Preventing Adversary Influence, Disinformation, and Obscured Foreign Financing Act of 2022 or the PAID OFF Act of 2022
This bill requires certain persons to register as agents of a foreign principal if the foreign principal in question is a foreign adversary.
For the purposes of this bill, a foreign adversary is a foreign government or person (individual or entity) that has engaged in a long-term pattern of conduct significantly adverse to U.S. national security or the security and safety of U.S. persons.
Currently, the Foreign Agents Registration Act exempts certain agents from the act's registration requirements, including agents (1) engaged only in private and nonpolitical activities to advance a foreign principal's bona fide trade or commerce interests, or (2) engaged in certain lobbying activities and where the agent has registered as a lobbyist. Under this bill, these exemptions shall not apply if the foreign principal is a foreign adversary.
To amend the Foreign Agents Registration Act of 1938, as amended, to 
  modify requirements under that Act relating to exemptions, and for 
                            other purposes.

    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 2022'' or the 
``PAID OFF Act of 2022''.

SEC. 2. TREATMENT OF EXEMPTIONS UNDER FARA.

    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 listed as a foreign adversary (as defined in section 8(c) of the 
Secure and Trusted Communications Networks Act of 2019 (47 U.S.C. 
1607(c))) in accordance with that Act'' before the colon.
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PAID OFF Act of 2022
A bill to amend the Foreign Agents Registration Act of 1938, as amended, to modify requirements under that Act relating to exemptions, and for other purposes.
PAID OFF Act of 2022
Preventing Adversary Influence, Disinformation, and Obscured Foreign Financing Act of 2022
Sen. Cornyn, John