Install
Foreign Funding Transparency Act
To amend the Internal Revenue Code of 1986 to require disclosure by certain tax-exempt organizations of information relating to foreign contributions to such organizations.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
Foreign Funding Transparency Act
This bill requires certain organizations exempt from federal income tax to report to the Internal Revenue Service (IRS) information related to contributions received from foreign nationals.
The bill applies to tax-exempt organizations described in Section 501(c) of the Internal Revenue Code (e.g., charities, social welfare organizations, labor organizations, and business or civics leagues) with (1) gross receipts for the preceding tax year of $200,000 or more, or (2) assets (determined at the close of the preceding tax year) of $500,000 or more.
Such tax-exempt organizations that are required to file a Form 990 series information return with the IRS must report (1) the aggregate amount of contributions received during the tax year from foreign nationals, and (2) the portion of those contributions received from foreign nationals from China, Iran, Korea, or Russia.
Under the bill, a tax-exempt organization may rely on the representation of the donor as to nationality unless the organization knows or should know that such representation is false.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Aug 27, 2026 Placed on the Union Calendar, Calendar No. 666.
- Aug 27, 2026 Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-765.
- Jul 22, 2026 Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 23 - 18.
- Jul 22, 2026 Committee Consideration and Mark-up Session Held
- Jul 18, 2026 Referred to the House Committee on Ways and Means.
- Jul 18, 2026 Introduced in House
Congressional and federal records come from official public sources: the House Clerk, the U.S. Senate, GovInfo and the Library of Congress (bill status), the Federal Register, and the congress-legislators project. They are copied on a schedule and may lag the official record by a few hours; the official sources govern. News and coverage counts are drawn from the 4Conservative index and reflect what the press published, not 4Conservative's views. Nothing here is an endorsement of any candidate, party or position. Terms of use.