Disclosing Foreign Influence in Lobbying Act
Disclosing Foreign Influence in Lobbying Act
Plain Language Summary
# Disclosing Foreign Influence in Lobbying Act (S 856) **What the Bill Does** This bill would require lobbyists and lobbying firms to disclose any foreign financial interests or connections they have when registering with the federal government. Currently, lobbyists must register and report their activities, but the bill would add new transparency requirements specifically targeting foreign funding sources. The goal is to ensure the public and government officials know when someone lobbying Congress has financial ties to foreign countries, companies, or governments. **Who It Affects and Key Provisions** The bill primarily affects professional lobbyists and lobbying firms operating in the United States. It would require them to report foreign ownership stakes, foreign funding, and other foreign financial interests as part of their regular lobbying registration disclosures. This applies to anyone paid to influence federal legislation or executive branch actions.
The transparency requirement is intended to prevent foreign governments or entities from having hidden influence over U.S. policy through American lobbyists. **Current Status** As of now, the bill has passed the Senate. For it to become law, it would need to be considered and passed by the House of Representatives, then signed by the President. The bill has bipartisan sponsorship, suggesting some agreement across party lines on the need for these transparency requirements.
Latest Action
Held at the desk.