Fighting Foreign Influence Act

Establishes the “Fighting Foreign Influence Act” to address foreign contributions and influence in various sectors.

Title I: Think Tank and Nonprofit Foreign Influence Disclosure

• Mandates annual disclosure of contributions over $50,000 from foreign governments and political parties by certain tax-exempt organizations.
• Requires the IRS to publicly disclose the names of contributing foreign governments or political parties and the aggregate amount of their contributions.
• Applies to returns filed for taxable years beginning after the enactment of the Act.

Title II: Congressional and Executive Foreign Lobbying Ban

• Prohibits former Members of Congress, senior political appointees, and general or flag officers of the Armed Forces from registering as agents of foreign principals.
• Amends the Foreign Agents Registration Act of 1938 and title 18, United States Code, to enforce these prohibitions.
• Applies to individuals whose service terminates on or after the enactment of the Act.

Title III: Stop Foreign Donations Affecting Our Elections

• Requires disclosure of the credit verification value (CVV) for online credit card contributions to federal elections.
• Stipulates that political committees cannot accept internet credit card contributions without verifying the contributor’s billing address in the U.S. or, for U.S. nationals/lawful permanent residents living abroad, additional identification.
• Prohibits individuals required to register as agents of foreign principals from delivering contributions to federal candidates or being credited for raising contributions.
• Defines “deliver” in the context of contributions to include physical or electronic transmission.
• The amendments related to online contributions and the prohibition on foreign agents delivering contributions apply to contributions made after specified periods post-enactment of the Act.