Get Foreign Money Out of U.S. Elections Act
- Last Action
- 1/24/2019
Actions
- 2019-01-24Referred to the House Committee on House Administration.
- 2019-01-24Introduced in House
- 2019-01-24Introduced in House
CRS Summary
As of 2019-01-24 (00)
Get Foreign Money Out of U.S. Elections Act
This bill bans campaign contributions and expenditures by corporations, limited liability corporations, and partnerships that are controlled, influenced, or owned by foreign nationals.
The bill prohibits foreign nationals and such corporations, limited liability corporations, and partnerships from making disbursements to political committees that accept donations or contributions that do not comply with the limitations, prohibitions, and reporting requirements of the Federal Election Campaign Act of 1971.
Corporate political action committees may make contributions and expenditures only if they comply with limitations on the involvement of foreign nationals and such corporations, limited liability corporations, and partnerships.
Cosponsors (5)
- Abigail Spanberger (D-VA)
- Jared Golden (D-ME)
- Mark DeSaulnier (D-CA)
- Theodore Deutch (D-FL)
- ELEANOR NORTON (D-DC)
Subjects
- Business ethics
- Corporate finance and management
- Elections, voting, political campaign regulation
- Foreign and international corporations
- U.S. and foreign investments
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.