,i #aai? ,,congress #b;d ,session ,h4 ,r4 #ihgd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #bb1 #bjbf,mr4 ,rask9 7= himself1 ,ms4 ,s*ak[sky1 ,ms4 ,norton1 ,mr4 ,m\lton1 ,mr4 ,goldman ( ,new ,york1 ,mr4 ,lyn*1 ,mr4 ,gold5 ( ,ma9e1 ,mrs4 ,ramirez1 ,mr4 ,deluzio1 ,mr4 ,pocan1 ,ms4 ,br[nley1 ,ms4 ,mc,collum1 ,ms4 ,ca/or ( ,florida1 ,ms4 ,ross1 ,mrs4 ,d+ell1 ,mr4 ,cas>1 ,mr4 ,neguse1 ,ms4 ,wass]man ,s*ultz1 ,ms4 ,cl>ke ( ,new ,york1 ,mr4 ,cr[1 ,mr4 ,c>son1 ,ms4 ,p]ez1 ,ms4 ,/ansbury1 ,ms4 ,craig1 ,mr4 ,c>bajal1 ,mr4 ,khanna1 ,mr4 ,de,saulnier1 ,mr4 ,quigley1 ,ms4 ,ans>i1 ,mr4 ,mc,govern1 ,ms4 ,g>cia ( ,texas1 ,mr4 ,lev91 ,ms4 ,goodl&]1 ,mr4 ,boyle ( ,p5nsylvania1 ,ms4 ,tlaib1 ,mr4 ,lieu1 ,ms4 ,bonamici1 ,mr4 ,davis ( ,ill9ois1 ,mrs4 ,trahan1 ,ms4 ,sn*ez1 ,mr4 ,tonko1 ,ms4 ,sal9as1 ,ms4 ,simon1 ,mr4 ,case1 ,mrs4 ,watson ,coleman1 ,mr4 ,espaillat1 ,mr4 ,g>ca ( ,ill9ois1 ,mr4 ,pappas1 ,ms4 ,williams ( ,georgia1 ,mr4 ,nadl]1 ,mr4 ,johnson ( ,georgia1 ,mr4 ,riley ( ,new ,york1 ,ms4 ,budz9ski1 ,mrs4 ,grijalva1 ,ms4 ,kelly ( ,ill9ois1 ,mr4 ,v9dman1 ,mr4 ,h]nndez1 ,mr4 ,gre5 ( ,texas1 ,ms4 ,dext]1 ,ms4 ,mc,donald ,rivet1 ,mr4 ,c>t] ( ,l\isiana1 ,mr4 ,evans ( ,p5nsylvania1 ,ms4 ,p+ree1 ,mrs4 ,torres ( ,cali=nia1 ,mr4 ,coh51 ,ms4 ,ocasio-,cortez1 ,ms4 ,tokuda1 ,mr4 ,takano1 ,ms4 ,jayapal1 & ,ms4 ,hoyle ( ,oregon7 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 bus9ess entities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,get ,=eign ,money ,out ( ,unit$ ,/ates ,elections ,act4 #b4 ,application ( ban on contributions & exp5ditures by =eign nationals to dome/ic bus9ess entities 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+ a semicolon2 & 7#c7 by add+ at ! end ! foll[+ new p>agraphs3 7#c7 any bus9ess entity 9 :i* a =eign national locat$ outside ( ! ,unit$ ,/ates & describ$ 9 p>agraphs 7#a7 or 7#b7 directly or indirectly owns or controls or o!rwise holds direct or indirect b5eficial own]%ip ( #ej p]c5t or m ( ! vot+ %>es1 total equity1 memb]%ip units1 or o!r applicable own]%ip int]e/s ( ! entity2 or 7#d7 any bus9ess entity :i* is n describ$ 9 p>agraph 7#a71 &-- 7,a7 9 :i* a =eign national locat$ outside ( ! ,unit$ ,/ates & describ$ 9 p>agraph 7#a71 7#b71 or 7#c7 directly or indirectly owns or controls or o!rwise holds direct or indirect b5eficial own]%ip ( #a p]c5t or m ( ! vot+ %>es1 total equity1 memb]%ip units1 or o!r applicable own]%ip units ( ! entity2 7,b7 9 :i* two or m =eign nationals locat$ outside ( ! ,unit$ ,/ates & describ$ 9 p>agraph 7#a71 7#b71 or 7#c71 9 ! aggregate1 directly or indirectly own or control or o!rwise hold direct or indirect b5eficial own]%ip ( #e p]c5t or m ( ! vot+ %>es1 total equity1 memb]%ip units1 or o!r applicable own]%ip int]e/s ( ! entity2 7,c7 ) respect to :i* "o or m =eign nationals locat$ outside ( ! ,unit$ ,/ates & describ$ 9 p>agraph 7#a71 7#b71 or 7#c7 h ! p[] to direct1 dictate1 or control ! decisionmak+ process ( ! entity ) respect to its int]e/s 9 ! ,unit$ ,/ates2 or 7,d7 ) respect to :i* "o or m =eign nationals locat$ outside ( ! ,unit$ ,/ates & describ$ 9 p>agraph 7#a71 7#b71 or 7#c7 h ! p[] to direct1 dictate1 or control ! decisionmak+ process ( ! entity ) respect to activities 9 connection ) any election describ$ 9 subsection 7a77#a77;,a71 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 ! entity4 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$ = c>ry+ out election activity by bus9ess entity 7#a7 ,c]tification requir$ ,n lat] ?an #g days aft] a bus9ess entity makes any contribution1 donation1 exp5diture1 indep5d5t exp5diture1 disbursem5t = an electione]+ communication1 or any disbursem5t 9 connection ) an election describ$ 9 subsection 7a77#a77;,a71 ! *ief executive (fic] ( ! entity 7or1 if ! entity does n h a *ief executive (fic]1 ! highe/ rank+ (ficial ( ! entity71 %all file a c]tification ) ! ,commission1 "u p5alty ( p]jury1 av[+ t aft] due inquiry1 ! entity 0 n a =eign national on ! date ! entity made ! contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t4 7#b7 ,det]m9ation ( b5eficial own]%ip ,a bus9ess entity %all det]m9e b5eficial own]%ip = purposes ( ?is section 9 a mann] consi/5t ) applicable ,/ate law1 except t if ! entity is regi/]$ pursuant to section #ab7;g7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghl71 ! entity %all det]m9e b5eficial own]%ip 9 accordance ) section #ac7;d7 ( t ,act 7#ae ,u4,s4,c4 #ghm7d774 7#c7 ,provision to recipi5ts ,! bus9ess entity %all provide a copy ( ! c]tification fil$ "u p>agraph 7#a7 to ea* political committee to :i* x makes a contribution1 &1 ^u ! reque/ ( ! recipi5t1 to ea* recipi5t ( a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t ) respect to :i* ! c]tification "u p>agraph 7#a7 is fil$4 4 7c7 ,prev5tion ( circumv5tion ,section #cai ( su* ,act 7#eb ,u4,s4,c4 #cjaba71 z am5d$ by subsection 7b71 is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,prohibit+ use ( funds f bus9ess entities )\t c]tification 7#a7 ,prohibition ,except z provid$ 9 p>agraph 7#b71 x %all be unlawful = any p]son t receives f a bus9ess entity a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t ) respect to :i* ! bus9ess entity is requir$ to file a c]tification ( compliance "u subsection 7c7 to use t contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t1 directly or indirectly1 to-- 7,a7 make su* a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t2 or 7,b7 contribute1 donate1 transf]1 or o!rwise convey su* a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t to ano!r p]son = use z su* a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t4 7#b7 ,exception = funds accompani$ by c]tification ,p>agraph 7#a7 does n apply to a p]son t receives f a bus9ess entity a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t describ$ 9 su* p>agraph if-- 7,a7 ! p]son receives f ! bus9ess entity a copy ( ! c]tification ( compliance "u subsection 7c7 ) respect to su* contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t2 7,b7 ! use by ! p]son ( ! contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t is o!rwise lawful2 & 7,c7 ! p]son sep>ately designates1 records1 & acc\nts = ! contribution1 donation1 exp5diture1 indep5d5t exp5diture1 or disbursem5t1 & ensures t disbursem5ts by ! p]son = a contribution1 donation1 exp5diture1 indep5d5t exp5diture1 disbursem5t = an electione]+ communication1 or any disbursem5t 9 connection ) an election describ$ 9 subsection 7a77#a77;,a7 are only made f funds t comply ) ! requirem5ts ( ?is section4 7#c7 ,good fai? reliance on c]tification ( compliance ,= purposes ( ?is subsection1 a p]son may rely 9 good fai? on a c]tification ( compliance provid$ to ! p]son "u subsection 7c77#c74 4 7d7 ,bus9ess entity def9$ ,section #cai ( su* ,act 7#eb ,u4,s4,c4 #cjaba71 z am5d$ by subsection 7b7 & subsection 7c71 is am5d$ by add+ at ! end ! foll[+ new subsection3 7e7 ,bus9ess entity def9$ ,= purposes ( ?is section1 ! t]m bus9ess entity means a =-pr(it corporation1 limit$ liability corporation1 p>tn]%ip1 company1 limit$ p>tn]%ip1 bus9ess tru/1 bus9ess association1 or o!r simil> =-pr(it entity4 4 7e7 ,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 9 connection ) ,/ate & local ballot initiatives & 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+ election2 & ins]t+ election 7includ+ a ,/ate or local ballot initiative1 ref]5dum1 or recall election71 includ+ any disbursem5t to a political committee :i* accepts donations or contributions t d n comply ) ! limitations1 prohibitions1 or 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 ea* ( ! 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