,,ib ,union ,calendar ,no4 #fff #aaith  
,,congress  #b;d ,session  ,h4 ,r4 #iggb
 ,report ,no4 #aai-gfe ,,in ,,the       
,,house ,,of ,,representatives  ,july   
#ah1 #bjbf,mr4 ,schweikert introduced   
the following bill2 which was referred  
to the ,committee on ,ways and ,means   
,august #bg1 #bjbf;,additional sponsor3 
,mr4 ,fine  ,august #bg1 #bjbf,reported 
with an amendment1 committed to the     
,committee of the ,whole ,house on the  
,state of the ,union1 and ordered to be 
printed,strike out all after the        
enacting clause and insert the part     
printed in italic,for text of introduced
 bill1 see copy of bill as introduced on
 ,july #ah1 #bjbf  ,a ,,bill  ,to amend 
the ,internal ,revenue ,code of #aihf to
 require disclosure by certain          
tax-exempt organizations of information 
relating to foreign contributions to    
such organizations4  #a4 ,short title   
,this ,act may be cited as the ,foreign 
,funding ,transparency ,act4  #b4       
,annual disclosure of data on           

contributions received by tax-exempt    
organizations from foreign sources  7a7 
,reporting requirement ,section #fjcc of
 the ,internal ,revenue ,code of #aihf  
is amended by redesignating subsection  
7p7 as subsection 7q7 and by inserting  
after subsection 7o7 the following new  
subsection3  7p7 ,contributions received
 from foreign sources  7#a7 ,in general 
,every specified tax exempt organization
 shall include on the return required   
under subsection 7a7 the following      
information3 7,a7 ,the aggregate amount 
of contributions received from foreign  
nationals 7as defined in section        
#cai7;b7 of the ,federal ,election      
,campaign ,act of #aiga7 during the     
taxable year4  7,b7 ,the aggregate      
amount of contributions received from   
foreign nationals 7as so defined7 stated
 separately with respect to each foreign
 country of concern 7as defined in      
section #ajfab of the ,research and     
,development1 ,competition1 and         
,innovation ,act7 during the taxable    

year4  7#b7 ,identification of foreign  
country of contribution ,for purposes of
 this subsection1 the foreign country   
with respect to which a contribution is 
received is-- 7,a7 in the case of a     
contribution made by an individual1 each
 foreign country of which such          
individual is a citizen1 and  7,b7 in   
the case of any other contribution1 the 
foreign country under the laws of which 
the person making such contribution was 
created or organized4  7#c7 ,specified  
tax exempt organization ,for purposes of
 this subsection1 the term specified tax
 exempt organization means1 with respect
 to any taxable year1 any organization  
described in section #eja7;c7 if-- 7,a7 
the gross receipts of such organization 
for the preceding taxable year equal or 
exceed #bjj1jjj1 or  7,b7 the assets of 
such organization 7determined as of the 
close of such preceding taxable year7   
equal or exceed #ejj1jjj4  7#d7         
,reliance on representation ,for        
purposes of this subsection1 an         

organization may rely on the            
representation of a donor as to the     
nationality of such donor unless such   
organization knows or should have known 
that such representation is false4  7#e7
 ,regulations ,the ,secretary may       
require specified tax exempt            
organizations to collect such           
information from foreign nationals who  
make contributions to such organizations
 at such time and in such manner as the 
,secretary determines appropriate for   
the purposes of this subsection4  4  7b7
 ,effective date ,the amendments made by
 subsection 7a7 shall apply to returns  
filed for taxable years beginning after 
the date that is #a year after the date 
of the enactment of this ,act4  ,august 
#bg1 #bjbf,reported with an amendment1  
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union1 and ordered to be printed