Penalties imposed on tax-exempt organizations that make contributions to political committees from foreign nationals.
The Stopping Foreign Influence in Elections Act of 2026 amends the Internal Revenue Code to impose penalties on tax-exempt organizations that make contributions to political committees from foreign nationals. A tax-exempt organization that makes a disqualified political committee contribution will face a penalty equal to twice the amount of the contribution. The first such contribution incurs a 100% penalty, the second incurs a 200% penalty, and any subsequent contributions incur a 200% penalty.
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