Bill > HF3405

This bill prohibits foreign-influenced corporations from making political contributions, expenditures, or endorsements, and requires corporations making such activities to certify they are not foreign-influenced. It also prohibits candidates from accepting contributions from foreign-influenced corporations. The bill defines a "foreign-influenced corporation" as one where a single foreign owner has 1% or more ownership, or multiple foreign owners have 5% or more ownership, or a foreign investor participates in the corporation's political decision-making. Violations of these provisions can result in civil and criminal penalties.