Search Results for keywords:"foreign election interference"

Search Results: keywords:"foreign election interference"

H. R. 8314 — To amend the Internal Revenue Code of 1986 to impose penalties with respect to contributions to political committees from certain tax exempt organizations that receive contributions from foreign nationals.
May 08, 2024
Status:Introduced in House
Congress:118
Words:715
H.R. 8314, titled the “No Foreign Election Interference Act,” aims to amend the Internal Revenue Code to impose financial penalties on certain tax-exempt organizations that contribute to political committees if these organizations receive donations from foreign nationals. The...
Simple Explanation
H.R. 8314 wants to make sure that organizations that don't pay taxes can't secretly help people in other countries give money to politicians. If they do, they might have to pay back twice the money, and if they do it more than twice, they could lose their special tax status.
H. R. 8314 — To amend the Internal Revenue Code of 1986 to impose penalties with respect to contributions to political committees from certain tax exempt organizations that receive contributions from foreign nationals.
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September 06, 2024
Status:Reported in House
Congress:118
Words:1,010
The bill H.R. 8314, titled the “No Foreign Election Interference Act,” proposes changes to the Internal Revenue Code to discourage foreign influence in U.S. elections. It aims to impose penalties on certain tax-exempt organizations that receive contributions from foreign...
Simple Explanation
The bill wants to stop foreign money from affecting U.S. elections by punishing certain organizations if they get money from people in other countries and then give it to political groups in the U.S., even saying that after three times, they might lose their special tax status.

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