,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #igga  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #ah1 #bjbf,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
 on political committees t accept =eign 
contributions4  #a4 ,%ort title  ,?is   
,act may be cit$ z ! ,/opp+ ,=eign      
,influ5ce 9 ,elections ,act ( #bjbf4    
#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     
entity if su* organization receiv$1 dur+
 ! te/+ p]iod1 any contribution or gift 
7)9 ! mean+ ( section #fjcc7;b77#e77 f a
 =eign national 7z def9$ 9 section      
#cai7;b7 ( ! ,f$]al ,election ,campaign 
,act ( #aiga74  7#b7 ,political entity  
,! t]m political entity means-- 7,a7 a  
political committee 7z def9$ 9 section  
#cja ( ! ,f$]al ,election ,campaign ,act
 ( #aiga71 or  7,b7 any organization    
describ$ 9 section #eja7;c77#d7 & exempt
 f taxation "u section #eja7;a74  7#c7  
,te/+ p]iod ,! t]m te/+ p]iod means1 )  
respect to any contribution by an       
organization describ$ 9 section         
#eja7;c71 ! #b-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  7#d7 ,reliance
 on repres5tation ,= purposes ( p>agraph
 7#a71 an organization may rely on !    
repres5tation ( a donor z to !          
nationality ( su* donor unless su*      
organization kn[s or %\ld h kn[n t su*  
repres5tation is false4  7c7 ,specifi$  
tax exempt organization ,= purposes (   
?is section1 ! t]m specifi$ tax exempt  
organization means1 ) respect to any    
taxable ye>1 any organization describ$ 9
 section #eja7;c7 :i* is requir$ to file
 an annual return "u section            
#fjcc7;a77#a7 = su* taxable ye> if--    
7#a7 ! gross receipts ( su* organization
 = ! prec$+ taxable ye> equal or exce$  
#bjj1jjj1 or  7#b7 ! assets ( su*       
organization 7det]m9$ z ( ! close ( su* 
prec$+ taxable ye>7 equal or exce$      
#ejj1jjj4  4  7b7 ,treatm5t (           
organizations mak+ disqualifi$ political
 committee contribution ,section #eja ( 
su* ,code is am5d$ by add+ at ! end !   
foll[+ new subsection3  7s7 ,treatm5t ( 

organizations mak+ disqualifi$ political
 committee contributions  7#a7 ,9 g5]al 
,9 ! case ( any organization describ$ 9 
subsection 7c7 :i* makes a disqualifi$  
political committee contribution--  7,a7
 if su* contribution is ! fir/          
disqualifi$ political committee         
contribution made by su* organization1  
!re %all be impos$ a tax on su*         
organization ( an am\nt equal to #ajj   
p]c5t ( su* contribution1  7,b7 if su*  
contribution is ! second disqualifi$    
political committee contribution made by
 su* organization1 !re %all be impos$ a 
tax on su* organization ( an am\nt equal
 to #bjj p]c5t ( su* contribution1 or   
7,c7 if su* contribution is any         
disqualifi$ political committee         
contribution subsequ5t to ! second      
disqualifi$ political committee         
contribution made by su* organization-- 
7i7 !re %all be impos$ a tax on su*     
organization ( an am\nt equal to #bjj   
p]c5t ( su* contribution1 &  7ii7 su*   
organization %all n be exempt f taxation

 "u subsection 7a7 dur+ ! #b-ye> p]iod  
beg9n+ on ! date on :i* su* contribution
 is made4  7#b7 ,rule ( application =   
organizations n mak+ disqualifi$        
political committee contributions = #b  
ye>s ,9 ! case ( any organization       
describ$ 9 subsection 7c7 :i* does n    
make a disqualifi$ political committee  
contribution dur+ any #b-ye> p]iod1 any 
det]m9ation ( ! numb] ( su*             
contributions made by su* organization =
 purposes ( p>agraph 7#a7 %all be made  
)\t reg>d to any contribution made be=e 
su* #b-ye> p]iod4  7#c7  ,disqualifi$   
political committee contributions  ,=   
purposes ( ?is subsection1 ! t]m        
disqualifi$ political committee         
contributions has ! mean+ giv5 su* t]m 9
 section #fgbj;,d7b74  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
 ,! am5dm5t made by ?is section %all    
apply ) respect to contributions made   
aft] ! date :i* is #a ye> aft] ! date ( 
! enactm5t ( ?is ,act4