Stopping Foreign Influence in Elections Act of 2026

The Stopping Foreign Influence in Elections Act of 2026 imposes new financial penalties on specific tax-exempt organizations that accept money from foreign nationals and subsequently donate to political committees. This law directly affects larger non-profits with significant assets or revenue, requiring them to pay fines ranging from 100% to 200% of the donation amount if they fail to screen donors properly. The bill also mandates that organizations making repeated violations lose their tax-exempt status for two years. These rules apply to contributions made after one year following the bill's enactment.