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Code · BILL · 117th Congress · H.R. 6742 (Introduced in House) — To counter the aggression of the Russian Federation against Ukraine and Eastern European allies, to expedite security... · Sec. 342

Sec. 342. Reports on limitation on exemption from registration under the Foreign Agents Registration Act of 1938, as amended, for persons filing disclosure reports under the Lobbying Disclosure Act of 1995 who are acting on behalf of Russian entities

513 words·~2 min read·/bill/117/hr/6742/ih/section-342

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Not later than 45 days after the date of enactment of this Act and every 90 days thereafter, the Attorney General, in coordination with the Secretary of State, shall submit to the appropriate committees of Congress with oversight over compliance by an agent of a foreign principal representing interests of the Government of the Russian Federation or entities under the control or influence of the Government of the Russian Federation with the Foreign Agents Registration Act of 1938, as amended ( 22 U.S.C. 611 et seq. ), a report, the contents of which are described in subsection (b). The report required under subsection
(a)shall— include a list of all filings made under the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1601 et seq. ) during the applicable reporting period described in subsection
(c)by any agent of a foreign principal that is based in the Russian Federation or on behalf of any company or economic project that is more than 33-percent owned or controlled by the Government of the Russian Federation, a Russian state-owned enterprise, or an individual on the list described in section 324; for each filing that meets the requirements of paragraph (1)— list the name of the agent of the foreign principal filing the disclosure and the foreign principal or project on whose behalf the agent is filing; and describe the nexus between the foreign principal listed in the registration and the company or economic project that is based in the Russian Federation or more than 33-percent owned or controlled by the Government of the Russian Federation, Russian state-owned enterprise, or an individual described in section 324; include a list of all enforcement actions taken under the Foreign Agents Registration Act of 1938, as amended ( 22 U.S.C. 611 et seq. ), or the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1601 et seq. ) during the applicable reporting period described in subsection
(c)against an agent of a foreign principal that is based in the Russian Federation or on behalf of any economic project that is more than 33-percent owned or controlled by the Government of the Russian Federation, Russian state-owned enterprise, or an individual on the list described in section 324; describe any gaps in oversight or enforcement challenges to combatting abuse of or improper registrations under the exemption under section 3(h) of the Foreign Agents Registration Act of 1938, as amended ( 22 U.S.C. 613(h) ); and include an assessment of whether any changes to the exemption under section 3(h) of the Foreign Agents Registration Act of 1938, as amended ( 22 U.S.C. 613(h) ), are necessary to ensure sufficient safeguards against malign influence activities by the Government of the Russian Federation or entities under the control or influence of the Government of the Russian Federation. For purposes of a report required under subsection (a), the report shall cover— in the case of the initial report, calendar year 2021 and the first quarter of calendar year 2022; and in the case of each subsequent report, the quarter of the calendar year preceding the report.
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Sec. 342
Reports on limitation on exemption from registration under the Foreign Agents Registration Act of 1938, as amended, for persons filing disclosure reports under the Lobbying Disclosure Act of 1995 who are acting on behalf of Russian entities
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