Title: Prevent Corrupting Foreign Influence Act
Policy area: Crime and Law Enforcement

Summary:
Prevent Corrupting Foreign Influence Act
This bill amends the federal criminal code to make it unlawful for the President, the Vice President, or an immediate family member of the President or Vice President to knowingly accept or receive anything of value from a foreign state or foreign entity, subject to specified exceptions. A violator is subject to criminal penalties—a fine, a prison term of up to five years, or both.
Additionally, the bill creates a new category of federal employees—immediate family members of the President or Vice President—that is subject to statutory restrictions on and penalties for soliciting or receiving a gift from a foreign government or entity. An immediate family member is a parent, parent-in-law, child, or sibling.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6466 Introduced in House (IH)]

<DOC>






115th CONGRESS
  2d Session
                                H. R. 6466

  To amend title 18, United States Code, to prohibit corrupt foreign 
 influence over the President, the Vice President, and their immediate 
                family members, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 23, 2018

  Mr. Swalwell of California introduced the following bill; which was 
  referred to the Committee on the Judiciary, and in addition to the 
   Committee on Oversight and Government Reform, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
  To amend title 18, United States Code, to prohibit corrupt foreign 
 influence over the President, the Vice President, and their immediate 
                family members, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Prevent Corrupting Foreign Influence 
Act''.

SEC. 2. FOREIGN INFLUENCE OVER THE PRESIDENT AND VICE PRESIDENT.

    (a) In General.--Chapter 11 of title 18, United States Code, is 
amended by adding at the end the following:
``Sec. 227A. Foreign influence over the President and Vice President
    ``(a) Prohibition.--Except as provided in subsection (b), whoever, 
being a covered person or covered entity, knowingly--
            ``(1) accepts anything of value from a foreign state or 
        foreign entity; or
            ``(2) receives anything of value from a foreign state or 
        foreign entity,
shall be fined under this title, imprisoned not more than 5 years, or 
both.
    ``(b) Exceptions.--Subsection (a) shall not apply--
            ``(1) in the case of any investment by a foreign state or 
        entity in a mutual fund, which includes a covered entity in its 
        portfolio;
            ``(2) in the case of any investment by a foreign state or 
        entity in an asset held in a blind trust on behalf of a covered 
        person; or
            ``(3) in any case in which the covered person acted in 
        accordance with section 7342 of title 5 or the Mutual Education 
        and Cultural Exchange Act of 1961 (22 U.S.C. 2451 et seq.).
    ``(c) Definitions.--In this section:
            ``(1) The term `covered person' means the President, Vice 
        President, and their immediate family members.
            ``(2) The term `covered entity' means any entity in which a 
        covered person has not less than a 50 percent ownership 
        interest.
            ``(3) The term `immediate family member' means, with 
        respect to the President or Vice President, a parent, parent-
        in-law, spouse, child, or sibling of the President or Vice 
        President.
            ``(4) The term `foreign entity' means any entity in which a 
        foreign state has not less than a 50 percent ownership 
        interest.''.
    (b) Clerical Amendment.--The table of sections for chapter 11 of 
title 18, United States Code, is amended by inserting after the item 
related to section 227 the following:

``227A. Foreign influence over the President and Vice President.''.

SEC. 3. RECEIPT AND DISPOSITION OF FOREIGN GIFTS AND DECORATIONS.

    Section 7342(a)(1) of title 5, United States Code, is amended--
            (1) in subparagraph (F), by striking ``and'' at the end;
            (2) in subparagraph (G), by striking the period at the end; 
        and
            (3) by inserting after subparagraph (G) the following:
                    ``(H) a parent, parent-in-law, child, or sibling of 
                the President or Vice President.''.
                                 <all>