The "Foreign Robocall Elimination Act" directs the Federal Communications Commission (FCC) to establish an Interagency Taskforce on Unlawful Robocalls within 270 days, in consultation with the Federal Trade Commission and the Attorney General. This taskforce is specifically charged with developing strategies to combat unlawful robocalls originating from outside the United States. Its membership will include representatives from various Federal agencies and seven private sector entities, such as voice service providers, analytics providers, the TRACED Act Consortium, marketing and non-marketing businesses, and consumer advocates, ensuring a comprehensive approach. A core function of the taskforce is to prepare a detailed report for Congress and relevant Federal agencies, offering recommendations on combating foreign-originated robocalls. This report will analyze the volume of foreign robocalls, identify their primary origin countries, and quantify associated financial losses and identity theft. Key areas of study include encouraging caller identification authentication technology adoption in foreign countries, exploring international collaboration for call authentication, and assessing the effectiveness of STIR/SHAKEN for international calls. The taskforce will also examine resource needs for enforcement, potential increased criminal penalties, and ways to incentivize foreign cooperation with U.S. law enforcement efforts. Additionally, the bill amends the Pallone-Thune TRACED Act to change a notice provision from annually to once every three years.