A joint resolution proposing an amendment to the Constitution of the United States with respect to the proposal and the enactment of laws by popular vote of the people of the United States.

Constitutional Amendment - Provides for enactment and repeal of laws by popular vote, except for the constitutional powers of Congress to declare war and execute laws. Excludes the right to propose constitutional amendments.

Requires an issue to be placed on the ballot in the next congressional election if a petition proposing enactment or repeal of a law is signed by a number of registered voters equal to three percent of the ballots cast in the last presidential election in each of one-quarter of the States.

Requires for passage that such proposal receive a majority of electoral votes.

Declares that no law passed by popular vote may be amended or repealed during the two-year period after enactment except by a two-thirds vote of each House of Congress.

Proscribes the enactment by the people of any law which is forbidden by the Constitution.