This bill proposes to amend Arizona Revised Statutes by adding a new section, 16-914.01, which would prohibit committees organized to influence ballot propositions from accepting contributions from foreign nationals. The bill outlines specific exceptions, including contributions from federal political committees that comply with federal law, independent expenditures made without coordination with a committee, and in-kind contributions of volunteer services from individuals who are not foreign nationals. Additionally, the bill mandates that committees verify contributors' residency status and return any prohibited contributions within ten business days of discovery.

Furthermore, the bill establishes reporting requirements for committees, including disclosing the percentage of contributions from residents versus nonresidents and including disclaimers in campaign materials if more than twenty percent of funding comes from nonresidents. Violations of this section would be classified as a class 1 misdemeanor, with enforcement actions and civil penalties outlined. The bill also provides definitions for key terms such as "ballot proposition," "committee," "foreign national," "nonresident," and "resident," ensuring clarity in its application.