As reported by the House Committee on House Administration on December 14, 2023
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
*
*
Revenues
*
*
*
Increase or Decrease (-) in the Deficit
*
*
*
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
Yes, Under Threshold
* = between -$500,000 and $500,000.
Summary
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.
