-
bama, Mr. ROSS
of Florida, Mrs. SCHMIDT, Mr. SESSIONS, Mr. 
SHIMKUS, Mr. SHUSTER, Mr. STEARNS, Mr. TERRY, Mr. TIBERI, Mr. 
WALDEN, Mr. WESTMORELAND, Mr. WILSON of South Carolina, Mr. 
YOUNG of Florida, and Mr. YOUNG of Alaska) introduced the following 
joint resolution; which was referred to the Committee on the Judiciary 
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•HJ 22 IH 
JOINT RESOLUTION 
Proposing an amendment to the Constitution of the United 
States to prohibit the United States from owning stock 
in corporations. 
Resolved by the Senate and House of Representatives 
of the United States of America in Congress assembled (two- 
thirds of each House concurring therein), 
SECTION 1. SHORT TITLE. 
This joint resolution may be cited as the ‘‘Preserving 
Capitalism in America Amendment’’. 
SEC. 2. CONSTITUTIONAL AMENDMENT. 
That the following article is proposed as an amend-
ment to the Constitution of the United States, which shall 
be valid to all intents and purposes as part of the Con-
stitution when ratified by the legislatures of three-fourths 
of the several States within seven years after the date of 
its submission for ratification: 
‘‘ARTICLE — 
‘‘The United States shall not own, subscribe to, or 
otherwise have any interest in the stock or equity of any 
company, association or corporation: Provided, That the 
foregoing prohibition shall not apply to any investments 
through any pension funds.’’. 
Æ 
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