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ARTICLE · 03 MARCH 2023

PAID OFF Act Introduced In 118th Congress

On February 15, 2023, Sen. John Cornyn (R-TX) introduced the Preventing Adversary Influence, Disinformation and Obscured Foreign Financing (PAID OFF) Act of 2023...

United StatesGovernment, Public Sector

On February 15, 2023, Sen. John Cornyn (R-TX) introduced the Preventing Adversary Influence, Disinformation and Obscured Foreign Financing (PAID OFF) Act of 2023 in an effort to close registration loopholes in the Foreign Agents Registration Act (FARA). Sen. Cornyn (R-TX) is joined in support by Sen. Jim Risch (R-ID), ranking member of the Senate Foreign Relations Committee, as well as a group of bipartisan Senators.

This bill would amend FARA to remove both the trade/commerce and the Lobbying Disclosure Act (LDA) exemptions to FARA registration in cases where a foreign principal is deemed to be a foreign adversary, which have been defined by statute as China, Cuba, Iran, North Korea, Russia, and Syria. As the law currently stands, foreign agents solely representing the bona fide trade or commercial interests of a foreign principal may rely on the trade/commerce exemption to register under FARA.

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