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Block Foreign-Funded Political Ads Act
1/11/2023, 1:46 PM
Summary of Bill HR 990
The bill aims to prevent foreign entities from influencing US elections by prohibiting them from purchasing political advertisements on various platforms, including social media and television. It requires these platforms to take measures to verify the identity of advertisers and ensure that they are not funded by foreign sources.
Additionally, the bill requires platforms to maintain a public database of all political advertisements, including information about the advertiser and the amount spent. This transparency is intended to help prevent foreign entities from hiding their involvement in US elections. Overall, the Block Foreign-Funded Political Ads Act seeks to protect the integrity of US elections by preventing foreign interference through political advertising. It aims to increase transparency and accountability in the political advertising process to ensure that American voters are not misled by foreign actors.
Congressional Summary of HR 990
Block Foreign-Funded Political Ads Act
This bill requires certain entities (i.e., television and radio broadcasting stations, providers of cable and satellite television, and online platforms) to make reasonable efforts to ensure that political advertisements are not directly or indirectly purchased by a foreign national.
Specifically, the bill requires these entities to directly inquire whether the purchase for a political advertisement is being made by a foreign national. It also requires these entities, when accepting a credit card purchase for a political advertisement, to collect the credit card's verification value. The card's billing address must be in the United States unless the purchaser is a U.S. citizen living outside of the United States, in which case the purchaser must provide his or her voter registration address.
