H.R.2350 - Federal Government - To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes.

To amend the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations, and for other purposes. 5/16/2007--Introduced. Ethics in Foreign Lobbying Act of 2007 - Amends the Federal Election Campaign Act of 1971 to prohibit contributions and expenditures in federal elections by multicandidate political committees or separate segregated funds sponsored by foreign-controlled corporations and associations (at least 50% owned by a non-U.S. citizen or foreign national). Sets forth ownership and operating fund reporting requirements. Prohibits a foreign national from participating in the decision-making process of any person's election-related activities (such as those of a corporation, labor organization, or political committee). Establishes within the Federal Election Commission a clearinghouse of existing public information regarding the political activities of foreign principals [...]

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