,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #bbfe  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ba1 #bjbe,ms4
 ,malliotakis 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 impose penalties with
 respect to contributions to political  
committees from certain tax exempt      
organizations that receive contributions
 from foreign nationals4  #a4 ,short    
title ,this ,act may be cited as the ,no
 ,foreign ,election ,interference ,act4 
#b4 ,penalties with respect to          
contributions to political committees   
from certain tax exempt organizations   
that accept contributions from foreign  
nationals  7a7 ,in general ,part ,i of  
subchapter ,b of chapter #fh of the     
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new section3  #fgbj;,d4       
,contributions to political committees  
from certain tax exempt organizations   

that accept contributions from foreign  
nationals  7a7 ,in general ,any         
specified tax exempt organization that  
makes any disqualified political        
committee contribution shall pay a      
penalty equal to twice the amount of    
such contribution4  7b7 ,disqualified   
political committee contribution ,for   
purposes of this section--  7#a7 ,in    
general ,the term disqualified political
 committee contribution means1 with     
respect to any organization described in
 section #eja7;c71 any contribution made
 by such organization to a political    
committee 7as defined in section #cja of
 the ,federal ,election ,campaign ,act  
of #aiga 7#eb ,u4,s4,c4 #cjaja77 if such
 organization received1 during any      
testing period1 any contribution or gift
 7within the meaning of section         
#fjcc7;b77#e77 from a foreign national  
7as defined in section #cai7;b7 of the  
,federal ,election ,campaign ,act of    
#aiga 7#eb ,u4,s4,c4 #cjaba7;b7774  7#b7
 ,testing period ,the term testing      

period means1 with respect to any       
contribution by an organization         
described in section #eja7;c71 the      
#h-year period ending on the date of    
such contribution1 except that such     
period shall not include any period     
before the date of the enactment of this
 section4  7c7 ,specified tax exempt    
organization ,for purposes of this      
section-- 7#a7 ,in general ,the term    
specified tax exempt organization means1
 with respect to any taxable year1 any  
organization described in section       
#eja7;c7 and exempt from tax under      
section #eja7;a7 if--  7,a7 the gross   
receipts of such organization for such  
taxable year equal or exceed #bjj1jjj1  
or  7,b7 the assets of such organization
 7determined as of the close of such    
taxable year7 equal or exceed #ejj1jjj4 
7#b7 ,coordination with revocation of   
tax exempt status by reason of making   
disqualified political committee        
contributions ,an organization which is 
not exempt from tax under section       

#eja7;a7 solely by reason of section    
#eja7s7 shall be treated for purposes of
 paragraph 7#a7 of this subsection as   
exempt from tax under section #eja7;a7  
with respect to the application of this 
section to the first #c disqualified    
political committee contributions of    
such organization4  4  7b7 ,revocation  
of exempt status upon third disqualified
 political committee contribution       
,section #eja of the ,internal ,revenue 
,code of #aihf is amended by adding at  
the end the following new subsection3   
7s7 ,revocation of exempt status of     
certain organizations that accept       
contributions from foreign nationals and
 make contributions to political        
committees ,any organization described  
in subsection 7c7 which makes more than 
#b disqualified political committee     
contributions 7as defined in section    
#fgbj;,d7b77 shall not be exempt from   
taxation under subsection 7a7 for any   
taxable year ending on or after the date
 of the third such contribution4  4  7c7

 ,clerical amendment ,the table of      
sections for part ,i of subchapter ,b of
 chapter #fh of such ,code is amended by
 adding at the end the following new    
item3  ,sec4 #fgbj;,d4 ,contributions to
 political committees from certain tax  
exempt organizations that accept        
contributions from foreign nationals4  4
  7d7 ,effective date ,the amendments   
made by this subsection shall apply with
 respect to contributions made on or    
after ,january #a1 #bjbf1 by            
organizations described in section      
#eja7;c7 of the ,internal ,revenue ,code
 of #aihf4