H.R. 2265, also known as the "No Foreign Election Interference Act," proposes changes to the Internal Revenue Code of 1986 to penalize tax-exempt organizations that contribute to political committees and receive contributions from foreign nationals. The bill mandates a penalty twice the...
Simple Explanation
The "No Foreign Election Interference Act" is a rule that says some big, special groups can't take money from people in other countries and then give it to people running for office in the U.S. If they do, they have to pay a big fine, and if they keep doing it, they might lose their special tax advantages.