Stopping Foreign Influence in Elections Act of 2026

This bill creates taxes and penalties for certain tax-exempt organizations — like charities, social welfare groups, labor unions, and business leagues — if they donate money to a political group within two years of receiving money from a foreign national. For the first time this happens, the organization would owe a tax equal to the full amount of the donation, and for each time after that, the tax doubles to twice the amount. If it happens a third time or more, the organization would also lose its tax-exempt status for two years. Larger organizations with significant income or assets face an additional penalty of twice the amount of the donation.

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