Rollover any line of text to comment and/or link to it.
HR 4523 IH
111th CONGRESS
2d Session
H. R. 4523
To amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals to domestic corporations whose shareholders include any foreign principals.
IN THE HOUSE OF REPRESENTATIVES
January 26, 2010
Mr. PERRIELLO introduced the following bill; which was referred to the Committee on House Administration
A BILL
To amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals to domestic corporations whose shareholders include any foreign principals.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
SEC. 2. APPLICATION OF BAN ON CONTRIBUTIONS AND EXPENDITURES BY FOREIGN NATIONALS TO DOMESTIC CORPORATIONS WITH FOREIGN SHAREHOLDERS.
Section 319(b) of the Federal Election Campaign Act of 1971 (2 U.S.C. 441e(b)) is amended--
(1) by striking ‘or’ at the end of paragraph (1);
(2) by striking the period at the end of paragraph (2) and inserting ‘; or’; and
(3) by adding at the end the following new paragraph:
‘(3) a corporation (other than a foreign principal, as so defined) whose shareholders include one or more foreign principals.’.
U.S. Congress - Text of H.R.4523 as Introduced in House Save Our Democracy From Foreign Influence Act of 2010
