This bill amends the Internal Revenue Code of 1986 to establish new penalties for certain tax-exempt organizations. The primary purpose is to deter these organizations from making contributions to political committees if they have accepted funds from foreign nationals. This measure aims to prevent foreign influence in U.S. elections through tax-exempt entities. Specifically, any "specified tax exempt organization" that makes a "disqualified political committee contribution" must pay a penalty equal to twice the amount of that contribution. A contribution is deemed disqualified if the organization received any funds from a foreign national within an 8-year testing period ending on the date of the contribution. The testing period does not include any time before the enactment of this section. A "specified tax exempt organization" is defined as a 501(c) organization with gross receipts of at least $200,000 or assets of at least $500,000. Furthermore, if an organization makes more than two such disqualified political committee contributions, its tax-exempt status will be revoked for any taxable year ending on or after the date of the third contribution. These amendments will apply to contributions made on or after January 1, 2026.