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American Donor Privacy and Foreign Funding Transparency Act
1/4/2025, 11:17 AM
Summary of Bill HR 8293
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.
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.
Read the Full Bill
Current Status of Bill HR 8293
Bill HR 8293 is currently in the status of Bill Introduced since May 8, 2024. Bill HR 8293 was introduced during Congress 118 and was introduced to the House on May 8, 2024. Bill HR 8293's most recent activity was Placed on the Union Calendar, Calendar No. 731. as of December 17, 2024
Bipartisan Support of Bill HR 8293
Total Number of Sponsors
4Democrat Sponsors
0Republican Sponsors
4Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8293
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 8293
American Donor Privacy and Foreign Funding Transparency Act
American Donor Privacy and Foreign Funding Transparency Act
To amend the Internal Revenue Code of 1986 to provide for the public reporting of data on certain contributions received by tax-exempt organizations from foreign sources, and for other purposes.
Comments
Sponsors and Cosponsors of HR 8293
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