H.J.Res. 57 · 111th Congress · 2009–2010
Preserving Capitalism in America Amendment
H.J.Res. 57 in the 111th Congress (2009–2010) was introduced on Jun 23, 2009, sponsored by Michael R. Turner with 104 co-sponsors.
During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jun 23, 2009
- Co-sponsors
- 104
- Policy area
- Government Operations and Politics
What it does
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.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Michael R. Turner (R-OH). Co-sponsors: 104 Republicans.
Where it stands
- IntroducedJun 23, 2009
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. (Jul 23, 2009)
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Committees
- Judiciary Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.J.Res. 57 (111th Congress): Preserving Capitalism in America…,” https://www.capitolreceipts.com/bill/111-hjres-57/preserving-capitalism-in-america-amendment (accessed 2026-10-17).