Imposes Penalties for Foreign Donations to Political Committees
Imposes Penalties for Foreign Donations to Political Committees
IntroducedJuly 18, 2026
In House23 days ago
Intro
House
Senate
Pres
Waiting for a House floor vote.
It has cleared committee and can be brought up at any time, though no date is set.
TaxationAdministrative law and regulatory proceduresCharitable contributionsDepartment of the TreasuryElections, voting, political campaign regulationTax administration and collection, taxpayers
Why This Matters
This bill imposes penalties on political committees that accept contributions from foreign nationals and increases penalties for organizations that do so.
If you support fair elections, this bill penalizes organizations that accept foreign donations to political committees.
Who this affects
Political committees · Tax-exempt organizations
What changes is this bill making?
1Political committees that accept contributions from foreign nationals will face penalties.
2Organizations making such contributions will pay a penalty equal to twice the amount of the contribution.
3If an organization makes multiple disqualified contributions, penalties increase and tax-exempt status may be revoked for two years.
