Get Foreign Money Out of United States Elections Act

This bill would expand the federal ban on election spending by foreign nationals to cover U.S. businesses with certain foreign ownership or control. A business would be covered if one foreign national outside the U.S. owns 1 percent or more, if several foreign nationals together own 5 percent or more, or if foreign nationals can direct its decisions about U.S. interests or election activity. Within 7 days of any election spending, a business's chief executive would have to certify to the Federal Election Commission, under penalty of perjury, that the business was not a foreign national. The ban would also cover state and local ballot initiatives, referendums, and recall elections, plus donations to political committees that accept unlimited funds. Corporate political action committees would have to certify each year that foreign nationals do not take part in their spending decisions.

Full text and official record on Congress.gov

Sponsors

• Jamie Raskin Democrat sponsor
• 81 cosponsors