A bill for an act relating to campaign finance, including participation in ballot issue campaigns by foreign nationals and investigations of election misconduct, and making penalties applicable.

SF 2078 restricts foreign nationals from influencing Iowa ballot issue campaigns. It defines "foreign national" broadly (including foreign governments and entities) and requires political committees to obtain donor affirmations confirming they are not foreign nationals and have not received over $100,000 in foreign funds in the past four years. The bill prohibits foreign nationals from directing campaign decisions or soliciting contributions for ballot issues and imposes civil penalties of up to $10,000 or three times the contribution amount for violations. This directly affects political committees, donors, and foreign entities seeking to influence statewide ballot measures through campaign contributions or expenditures.