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Think Tank Transparency Act

Source: Congress.gov  ·  4,669 words in original text
This bill requires certain nonprofit and not-for-profit organizations that spend money to influence U.S. government policy or public opinion to report foreign funding to the Attorney General. The bill aims to create transparency about which think tanks and policy organizations receive money from foreign sources. ##
- Nonprofit organizations and not-for-profit social welfare organizations that influence U.S. policy or public opinion - University-affiliated policy research centers that meet certain criteria - The Attorney General (who receives and maintains the reports) - Members of Congress and executive branch officials who receive briefings from these organizations - The general public (who can access the reports) ##
- A covered organization must report foreign gifts, donations or contributions of $10,000 or more to the Attorney General within 90 days of receiving that amount (Sec. 4(a)(1)) - A covered organization must report within 90 days when it signs or changes a contract, agreement or memorandum of understanding with a foreign entity (Sec. 4(a)(2)) - Reports must include the foreign source's identity, the amount of money, any conditions attached to the funding, and any changes made to the organization's structure or research because of the foreign funding (Sec. 4(b)) - When a covered organization provides briefings or testimony to Congress or executive branch officials, it must clearly label who provided foreign funding for that work (Sec. 6(a)) - The Attorney General must make all reports publicly available through a database on the Department of Justice website (Sec. 8(b)) - Organizations that fail to comply face civil penalties of at least $1,000 per day of violation (Sec. 8(c)) ##
If this becomes law, think tanks and policy organizations receiving substantial foreign funding must disclose that funding publicly. Congressional members and executive branch officials will receive written notices about foreign funding tied to any briefings or research presented to them. The public will be able to search a government database to see which think tanks receive foreign money and under what conditions. ##
- **Covered entity**: A nonprofit or not-for-profit organization that spends more than 20 percent of its resources trying to influence U.S. government policy or public opinion, or a university-affiliated center that conducts policy research or hosts events with government officials - **Foreign principal**: A foreign government, foreign political party, a person living outside the U.S., or any organization based in or operating from a foreign country - **Gift, donation or contribution**: Money, property or in-kind gifts given directly or indirectly by a foreign source - **Restricted or conditional gift or contract**: Funding that includes conditions about who works at the organization, what research topics are studied, what gets published, or the foreign source's ability to review or approve the organization's work - **Nonprofit organization**: A tax-exempt organization under federal tax law - **Not-for-profit social welfare organization**: A tax-exempt social welfare organization under federal tax law ##
The law takes effect 120 days after the bill is signed into law.
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.