Summary: H.R.4517 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.4517. Bill summaries are authored by CRS.

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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.