H.R. 3229 would amend the Federal Election Campaign Act of 1971 to prohibit foreign governments, individuals, corporations, and other private groups from making contributions in connection with state or local ballot initiatives, referendums, or recall elections. Under current law, those foreign entities are prohibited from making donations to candidates running for federal, state, or local offices.
Based on the cost of similar activities, CBO estimates that implementing H.R. 3229 would cost the Federal Election Commission less than $500,000 over the 2024-2029 period. Any spending would be subject to the availability of appropriated funds.
