Bill 118 hr 8293, also known as the American Donor Privacy and Foreign Funding Transparency Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to increase transparency and accountability in the funding of political activities by requiring organizations to disclose information about their donors.
Under this bill, any organization that spends money on political activities, such as advertising or lobbying, would be required to disclose the names and addresses of donors who contribute more than $10,000 in a calendar year. This information would then be made publicly available on a government website.
Additionally, the bill aims to address concerns about foreign influence in US politics by requiring organizations to disclose any donations they receive from foreign sources. This provision is intended to prevent foreign entities from secretly funding political activities in the United States.
Overall, the American Donor Privacy and Foreign Funding Transparency Act seeks to promote transparency and accountability in political fundraising, in order to ensure that the American public is aware of who is funding political activities and to prevent undue influence from foreign entities.