H.R. 9772 · Where this bill is now
Waiting for a House vote
Approved by committee Aug 27, 2026; no House vote yet
What this bill does
In plain words · AI-written from the official summaryTax-exempt groups disclose foreign donations
This bill requires certain tax-exempt organizations—like charities and social welfare groups—to report foreign donations to the IRS. Organizations that receive $200,000 or more in annual revenue or have $500,000 or more in assets must tell the IRS how much money came from foreign nationals overall, and specifically how much came from people in China, Iran, Korea, or Russia.
How it affects you
This mainly affects the organizations themselves, not individual Americans directly. Charities, nonprofits, and similar groups that meet the size requirements will need to add new reporting to their regular IRS paperwork. The bill is designed to increase transparency about foreign sources of funding for these organizations, but doesn't change what donations they can accept.
Read the official summary (Introduced in House, Jul 18, 2026)
Foreign Funding Transparency Act
This bill requires certain organizations exempt from federal income tax to report to the Internal Revenue Service (IRS) information related to contributions received from foreign nationals.
The bill applies to tax-exempt organizations described in Section 501(c) of the Internal Revenue Code (e.g., charities, social welfare organizations, labor organizations, and business or civics leagues) with (1) gross receipts for the preceding tax year of $200,000 or more, or (2) assets (determined at the close of the preceding tax year) of $500,000 or more.
Such tax-exempt organizations that are required to file a Form 990 series information return with the IRS must report (1) the aggregate amount of contributions received during the tax year from foreign nationals, and (2) the portion of those contributions received from foreign nationals from China, Iran, Korea, or Russia.
Under the bill, a tax-exempt organization may rely on the representation of the donor as to nationality unless the organization knows or should know that such representation is false.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
2nd SessionH. R. 9772
A BILL
Foreign Funding Transparency Act
Sponsor: Rep. David Schweikert (R-AZ-1) · Introduced Jul 18, 2026 · Taxation · 2 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Aug 27, 2026: “Placed on the Union Calendar, Calendar No. 666.”