My Proposed 28th Amendment to the Constitution

---

Amendment XXVIII
Economic Integrity and Incentive Accountability Amendment

Section 1.
Congress shall have the power to grant tax incentives, subsidies, or financial benefits to private or public entities only when such measures are supported by independent, verifiable evidence demonstrating a positive return on investment, measurable enhancement of national economic competitiveness, or advancement of the general welfare.

Section 2.
Any tax incentive, subsidy, or financial benefit enacted under Section 1 shall be limited in duration to a period not exceeding two (2) years from the date of enactment.

Section 3.
An independent, nonpartisan Board of Economic Examination shall be established by the president for the purpose of evaluating the effectiveness of such incentives. The Board shall consist of no fewer than nine (9) members with expertise in economics, finance, public policy, and free market theory, none of whom may hold elected office or be employed by a political party.

Section 4.
The Board shall, upon the conclusion of each incentive’s initial term, issue a public report evaluating the program’s performance based on measurable economic indicators, including but not limited to job creation, market competition, innovation output, and fiscal efficiency.

Section 5.
No tax incentive or subsidy shall be renewed unless the Board of Economic Examination has determined in writing that the program produced a net positive return on investment and remains consistent with the principles of a free market economy. Any renewal shall be for a period not to exceed two (2) years. No incentive may be renewed more than two (2) times without a two-thirds vote of both Houses of Congress and a public hearing.

Section 6.
Nothing in this Article shall be construed to permit the taking of private property for public use without just compensation, nor shall this Article abrogate or diminish any protections guaranteed under the Fifth Amendment.

Section 7.
Congress shall enact all necessary and proper legislation to carry this Article into effect within one (1) year of its ratification.

Section 8.
All tax incentives, subsidies, or financial benefits in effect at the time of this Article’s ratification shall be subject to review by the Board of Economic Examination within one (1) year. The Board shall evaluate each program’s return on investment and alignment with the principles outlined in Section 1. Programs found not to meet these criteria shall be scheduled for expiration or revision within one (1) year of the Board’s final report.