,i #aacth ,,congress #ast ,session ,h4 ,r4 #aaag ,,in ,,the ,,house ,,of ,,representatives ,march #ac1 #bjac ,mr4 ,grayson introduced the following bill2 which was referred to the ,committee on ,house ,administration ,a ,,bill ,to amend the ,federal ,election ,campaign ,act of #aiga to apply the ban on contributions and expenditures by foreign nationals to domestic corporations in which foreign principals have an ownership interest4 #a4 ,short ,title2 ,findings 7a7 ,short ,title ,this ,act may be cited as the ,america is for ,americans ,act4 7b7 ,findings ,congress finds the following3 7#a7 ,the ,government has a compelling interest in preventing foreign individuals and associations from influencing our ,nation's political process4 ,such entities neither enjoy nor deserve any legal or constitutional right to such influence4 7#b7 ,the presence of foreign individuals or associations within domestic associations1 to any degree1 creates an unacceptable risk of foreign influence over our ,nation's political process4 7#c7 ,the law does not allow foreign individuals and associations to vote in our elections2 by the same token1 the law should not allow them to exercise any influence over our ,nation's political process1 directly or indirectly1 and neither personally nor in alliance or combination with others4 #b4 ,application of ,ban on ,contributions and ,expenditures by ,foreign ,nationals to ,domestic ,corporations ,with ,foreign ,ownership ,section #cai7;b7 of the ,federal ,election ,campaign ,act of #aiga 7#b ,u4,s4,c4 #dda;e7b77 is amended-- 7#a7 by striking or at the end of paragraph 7#a72 7#b7 by striking the period at the end of paragraph 7#b7 and inserting 2 or2 and 7#c7 by adding at the end the following new paragraph3 7#c7 a corporation 7other than a foreign principal1 as so defined7 in which one or more foreign principals directly or indirectly has an ownership interest4 4