If this bill were to become law, it would introduce a new concurrent memorial urging the U.S. Congress to amend the Constitution. This amendment would specifically empower states to regulate and limit campaign finance, which is not currently permitted under existing federal law.

The current statutes would remain unchanged, as the bill does not delete any existing language but rather adds a new section that emphasizes the need for state-level regulation of campaign finance. This insertion reflects a growing concern over the influence of money in politics and seeks to provide states with the authority to impose their own campaign finance regulations.