S.2583 - Foreign Influence Transparency Act115th Congress (2017-2018)
|Sponsor:||Sen. Rubio, Marco [R-FL] (Introduced 03/21/2018)|
|Committees:||Senate - Foreign Relations|
|Latest Action:||Senate - 03/21/2018 Read twice and referred to the Committee on Foreign Relations. (All Actions)|
This bill has the status Introduced
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Summary: S.2583 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (03/21/2018)
Foreign Influence Transparency Act
This bill amends the Foreign Agents Registration Act of 1938 to limit the exemption from foreign agent registration with the Department of Justice for a person engaging in activities in furtherance of religious, scholastic, academic, or scientific pursuits or of the fine arts to only those activities that do not promote a foreign government's political agenda.
The Higher Education Act of 1965 is amended to require institutions to report to the Department of Education a gift or contract from a foreign source whose annual value is $50,000 or more. The fair market value of in-kind-gifts is included in such limit. (Currently, a report is due if the annual value is $250,000 or more, considered alone or in combination with all other gifts from or contracts with a foreign source.)
A report shall: (1) include the contents of any such contracts, and (2) make such contents available for public disclosure.