Foreign Funding Transparency Act
27 August 2026 | Reported by committee (Ways and Means, as amended, H. Rept. 119-765)
What's next: Floor scheduling (leadership decides if and when it gets a vote)
Summary: The bill would require tax-exempt organizations above a certain size to report to the IRS how much money they receive from foreign donors, with special tracking of contributions from nationals of China, Iran, Korea, and Russia. Organizations could rely on donors' statements about their nationality unless they have reason to believe the information is false.
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Posted 10 September 2026