H.R.4517 - Freedom From Foreign-Based Manipulation in American Elections Act of 2010111th Congress (2009-2010)
|Sponsor:||Rep. Hall, John J. [D-NY-19] (Introduced 01/26/2010)|
|Committees:||House - House Administration|
|Latest Action:||01/27/2010 Sponsor introductory remarks on measure. (CR H391) (All Actions)|
This bill has the status Introduced
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Summary: H.R.4517 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (01/26/2010)
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.