H. R. 8293, known as the “American Donor Privacy and Foreign Funding Transparency Act,” proposes changes to the Internal Revenue Code of 1986. It requires tax-exempt organizations to publicly report any contributions they receive from foreign sources, detailing the amounts...
Simple Explanation
The bill wants to make sure people and places giving money to special groups from outside the country are shared in a public list, but they also want to keep the names of the people giving money a secret unless there's a good reason to share it. If someone breaks this rule, they might have to pay a lot of money or go to jail.