Schumer-Van Hollen DISCLOSE Act details emerge

The Post reports on more details of the Schumer-Van Hollen legislative response to Citizens United this morning.

The measure would also tighten political restrictions on foreign-based corporations, which would be defined as any company that has 20 percent foreign voting shares, a majority of foreign directors or a foreign national leading U.S. operations. If enacted into law, that provision could affect a significant number of familiar companies, including Budweiser, T-Mobile and Research in Motion.

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