,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #bbfe  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ba1 #bjbe,ms4   
,malliotakis introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to impose p5alties
 ) respect to contributions to political
 committees f c]ta9 tax exempt          
organizations t receive contributions f 
=eign nationals4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,no ,=eign         
,election ,int]f]5ce ,act4  #b4         
,p5alties ) respect to contributions to 
political committees f c]ta9 tax exempt 
organizations t accept contributions f  
=eign nationals  7a7 ,9 g5]al ,"p ,i (  
sub*apt] ,b ( *apt] #fh ( ! ,int]nal    
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new section3          
#fgbj;,d4 ,contributions to political   
committees f c]ta9 tax exempt           
organizations t accept contributions f  
=eign nationals  7a7 ,9 g5]al ,any      
specifi$ tax exempt organization t makes

 any disqualifi$ political committee    
contribution %all pay a p5alty equal to 
twice ! am\nt ( su* contribution4  7b7  
,disqualifi$ political committee        
contribution ,= purposes ( ?is section--
  7#a7 ,9 g5]al ,! t]m disqualifi$      
political committee contribution means1 
) respect to any organization describ$ 9
 section #eja7;c71 any contribution made
 by su* organization to a political     
committee 7z def9$ 9 section #cja ( !   
,f$]al ,election ,campaign ,act ( #aiga 
7#eb ,u4,s4,c4 #cjaja77 if su*          
organization receiv$1 dur+ any te/+     
p]iod1 any contribution or gift 7)9 !   
mean+ ( section #fjcc7;b77#e77 f a =eign
 national 7z def9$ 9 section #cai7;b7 ( 
! ,f$]al ,election ,campaign ,act (     
#aiga 7#eb ,u4,s4,c4 #cjaba7;b7774  7#b7
 ,te/+ p]iod ,! t]m te/+ p]iod means1 ) 
respect to any contribution by an       
organization describ$ 9 section         
#eja7;c71 ! #h-ye> p]iod end+ on ! date 
( su* contribution1 except t su* p]iod  
%all n include any p]iod be=e ! date ( !

 enactm5t ( ?is section4  7c7 ,specifi$ 
tax exempt organization ,= purposes (   
?is section-- 7#a7 ,9 g5]al ,! t]m      
specifi$ tax exempt organization means1 
) respect to any taxable ye>1 any       
organization describ$ 9 section #eja7;c7
 & exempt f tax "u section #eja7;a7 if--
  7,a7 ! gross receipts ( su*           
organization = su* taxable ye> equal or 
exce$ #bjj1jjj1 or  7,b7 ! assets ( su* 
organization 7det]m9$ z ( ! close ( su* 
taxable ye>7 equal or exce$ #ejj1jjj4   
7#b7 ,coord9ation ) revocation ( tax    
exempt /atus by reason ( mak+           
disqualifi$ political committee         
contributions ,an organization :i* is n 
exempt f tax "u section #eja7;a7 solely 
by reason ( section #eja7s7 %all be     
treat$ = purposes ( p>agraph 7#a7 ( ?is 
subsection z exempt f tax "u section    
#eja7;a7 ) respect to ! application (   
?is section to ! fir/ #c disqualifi$    
political committee contributions ( su* 
organization4  4  7b7 ,revocation (     
exempt /atus ^u ?ird disqualifi$        

political committee contribution        
,section #eja ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by add+ at ! end !    
foll[+ new subsection3  7s7 ,revocation 
( exempt /atus ( c]ta9 organizations t  
accept contributions f =eign nationals &
 make contributions to political        
committees ,any organization describ$ 9 
subsection 7c7 :i* makes m ?an #b       
disqualifi$ political committee         
contributions 7z def9$ 9 section        
#fgbj;,d7b77 %all n be exempt f taxation
 "u subsection 7a7 = any taxable ye>    
end+ on or aft] ! date ( ! ?ird su*     
contribution4  4  7c7 ,cl]ical am5dm5t  
,! table ( sections = "p ,i ( sub*apt]  
,b ( *apt] #fh ( su* ,code is am5d$ by  
add+ at ! end ! foll[+ new item3  ,sec4 
#fgbj;,d4 ,contributions to political   
committees f c]ta9 tax exempt           
organizations t accept contributions f  
=eign nationals4  4  7d7 ,effective date
 ,! am5dm5ts made by ?is subsection %all
 apply ) respect to contributions made  
on or aft] ,janu>y #a1 #bjbf1 by        

organizations describ$ 9 section        
#eja7;c7 ( ! ,int]nal ,rev5ue ,code (   
#aihf4