Stopping Foreign Influence in Elections Act of 2026

Key Points

• This bill aims to stop foreign money from reaching American elections through nonprofit groups. It targets tax-exempt organizations that receive money from foreign citizens and then turn around and give money to political committees or other political groups.
• Organizations that break these rules would face massive financial penalties. A group would have to pay a fine equal to twice the amount of their political donation. They would also have to pay a special tax that starts at 100 percent of the donation and goes up for repeat offenses.
• If a group breaks the law three times, they would lose their tax-exempt status for two years. This means they would have to pay regular income taxes like a normal business. This rule applies to groups with more than $200,000 in yearly income or $500,000 in total assets.
• The bill includes a two-year look-back period. If a group took money from a foreign national at any point in the two years before making a political gift, they are subject to the penalties. The law would start being enforced one year after it is signed.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.