I 111th CONGRESS 2d Session H. R. 4523 IN THE HOUSE OF REPRESENTATIVES January 26, 2010 Mr. Perriello introduced the following bill; which was referred to the Committee on House Administration A BILL To amend the Federal Election Campaign Act of 1971 to apply the ban on contributions and expenditures by foreign nationals to domestic corporations whose shareholders include any foreign principals.

1.

Short Title

This Act may be cited as the Save Our Democracy From Foreign Influence Act of 2010.

2.

Application of Ban on Contributions and Expenditures by Foreign Nationals to Domestic Corporations with Foreign Shareholders

Section 319(b) of the Federal Election Campaign Act of 1971 (2 U.S.C. 441e(b)) is amended— (1)by striking or at the end of paragraph (1); (2)by striking the period at the end of paragraph (2) and inserting ; or; and (3)by adding at the end the following new paragraph: (3)a corporation (other than a foreign principal, as so defined) whose shareholders include one or more foreign principals. .