,i #aafth ,,congress #ast ,session ,h4 ,r4 #gjc ,,in ,,the ,,house ,,of ,,representatives ,january #bb1 #bjai,mr4 ,conaway introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to make public the names and addresses of foreign persons contributing #ej1jjj or more to certain tax-exempt organizations and to require disclosure of foreign campaign contributions4 #a4 ,short title ,this ,act may be cited as the ,uncovering ,foreign ,influence in the ,united ,states ,act of #bjai4 #b4 ,public availability of #eja7;c77#c7 annual return information relating to foreign person contributions 7a7 ,secretary ,section #fajd7;b7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking #eji7;a7 or and inserting #eji7;a712 7#b7 by inserting 1 or as provided in the last sentence of this subsection after under section #ebg2 and 7#c7 by adding at the end the following3 ,organizations described in section #eja7;c77#c7 shall make available to the public in the same manner as information under the first sentence of this subsection the name and address of each foreign person 7as defined in subsection 7d77#c77;,c77 who contributed #ej1jjj or more to the organization for the taxable year44 7b7 ,organization ,section #fajd7;d77#c7 of such ,code is amended by adding at the end the following new subparagraph3 7,c7 ,disclosure of certain contributions from foreign persons 7i7 ,in general ,subparagraph 7,a7 shall not apply in the case of the name and address of a foreign person required under the last sentence of subsection 7b7 to be made available to the public4 7ii7 ,foreign person ,for purposes of this subsection1 the term foreign person means-- 7,i7 any person who is not a ,united ,states person 7as defined in section #ggja7;a77#cj71 7,,ii7 any foreign government or foreign governmental entity 7or any entity owned by1 controlled by1 or consisting of one or more thereof71 or 7,,iii7 any corporation which is foreign owned 7within the meaning of section #bfi;,b7e77#b774 ,such term shall include such partnerships1 trusts1 associations1 estates1 or other forms of carrying on a business or activity as the ,secretary shall by regulation prescribe based on rules similar to the rules of subparagraph 7,a77iii74 7iii7 ,coordination with reporting relating to contributions made through intermediaries ,for purposes of this subparagraph and the last sentence of subsection 7b71 any foreign person with respect to whom a written statement is furnished to the organization under section #fjej,x7c7 shall be treated as having made to the organization the contribution to which such statement relates4 4 7c7 ,effective date ,the amendments made by this section shall apply to returns for taxable years beginning after ,december #ca1 #bjah4 #c4 ,reporting requirements for foreign contributions to #eja7;c77#c7 organizations through intermediaries 7a7 ,in general ,subpart ,b of part ,,iii of subchapter ,a of chapter #fa of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new section3 #fjej,x4 ,returns relating to foreign contributions to #eja7;c77#c7 organizations through intermediaries 7a7 ,in general ,a return shall be made by any person who as an intermediary makes a contribution on behalf of a foreign person to an applicable exempt organization with the reasonable expectation that in connection with such contribution such organization will perform policy analysis for the benefit of such foreign person4 7b7 ,form and manner of return ,such return shall-- 7#a7 be made at such time and in such form and manner as the ,secretary shall prescribe1 and 7#b7 contain the name and address of the foreign person and the amount of the contribution to which such return relates4 7c7 ,statement shall be furnished to organization ,every person required to make a return under subsection 7a7 with respect to a contribution shall furnish to the organization to which such contribution was made a written statement showing-- 7#a7 the information required to be shown on the return under subsection 7a71 and 7#b7 the name and address of the person required to make such return4 7d7 ,definitions ,for purposes of this section-- 7#a7 ,foreign person ,the term foreign person has the meaning given such term by section #fajd7;d77#c77;,c77ii74 7#b7 ,applicable exempt organization ,the term applicable exempt organization means an organization described in section #eja7;c77#c7 and exempt from tax under section #eja7;a74 4 7b7 ,clerical amendment ,the table of sections for subpart ,b of part ,,iii of subchapter ,a of chapter #fa of such ,code is amended by adding at the end the following new item3 ,sec4 #fjej,x4 ,returns relating to foreign contributions to #eja7;c77#c7 organizations through intermediaries4 4 7c7 ,effective date ,the amendments made by this section shall apply to contributions made after ,december #ca1 #bjah4 #d4 ,imposition of tax on undisclosed foreign contributions 7a7 ,in general ,subtitle ,d of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new chapter3 #ej;,a ,foreign ,contributions ,sec4 #ejjj;,d4 ,imposition of tax on undisclosed foreign contributions4 #ejjj;,d4 ,imposition of tax on undisclosed foreign contributions 7a7 ,imposition of tax ,in the case of a ,united ,states person who makes an applicable foreign-source political contribution and fails to disclose such contribution during the #cj-;day period beginning on the date such contribution was made1 there is hereby imposed on any such failure a tax equal to the applicable percentage of the amount of such contribution4 7b7 ,applicable percentage ,for purposes of this section1 the applicable percentage shall be #aj percent1 increased by #aj percentage points 7but not to more than #ajj percent7 for each subsequent #cj-;day period 7or fraction thereof7 thereafter during which such failure continues4 7c7 ,applicable foreign-,source political contribution ,for purposes of this section1 the term applicable foreign-source political contribution means any contribution directly or indirectly for the benefit of a candidate for ,federal1 ,state1 or local elected office in the ,united ,states which is made on behalf of1 or is funded by1 a person other than a ,united ,states person or bona fide resident 7as defined in section #icg7;a77 of a possession of the ,united ,states4 7d7 ,form and manner of disclosure ,the disclosure required under subsection 7a7 shall be made to the ,secretary1 and shall be made publicly available1 in such form and manner as the ,secretary shall prescribe4 ,such disclosure shall include the amount of the contribution and shall identify on whose behalf such contribution was made4 4 7b7 ,clerical amendment ,the table of chapters for subtitle ,d of such ,code is amended by adding at the end the following new item3 ,chapter #ej;,a4 ,foreign ,contributions 4 7c7 ,effective date ,the amendments made by this section shall apply to contributions made after ,december #ca1 #bjah4