[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7124 Introduced in House (IH)]
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117th CONGRESS
2d Session
H. R. 7124
To amend the Internal Revenue Code of 1986 to provide for the public
reporting of certain contributions received by charitable organizations
from foreign governments and foreign political parties.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 17, 2022
Mr. Gooden of Texas introduced the following bill; which was referred
to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide for the public
reporting of certain contributions received by charitable organizations
from foreign governments and foreign political parties.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Think Tank and Nonprofit Foreign
Influence Disclosure Act''.
SEC. 2. ANNUAL DISCLOSURE OF CONTRIBUTIONS FROM FOREIGN GOVERNMENTS AND
POLITICAL PARTIES BY CERTAIN TAX-EXEMPT ORGANIZATIONS.
(a) Reporting Requirement.--Section 6033(b) of the Internal Revenue
Code of 1986 is amended by striking ``and'' at the end of paragraph
(15), by redesignating paragraph (16) as paragraph (17) and by
inserting after paragraph (15) the following new paragraph:
``(16) with respect to each government of a foreign country
(within the meaning of section 1(e) of the Foreign Agents
Registration Act of 1938 (22 U.S.C. 611(e))) and each foreign
political party (within the meaning of section 1(f) of such Act
(22 U.S.C. 611(f)) which made aggregate contributions and gifts
to the organization during the year in excess of $50,000, the
name of such government or political party and such aggregate
amount, and''.
(b) Public Disclosure.--Section 6104 of such Code is amended by
adding at the end the following new subsection:
``(e) Public Disclosure of Certain Information.--The Secretary
shall make publicly available in a searchable database the following
information:
``(1) The information furnished under section 6033(b)(16)
of the Internal Revenue Code of 1986, as amended by this
section.
``(2) The name of the organization furnishing the
information described in paragraph (1).
``(3) The aggregate amount reported under such section as
having been received as contributions or gifts in each year
from foreign governments, political parties, and individuals.
``(4) The aggregate amount reported under such section as
having been received as contributions or gifts in each year
from--
``(A) China, the Chinese Communist Party, Chinese
Communist Party officials, and State-owned Chinese
entities,
``(B) Russia, Russian officials, and State-owned
Russian entities, and
``(C) persons identified pursuant to the Specially
Designated Nationals and Blocked Persons List (SDN)
Human Readable Lists.''.
(c) Report.--Not later than 180 days after the date of the
enactment of this Act, the Secretary of the Treasury, after
consultation with the Secretary of State, shall issue a report to
Congress (including to the Committee on Financial Services, and the
Committee on Foreign Affairs, of the House of Representatives) on the
foreign influence of tax-exempt organizations. Such report shall
include a focus on--
(1) the role of foreign influence in--
(A) funding of tax-exempt organizations to
influence the United States energy sector, including
the funding of environmental groups in the United
States with the aim of disrupting the United States
energy industry and influencing public opinion of the
oil and gas industry,
(B) funding of tax-exempt organizations that
directly or indirectly route to terrorist groups and
where a charitable organization knowingly or
intentionally provides logistical services,
recruitment, or otherwise facilitated support to a
terrorist group in a conflict zone, and
(2) funding from--
(A) China, the Chinese Communist Party, Chinese
Communist Party officials, and State-owned Chinese
entities,
(B) Russia, Russian officials, and State-owned
Russian entities, and
(C) persons identified pursuant to Specially
Designated Nationals and Blocked Persons List (SDN)
Human Readable Lists.
(d) Effective Date.--The amendments made by this section shall
apply to returns filed for taxable years beginning after the date of
the enactment of this Act.
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