Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

H.R. 8314, No Foreign Election Interference Act (CBO Report for Congress)

Premium   Download PDF Now (2 pages)
Congress 118th
Date Requested May 15, 2024
Requested By House Committee on Ways and Means
Date Sent May 31, 2024
Description:
H.R. 8314 would prohibit tax-exempt entities from making any contribution to a political committee, or any group of people that receives more than $1,000 in contributions or makes more than $1,000 in expenditures during a calendar year, for eight years from the date such entity received a contribution or gift from a foreign national. The bill also would establish a penalty equal to twice the amount of such prohibited contributions and would revoke the tax-exemption for entities making three such contributions.

« Return to search CBO reports