H. R. 4523
IN THE HOUSE OF REPRESENTATIVES
January 26, 2010
Mr. Perriello introduced the following bill; which was referred to the Committee on House Administration
To amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals to domestic corporations whose shareholders include any foreign principals.
This Act may be cited as the
Save Our Democracy From Foreign
Influence Act of 2010.
Application of Ban on Contributions and Expenditures by Foreign Nationals to Domestic Corporations with Foreign Shareholders
Section 319(b) of the Federal Election Campaign Act of 1971 (2 U.S.C. 441e(b)) is amended—
or at the end of paragraph (1);
by striking the
period at the end of paragraph (2) and inserting
by adding at the end the following new paragraph:
a corporation (other than a foreign principal, as so defined) whose shareholders include one or more foreign principals.