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Countering Russian Influence Act: New Rules for Non-Profit Organizations

This act aims to increase transparency for non-profit organizations receiving funds from Russian entities. It introduces new registration and reporting obligations, allowing citizens to better understand who funds specific activities in the U.S. and how this might impact national policy. The goal is to protect against foreign influence.
Key points
Non-profit organizations receiving money from Russian entities will be required to register as foreign agents.
Detailed disclosure of all agreements and activities funded by Russian entities, including political activities, will be mandatory.
Organizations that received Russian funding since 2014 and engaged in political activities against U.S. energy production must disclose this information.
Failure to submit required statements may result in a fine of up to $10,000.
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Additional Information
Print number: 117_HR_7264
Sponsor: Rep. Budd, Ted [R-NC-13]
Process start date: 2022-03-29