H.R. 4517 · 111th Congress
Freedom From Foreign-Based Manipulation in American Elections Act of 2010
- Stage
- In committee
- Sponsor
- John Hall
- Introduced
- 2010-01-26
- Latest action
- 2010-01-27 · Sponsor introductory remarks on measure.
Summary
Freedom From Foreign-Based Manipulation in American Elections Act of 2010 - Amends the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals in connection with a federal, state, or local election to corporations with respect to which: (1) the number of shares owned directly or indirectly by foreign principals is equal to or greater than 5% of the total number of the corporation's outstanding shares; (2) one or more foreign principals serves on the board of directors; or (3) one or more foreign principals is employed in a senior executive position.
Increases the civil monetary penalties applicable to foreign nationals that violate the ban.