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Code · BILL · 117th Congress · S. 2671 (Placed on Calendar Senate) — To amend the Federal Election Campaign Act of 1971 to provide for additional disclosure requirements for corporations... · Sec. 105

Sec. 105. Disbursements and activities subject to foreign money ban

831 words·~4 min read·/bill/117/s/2671/pcs/section-105·

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Section 319(a)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30121(a)(1) ), as amended by section 101, is amended— by striking or at the end of subparagraph (B); and by striking subparagraph
(C)and inserting the following: an expenditure; an independent expenditure; a disbursement for an electioneering communication (within the meaning of section 304(f)(3)); a disbursement for a communication which is placed or promoted for a fee on a website, web application, or digital application that refers to a clearly identified candidate for election for Federal office and is disseminated within 60 days before a general, special or runoff election for the office sought by the candidate or 30 days before a primary or preference election, or a convention or caucus of a political party that has authority to nominate a candidate for the office sought by the candidate; a disbursement for a broadcast, cable or satellite communication, or for a communication which is placed or promoted for a fee on a website, web application, or digital application, that promotes, supports, attacks or opposes the election of a clearly identified candidate for Federal, State, or local office (regardless of whether the communication contains express advocacy or the functional equivalent of express advocacy); a disbursement for a broadcast, cable, or satellite communication, or for any communication which is placed or promoted for a fee on an online platform, that discusses a national legislative issue of public importance in a year in which a regularly scheduled general election for Federal office is held, but only if the disbursement is made by a covered foreign national; a disbursement by a covered foreign national to compensate any person for internet activity that promotes, supports, attacks or opposes the election of a clearly identified candidate for Federal, State, or local office (regardless of whether the activity contains express advocacy or the functional equivalent of express advocacy); or a disbursement for a Federal judicial nomination communication (as defined in section 324(d)(3)); . Section 319(b) of such Act ( 51 U.S.C. 30121(b) ), as amended by sections 102(a) and 104, is amended by adding at the end the following new paragraphs: Subject to subparagraph (B), the term online platform means any public-facing website, web application, or digital application (including a social network, ad network, or search engine) which— sells qualified political advertisements; and has 50,000,000 or more unique monthly United States visitors or users for a majority of months during the preceding 12 months; or is a third-party advertising vendor that has 50,000,000 or more unique monthly United States visitors in the aggregate on any advertisement space that it has sold or bought for a majority of months during the preceding 12 months, as measured by an independent digital ratings service accredited by the Media Ratings Council (or its successor). Such term shall not include any online platform that is a distribution facility of any broadcasting station or newspaper, magazine, blog, publication, or periodical. For purposes of this paragraph, the term qualified political advertisement means any advertisement (including search engine marketing, display advertisements, video advertisements, native advertisements, and sponsorships) that— is made by or on behalf of a candidate; or communicates a message relating to any political matter of national importance, including— a candidate; any election to Federal office; or a national legislative issue of public importance. For purposes of this paragraph, the term third-party advertising vendor includes, but is not limited to, any third-party advertising vendor network, advertising agency, advertiser, or third-party advertisement serving company that buys and sells advertisement space on behalf of unaffiliated third-party websites, search engines, digital applications, or social media sites. The term covered foreign national means— a foreign principal (as defined in section 1(b) of the Foreign Agents Registration Act of 1938 ( 22 U.S.C. 611(b) ) that is a government of a foreign country or a foreign political party; any person who acts as an agent, representative, employee, or servant, or any person who acts in any other capacity at the order, request, or under the direction or control, of a foreign principal described in clause
(i)or of a person any of whose activities are directly or indirectly supervised, directed, controlled, financed, or subsidized in whole or in major part by a foreign principal described in clause (i); or any person included in the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury pursuant to authorities relating to the imposition of sanctions relating to the conduct of a foreign principal described in clause (i). In the case of a citizen of the United States, clause
(ii)of subparagraph
(A)applies only to the extent that the person involved acts within the scope of that person’s status as the agent of a foreign principal described clause
(i)of subparagraph (A). . The amendments made by this section shall apply with respect to disbursements made on or after the date of the enactment of this Act.
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  • 51 USC 30121(b)
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Sec. 105
Disbursements and activities subject to foreign money ban
Cite51 USC 30121(b)
Cites 3Cited by 0 across 0 sources
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