YourVoice.Now Summary
Transparency & AccountabilityTax-exempt groups that take any foreign gift would face steep taxes for giving to political groups for the next two years
Transparency & Accountability
Say a tax-exempt group got any gift from a foreign national in the past two years. It would then pay a tax on each gift it gives to a political committee or a 501(c)(4) group. The tax is the full gift the first time and twice the gift after that.
Groups with $200,000 or more in yearly receipts or $500,000 or more in assets would also owe a penalty of twice each such gift. So a large group's first such gift could cost it three times its size.
On the third such political gift, a group would lose its tax-exempt status for two years, on top of the tax. The count starts over if a group goes two years without one.
More about this bill
Most people would see no change in their own taxes. The bill targets tax-exempt groups that get money from foreign donors and then give to political groups. If such a group gets any gift from a foreign national, its political gifts over the next two years face a new tax. Here a foreign national is a foreign principal or a person who is not a U.S. citizen, U.S. national, or green card holder. Political groups include political committees (groups that take in or spend over $1,000 a year on elections). They also include 501(c)(4) social welfare groups. The tax equals the full political gift the first time. From the second time on, it is twice the gift. From the third time on, the group also loses its tax-exempt status for two years. Larger groups owe a separate penalty of twice the gift on top of that. These are groups with $200,000 or more in yearly receipts or $500,000 or more in assets. A group may rely on a donor's word about citizenship, unless it knew or should have known the claim was false. The count starts over after two years with no such gifts. The rules cover political gifts made more than one year after the bill becomes law. Foreign gifts from before it becomes law do not count.
Congressional Summary
Congress's official summary of this bill still describes an earlier version of the text, so we have left it out here. You can read it on Congress.gov.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Reported to House
- Action Date
- 2026-08-27
- Date Added
- 2026-09-24
- Source
- Congress.gov →
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