IA 
111TH CONGRESS 
1ST SESSION 
H. J. RES. 57 
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 
JUNE 23, 2009 
Mr. TURNER (for himself, Mr. LATOURETTE, Mr. PITTS, Mr. BARTLETT, Mr. 
SHADEGG, Mr. BROUN of Georgia, Mr. PRICE of Georgia, Mr. BISHOP 
of Utah, Mr. KING of Iowa, Mr. GINGREY of Georgia, Mr. POSEY, Mr. 
FRANKS of Arizona, Mr. BONNER, Mr. GOHMERT, Mr. SAM JOHNSON of 
Texas, Mrs. BLACKBURN, Mr. TIAHRT, Mr. LATTA, Mr. HELLER, Mr. 
ROGERS of Alabama, Mr. LEE of New York, Mr. MILLER of Florida, Mr. 
GARRETT of New Jersey, Mr. WESTMORELAND, Mr. MARCHANT, Mr. 
GARY G. MILLER of California, Mr. CALVERT, Mr. GALLEGLY, Mr. 
REHBERG, Mr. ALEXANDER, Mrs. SCHMIDT, Mr. PENCE, Mr. BURTON 
of Indiana, Mr. SOUDER, Mr. BOOZMAN, Mr. DAVIS of Kentucky, Mr. 
SENSENBRENNER, Mr. PLATTS, Mr. LINDER, Mr. WAMP, Mr. AKIN, Mr. 
KINGSTON, Mr. MARIO DIAZ-BALART of Florida, Mr. MCKEON, Mr. 
KLINE of Minnesota, Mrs. CAPITO, Mr. TERRY, Mr. BACHUS, Mr. 
LAMBORN, Mr. ROE of Tennessee, Mr. FLEMING, Mr. CULBERSON, Mr. 
YOUNG of Alaska, Mr. TIBERI, Mr. STEARNS, Mr. YOUNG of Florida, Mr. 
HUNTER, Mr. SHUSTER, Mr. POE of Texas, Mr. MICA, Mr. COFFMAN of 
Colorado, Mr. LUETKEMEYER, Mr. KING of New York, Mr. BARRETT of 
South Carolina, Mr. COLE, Mr. SESSIONS, Mr. OLSON, Mr. HALL of 
Texas, Mr. FORBES, Mr. AUSTRIA, Mr. REICHERT, Mr. WILSON of South 
Carolina, Mr. ROGERS of Kentucky, Mr. JONES, Mr. BOEHNER, Mr. 
BOUSTANY, Mr. DUNCAN, Ms. FOXX, Mr. SHIMKUS, Mr. HERGER, Mr. 
HOEKSTRA, Mr. MANZULLO, Mr. BURGESS, Mr. LEWIS of California, Mr. 
FLAKE, Mr. LUCAS, Mr. CARTER, Ms. GRANGER, Mr. WALDEN, Mr. 
LANCE, Mr. HENSARLING, Ms. GINNY BROWN-WAITE of Florida, Mrs. 
MYRICK, 
Mr. 
COBLE, 
Mr. 
MCCLINTOCK, 
Mr. 
BILBRAY, 
Mr. 
NEUGEBAUER, Mr. NUNES, Mr. MCCAUL, Mrs. BACHMANN, Mr. GRAVES, 
and Mr. CANTOR) introduced the following joint resolution; which was re-
ferred to the Committee on the Judiciary 
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•HJ 57 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’’ 
SECTION 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 public author-
ity or to any public use corporation, or to any investments 
through any pension funds.’’. 
Æ 
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