; and (5) recommendations to address the presence of illicit foreign money in elections, as appropriate. (c) Definitions As used in this section: (1) The term Federal election cycle means the period which begins on the day after the date of a regularly scheduled general election for Federal office and which ends on the date of the first regularly scheduled general election for Federal office held after such date. (2) The term illicit foreign money means any disbursement by a foreign national (as defined in section 319(b)) prohibited under such section. . (b) Effective date The amendment made by subsection (a) shall apply with respect to the Federal election cycle that began during November 2018, and each succeeding Federal election cycle. 204. Prohibition on contributions and donations by foreign nationals in connections with ballot initiatives and referenda (a) In general Section 319(a)(1)(A) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30121(a)(1)(A) ) is amended by striking election and inserting the following: election, including a State or local ballot initiative or referendum . (b) Effective date The amendment made by this section shall apply with respect to elections held in 2020 or any succeeding year. 205. Expansion of limitations on foreign nationals participating in political advertising (a) Disbursements described Section 319(a)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30121(a)(1) ) is amended— (1) by striking or at the end of subparagraph (B); and (2) by striking subparagraph (C) and inserting the following: (C) an expenditure; (D) an independent expenditure; (E) a disbursement for an electioneering communication (within the meaning of section 304(f)(3))