- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on AdministrationIntroducedJanuary 26th, 2010
- house Committees
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Freedom From Foreign-Based Manipulation in American Elections Act of 2010
To amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals to domestic corporations which are owned or controlled by foreign principals, to increase the civil penalties applicable to foreign nationals who violate the ban, and for other purposes.
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.