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Think Tank Transparency Act

Source: Congress.gov  ·  5,227 words in original text
This bill requires certain nonprofit and not-for-profit organizations to report foreign funding to the Attorney General. The bill aims to make public what foreign money these organizations receive and what agreements they have with foreign governments or entities. (Sec. 1, 2, 3) ##
- Nonprofit organizations that spend more than 20 percent of their resources on influencing U.S. public policy or public opinion - Not-for-profit social welfare organizations that meet the same spending threshold - Research units connected to universities that publish policy research or host events with government officials - The Attorney General (who receives and publishes the reports) - Congress (which can request records from these organizations) ##
- Organizations must report to the Attorney General within 90 days after receiving $10,000 or more in gifts, donations, or contributions from a foreign source in a calendar year (Sec. 3) - Organizations must report within 90 days when they enter into or change contracts, agreements, or memoranda of understanding with foreign sources (Sec. 3) - Reports must include the foreign source's identity, the amount of money, any conditions attached to the money, and whether the money influenced the organization's research or programs (Sec. 3) - Organizations must identify on written materials and briefings which foreign sources funded that work if they present research to Congress or executive branch officials (Sec. 5) - The Attorney General must maintain a public database with all disclosed foreign funding information (Sec. 7) - Organizations must keep records about foreign funding for at least 5 years and make them available to the Attorney General or Congress upon request (Sec. 7) ##
If this bill becomes law, nonprofits and not-for-profit organizations will be required to publicly disclose all foreign government funding of $10,000 or more per year. Organizations will also have to report foreign contracts and agreements. Anyone testifying before Congress or briefing executive branch officials from these organizations must identify the foreign funding sources for that work. The Attorney General will create a public database where Americans can see which organizations receive foreign money and from which countries. Organizations that fail to report can be fined at least $1,000 per day of non-compliance. ##
- **Covered Entity**: A nonprofit or not-for-profit social welfare organization that spends more than 20 percent of its resources influencing U.S. public policy or public opinion, or a research unit at a university that publishes policy research or hosts events with government officials (Sec. 8) - **Foreign Principal**: A foreign government, foreign political party, or any person or organization based outside the United States (Sec. 8) - **Gift, Donation, or Contribution**: Any money, property, or in-kind contribution (goods or services instead of money) given directly or indirectly to a covered entity by a foreign source (Sec. 8) - **Restricted or Conditional Gift or Contract**: Foreign funding that includes rules about who researchers must be, which departments get money, what research topics are studied, what can be published, or what the foreign source can review or approve before publication (Sec. 8) - **Conduct Intending to Directly or Indirectly Influence Public Policy or Public Opinion**: Any activity the organization believes will influence any U.S. government agency, official, or the American public regarding how the U.S. makes domestic or foreign policy (Sec. 8) ##
This bill takes effect 120 days after it becomes law. (Sec. 9)
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.