Enacts the democracy preservation act; prohibits contributions by foreign-influenced business entities; requires certification.

The Democracy Preservation Act prohibits foreign-influenced business entities from making contributions or donations in connection with state or local elections. It defines a foreign-influenced business entity as one where a single foreign owner holds one percent or more of the total equity, or two or more foreign owners hold five percent or more of the total equity. The act requires certification from business entities to ensure compliance and imposes penalties for violations, including criminal charges and civil fines.

Enacts the democracy preservation act; prohibits contributions by foreign-influenced business entities; requires certification.

The Democracy Preservation Act prohibits foreign-influenced business entities from making contributions or donations in connection with state or local elections. It defines a foreign-influenced business entity as one where a single foreign owner holds one percent or more of the total equity, or two or more foreign owners hold five percent or more of the total equity. The act requires certification from business entities to ensure compliance and imposes penalties for violations, including criminal charges and civil fines.