Bill > S2966

This bill, called the Stop Secret Foreign Interference in Elections Act, amends the Federal Election Campaign Act to require certain organizations that accept donations from foreign nationals to disclose those donations. The bill defines a "covered 501(c) organization" as a tax-exempt organization (other than a 501(c)(3) charity) that has received over $2,000 in donations from foreign nationals during the election reporting cycle. These covered organizations must file disclosure statements with the Federal Election Commission if they make over $10,000 in "campaign-related disbursements" during the election cycle. The bill also imposes due diligence requirements on covered organizations to verify that their funds do not come from foreign nationals, and requires reporting of suspicious foreign contributions to various government agencies.

Budget and Finance

https://www.congress.gov/bill/115th-congress/senate-bill/2966/all-info