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.