Eliminating Foreign Political Influence: New Rules for Campaign Finance and Lobbying.
This law aims to increase transparency in US politics by restricting the flow of foreign money into elections. It introduces stricter definitions of foreign entities, including corporations with partial foreign ownership, and prohibits foreign-affiliated non-profit organizations from funding campaigns. For citizens, this means greater assurance that political decisions serve national interests rather than hidden foreign sponsors.
Key points
Corporations with 5% or more foreign ownership are now classified as foreign nationals and are banned from making political campaign contributions.
Foreign-affiliated non-profit organizations (501(c)(4) groups) are prohibited from contributing to Super PACs or making independent election expenditures.
Closing a loophole: Agents lobbying for foreign governments must now register under the Foreign Agents Registration Act (FARA), increasing transparency regarding their activities.
Higher civil penalties are introduced for FARA violations, and a dedicated enforcement unit is established within the Department of Justice to prosecute non-compliance.
Expired
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