This bill significantly expands the existing ban on foreign national contributions and expenditures in U.S. elections. It amends the Federal Election Campaign Act of 1971 to apply this prohibition to domestic business entities that are foreign-controlled, foreign-influenced, or foreign-owned . Specifically, the ban now covers entities where a single foreign national owns 50 percent or more, or where one foreign national owns 1 percent or more, or multiple foreign nationals collectively own 5 percent or more. The prohibition also extends to entities where foreign nationals have the power to direct or control decision-making regarding U.S. interests or election activities. To ensure compliance, the legislation mandates a new certification requirement for business entities making election-related contributions or disbursements. The chief executive officer, or highest-ranking official, must file a sworn certification with the Federal Election Commission within seven days, affirming the entity was not a foreign national at the time of the transaction. This certification must also be provided to the recipients of the funds. Furthermore, the bill makes it unlawful for recipients to use funds from entities requiring certification unless a copy of the certification is provided, thereby preventing circumvention of the ban. Beyond domestic business entities, the bill clarifies and broadens the scope of the foreign money ban. It explicitly extends the prohibition to contributions and disbursements made in connection with State or local ballot initiatives, referenda, or recall elections . The ban also applies to disbursements made to political committees, such as Super PACs, that accept donations not subject to federal limitations or prohibitions. Finally, the bill imposes new annual certification requirements on corporate political action committees (PACs) , ensuring that all fund managers are U.S. citizens or permanent residents and that no foreign national participates in or influences the PAC's decision-making regarding contributions or expenditures.