102D CONGRESS 18T SESSION H. R. 806 To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes. IN THE HOUSE OF REPRESENTATIVES Mr. GUARINI (for himself, Ms. Kaptur, Mr. BONIOR, Ms. LONG, Mr. FUSTER, A BILL To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes. 1 Be it enacted by the Senate and House of Representa2 tives of the United States of America în Congress assembled, 3 SECTION 1. SHORT TITLE. 4 This Act may be cited as the "Ethics in Foreign 5 Lobbying Act of 1991". 2 1 SEC. 2. PROHIBITION OF CONTRIBUTIONS AND EXPENDI. 2 3 4 5 6 TURES BY MULTICANDIDATE POLITICAL COM. MITTEES OR SEPARATE SEGREGATED FUNDS SPONSORED BY FOREIGN-CONTROLLED COR. PORATIONS AND ASSOCIATIONS. Title III of the Federal Election Campaign Act of 1971 7 (2 U.S.C. 441 et seq.) is amended by adding at the end the 8 following new section: 9 "PROHIBITION OF CONTRIbutions and expenditures BY 13 14 law "SEC. 324. (a) Notwithstanding any other provision of "(1) no multicandidate political committee or separate segregated fund of a foreign-controlled corporation may make any contribution or expenditure with respect to an election for Federal office; and “(2) no multicandidate political committee or separate segregated fund of a trade organization, membership organization, cooperative, or corporation without capital stock may make any contribution or expenditure with respect to an election for Federal office if 50 percent or more of the operating fund of the trade organization, membership organization, cooperative, or 3 1 corporation without capital stock is supplied by foreign 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 88 19 20 21 22 controlled corporations or foreign nationals. "(b) The Commission shall “(1) require each multicandidate political committee or separate segregated fund of a corporation to include in the statement of organization of the multicandidate political committee or separate segregated fund a statement (to be updated annually and at any time when the percentage goes above or below 50 percent) of the percentage of ownership interest in the corporation that is controlled by persons other than citizens or nationals of the United States; "(2) require each trade association, membership organization, cooperative, or corporation without capital stock to include in its statement of organization of the multicandidate political committee or separate segregated fund (and update annually) the percentage of its operating fund that is derived from foreign-owned corporations and foreign nationals; and "(3) take such action as may be necessary to enforce subsection (a). "(c) The Commission shall maintain a list of the identity 23 of the multicandidate political committees or separate segre24 gated funds that file reports under subsection (b), including a 25 statement of the amounts and percentage reported by such 4 1 multicandidate political committees or separate segregated 2 funds. 3 4 5 6 7 8 9 10 11 12 13 14 "(d) As used in this section "(1) the term 'foreign-owned corporation' means a corporation at least 50 percent of the ownership interest of which is controlled by persons other than citizens or nationals of the United States; "(2) the term 'multicandidate political committee' has the meaning given that term in section 315(a)(4); "(3) the term 'separate segregated fund' means a separate segregated fund referred to in section 316(b)(2)(C); and "(4) the term 'foreign national' has the meaning given that term in section 319.". 15 SEC. 3. PROHIBITION OF CERTAIN ELECTION-RELATED 16 17 ACTIVITIES OF FOREIGN NATIONALS. Section 319 of the Federal Election Campaign Act of 18 1971 (2 U.S.C. 441e) is amended by adding at the end the 19 following new subsection: 20 "(c) A foreign national shall not direct, dictate, control, 21 or directly or indirectly participate in the decisionmaking 22 process of any person, such as a corporation, labor organiza23 tion, or political committee, with regard to such person's 24 Federal or non-Federal election-related activities, such as de25 cisions concerning the making of contributions or expendi 5 1 tures in connection with elections for any local, State, or 2 Federal office or decisions concerning the administration of、a 3 political committee.". 4 SEC. 4. ESTABLISHMENT OF A CLEARINGHOUSE OF POLITI. 5 6 7 CAL ACTIVITIES INFORMATION WITHIN THE FEDERAL ELECTION COMMISSION. (a) There shall be established within the Federal Elec8 tion Commission a clearinghouse of existing public informa9 tion regarding the political activities of foreign principals and 10 foreign agents (as defined by the Foreign Agents Registration 11 Act of 1938, as amended). The information comprising this 12 clearinghouse shall include and be solely limited to the 13 following: (1) Existing publicly disclosed registrations and quarterly reports required by the Federal Regulation of Lobbying Act (2 U.S.C. 261–270). (2) Existing publicly disclosed registrations and quarterly reports required by the Foreign Agents Registration Act, as amended (22 U.S.C. 611-621). (3) The catalogue of public hearings, hearings witnesses and witness affiliations as printed in the Congressional Record. (4) Existing public information disclosed pursuant to House and Senate rules regarding honoraria, the re ceipt of gifts, travel, earned and unearned income, |