Bill 118 hr 3229, also known as the Stop Foreign Funds in Elections Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to prevent foreign entities from influencing US elections by prohibiting them from making contributions to political campaigns or parties.
If passed, the Stop Foreign Funds in Elections Act would require political committees to take steps to ensure that any contributions they receive are not coming from foreign sources. This includes conducting due diligence to verify the identity and nationality of donors, as well as implementing procedures to prevent foreign funds from being funneled through domestic intermediaries.
Additionally, the bill would increase transparency by requiring political committees to disclose any contributions they receive from foreign sources. This information would be made publicly available in order to hold campaigns and parties accountable for complying with the law.
Overall, the Stop Foreign Funds in Elections Act aims to protect the integrity of US elections by preventing foreign interference and ensuring that American democracy remains free from outside influence. It is currently being debated in Congress, with supporters arguing that it is necessary to safeguard the democratic process, while opponents raise concerns about potential challenges in enforcing the legislation.