,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #gdf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #bd1 #bjai,mr4 ,rask9 7= himself & ,ms4 ,spanb]g]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,h\se ,adm9i/ration ,a ,,bill ,to am5d ! ,f$]al ,election ,campaign ,act ( #aiga to apply ! ban on contributions & exp5ditures by =eign nationals "u su* ,act to =eign-controll$1 =eign-influ5c$1 & =eign-own$ dome/ic corporations1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,get ,=eign ,money ,out ( ,u4,s4 ,elections ,act4 #b4 ,application ( ban on contributions & exp5ditures by =eign nationals to dome/ic corporations1 limit$ liability corporations1 & p>tn]%ips t are =eign-controll$1 =eign-influ5c$1 & =eign-own$ 7a7 ,application ( ban ,section #cai7;b7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaba7;b77 is am5d$-- 7#a7 by /rik+ or at ! end ( p>agraph 7#a72 7#b7 by /rik+ ! p]iod at ! end ( p>agraph 7#b7 & ins]t+ 2 or2 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#c7 any corporation1 limit$ liability corporation1 or p>tn]%ip :i* is n a =eign national describ$ 9 p>agraph 7#a7 &-- 7,a7 9 :i* a =eign national describ$ 9 p>agraph 7#a7 or 7#b7 directly or indirectly owns or controls-- 7i7 #e p]c5t or m ( ! vot+ %>es1 if ! =eign national is a =eign c\ntry1 a =eign gov]nm5t (ficial1 or a corporation pr9cipally own$ or controll$ by a =eign c\ntry or =eign gov]nm5t (ficial2 or 7ii7 #bj p]c5t or m ( ! vot+ %>es1 if ! =eign national is n describ$ 9 clause 7i72 7,b7 9 :i* two or m =eign nationals describ$ 9 p>agraph 7#a7 or 7#b71 ea* ( :om owns or controls at lea/ #e p]c5t ( ! vot+ %>es1 directly or indirectly own or control #ej p]c5t or m ( ! vot+ %>es2 7,c7 ov] :i* "o or m =eign nationals describ$ 9 p>agraph 7#a7 or 7#b7 has ! p[] to direct1 dictate1 or control ! decisionmak+ process ( ! corporation1 limit$ liability corporation1 or p>tn]%ip ) respect to its int]e/s 9 ! ,unit$ ,/ates2 or 7,d7 ov] :i* "o or m =eign nationals describ$ 9 p>agraph 7#a7 or 7#b7 has ! p[] to direct1 dictate1 or control ! decisionmak+ process ( ! corporation1 limit$ liability corporation1 or p>tn]%ip ) respect to activities 9 connection ) a ,f$]al1 ,/ate1 or local election1 includ+-- 7i7 ! mak+ ( a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t = an electione]+ communication 7)9 ! mean+ ( section #cjd7;f77#c772 or 7ii7 ! adm9i/ration ( a political committee e/abli%$ or ma9ta9$ by ! corporation4 4 7b7 ,c]tification ( compliance ,section #cai ( su* ,act 7#eb ,u4,s4,c4 #cjaba7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7c7 ,c]tification ( compliance requir$ prior ,to c>ry+ out activity ,prior to ! mak+ 9 connection ) an election = ,f$]al (fice ( any contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t = an electione]+ communication by a corporation1 limit$ liability corporation1 or p>tn]%ip dur+ a ye>1 ! *ief executive (fic] ( ! corporation1 limit$ liability corporation1 or p>tn]%ip 7or1 if ! corporation1 limit$ liability corporation1 or p>tn]%ip does n h a *ief executive (fic]1 ! highe/ rank+ (ficial ( ! corporation1 limit$ liability corporation1 or p>tn]%ip71 %all file a c]tification ) ! ,commission1 "u p5alty ( p]jury1 t ! corporation1 limit$ liability corporation1 or p>tn]%ip is n prohibit$ f c>ry+ out su* activity "u subsection 7b77#c71 unless ! *ief executive (fic] has previ\sly fil$ su* a c]tification dur+ t cal5d> ye>4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all take effect ^u ! expiration ( ! #ahj-;day p]iod :i* beg9s on ! date ( ! enactm5t ( ?is ,act1 & %all take effect )\t reg>d to :e!r or n ! ,f$]al ,election ,commission has promulgat$ regulations to c>ry out su* am5dm5ts4 #c4 ,cl>ification ( application ( =eign money ban to c]ta9 disbursem5ts & activities 7a7 ,application to disbursem5ts to ,sup] ,p,a,cs ,section #cai7;a77#a77;,a7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaba7;a77#a77;,a77 is am5d$ by /rik+ ! semicolon & ins]t+ ! foll[+3 1 includ+ any disbursem5t to a political committee :i* accepts donations or contributions t d n comply ) ! limitations1 prohibitions1 & report+ requirem5ts ( ?is ,act 7or any disbursem5t to or on behalf ( any acc\nt ( a political committee :i* is e/abli%$ = ! purpose ( accept+ su* donations or contributions724 7b7 ,conditions "u :i* corporate ,p,a,cs may make contributions & exp5ditures ,section #caf7;b7 ( su* ,act 7#eb ,u4,s4,c4 #cjaah7;b77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,a sep>ate segregat$ fund e/abli%$ by a corporation may n make a contribution or exp5diture dur+ a ye> unless ! fund has c]tifi$ to ! ,commission ! foll[+ dur+ ! ye>3 7,a7 ,ea* individual :o manages ! fund1 & :o is responsible = ex]cis+ decisionmak+ au?ority = ! fund1 is a citiz5 ( ! ,unit$ ,/ates or is lawfully admitt$ = p]man5t resid5ce 9 ! ,unit$ ,/ates4 7,b7 ,no =eign national "u section #cai p>ticipates 9 any way 9 ! decisionmak+ processes ( ! fund ) reg>d to contributions or exp5ditures "u ?is ,act4 7,c7 ,! fund does n solicit or accept recomm5dations f any =eign national "u section #cai ) respect to ! contributions or exp5ditures made by ! fund4 7,d7 ,any memb] ( ! bo>d ( directors ( ! corporation :o is a =eign national "u section #cai ab/a9s f vot+ on matt]s conc]n+ ! fund or its activities4 4