Get Foreign Money Out of U.S. Elections Act
A bill to amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals under such Act to foreign-controlled, foreign-influenced, and foreign-owned domestic business entities, and for other purposes.
This bill, SB5075, aims to change the Federal Election Campaign Act of 1971 by extending the current ban on contributions and expenditures by foreign nationals to include foreign-controlled, foreign-influenced, and foreign-owned domestic business entities. Essentially, this means that companies with significant foreign ownership or control would also be prohibited from making political donations or expenditures.
The proposed change would affect businesses with foreign ties by preventing them from using corporate funds for political activities. This measure is intended to ensure that U.S. elections remain free from undue foreign influence. The bill was introduced on July 22, 2026, and has been referred to the Committee on Rules and Administration for further consideration.
Key actions so far include the bill's introduction and its referral to the Committee on Rules and Administration. There are no further details yet on the committee's actions or the bill's next steps. The sponsors of the bill are a group of Democratic and Independent senators aiming to strengthen election integrity.
