YourVoice.Now Summary
Transparency & AccountabilityCivil LibertiesMidsize nonprofits would report foreign donations on their public tax form — broken out for China, Russia, Iran, and North Korea.
Transparency & Accountability
Covered groups would add one number to the yearly tax form they already file — everything they took in from foreign donors. That form is open to the public, though donor names stay private and people with green cards are not counted as foreign.
The form would also show how much came from each country of concern, listed on its own line. A donor who holds two citizenships counts under both, and the State Department can add countries to the list.
Civil Liberties
To fill in the new lines, a group has to know which donors are foreign. The IRS could require groups to collect that from donors directly, though otherwise a group may take a donor at their word.
More about this bill
Most people would see no change in daily life. Nonprofit groups would have new lines to fill in on the tax form they file each year. Charities, unions, chambers of commerce, and business leagues would all report how much they took in from foreign donors. They would also list what came from China, Russia, Iran, and North Korea, country by country. The State Department can add more countries to that list. Only larger groups would file it. A group would be covered if it took in at least $200,000 the year before. Holding at least $500,000 in assets would also count. That form is open to the public, so the totals would end up where anyone could look them up. Donor names would stay private, as they are now. People with green cards would not count as foreign donors. The bill adds no new fine, but the existing penalty for an incomplete form would apply. The first forms would cover tax years starting more than a year after the bill became law.
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
- 2026-09-11
- Source
- Congress.gov →
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