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H.R. 703: Uncovering Foreign Influence in the United States Act of 2019


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 22, 2019.


Uncovering Foreign Influence in the United States Act of 2019

This bill establishes additional disclosure requirements for certain tax-exempt organizations that receive foreign source contributions. The bill also imposes an excise tax on a U.S. person who fails to disclose a political contribution that is made on behalf of or funded by a person other than a U.S. person or bona fide resident of a U.S. possession.