OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

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Floor Speech

Date: Feb. 15, 2023
Location: Washington, DC

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Mr. CORNYN. The bill amends the Foreign Agents Registration Act of 1938, as amended, to modify requirements under that act relating to exemptions.

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Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.

This Act may be cited as the ``Preventing Adversary Influence, Disinformation, and Obscured Foreign Financing Act of 2023'' or the ``PAID OFF Act of 2023''. SEC. 2. TREATMENT OF EXEMPTIONS UNDER FARA.

(a) Definition.--Section 1 of the Foreign Agents Registration Act of 1938, as amended (22 U.S.C. 611) is amended by adding at the end the following:

``(q) The term `country of concern' means--

``(1) the People's Republic of China;

``(2) the Russian Federation;

``(3) the Islamic Republic of Iran;

``(4) the Democratic People's Republic of Korea;

``(5) the Republic of Cuba; and

``(6) the Syrian Arab Republic.''.

(b) Exemptions.--Section 3 of the Foreign Agents Registration Act of 1938, as amended (22 U.S.C. 613), is amended, in the matter preceding subsection (a), by inserting ``, except that the exemptions under subsections (d)(1) and (h) shall not apply to any agent of a foreign principal that is a country of concern'' before the colon.

(c) Sunset.--The amendments made by subsections (a) and (b) shall terminate on October 1, 2026. ______

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