The text of the amendment may be found here or as written below:
https://uselectionatlas.org/FORUM/index.php?topic=60500.msg1266631#msg1266631
Expansion of Presidential Line Item Veto Power AmendmentArticle I, Section 3, Clause 4 of the Constitution shall be amended to read as follows:
Whensoever the Senate shall pass a bill and present it to the President, he shall have the option to redraft the bill and return it to the Senate in redrafted form. The President shall have this option once with each particular bill presented to him. The original sponsor of the bill, as so defined in Senate rules, shall either file a motion to approve the President’s redraft by a simple majority vote, and return it to the President for his signature or veto, or withdraw the bill from the Senate.
If the Senate approves the President's redraft by a simple majority vote, the redrafted bill shall be returned to the President for his signature or veto. If the Senate rejects the President's redraft, the original sponsor shall either file a motion to send the original draft of the bill back to the President for his signature or veto, or shall direct the Senate to resume debate on the bill as presented to the President.
Please start ratifying sessions as soon as possible.
Thank you.
Sen. Sam Spade, PPT