[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3610 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 3610

To prohibit the provision of United States financial assistance to any 
 entity that is controlled by an agent of a covered foreign principal.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

              January 8 (legislative day, January 7), 2026

   Mr. Banks introduced the following bill; which was read twice and 
             referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
To prohibit the provision of United States financial assistance to any 
 entity that is controlled by an agent of a covered foreign principal.

    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 ``No Funding for Foreign Agents Act''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Agent of a covered foreign principal.--The term ``agent 
        of a covered foreign principal'' means--
                    (A) any person who acts as an agent, 
                representative, employee, or servant, or in any other 
                capacity at the order, request, or under the direction 
                or control, of a covered foreign principal or of a 
                person any of whose activities are directly or 
                indirectly supervised, directed, controlled, financed, 
                or subsidized in whole or in major part by a covered 
                foreign principal, whether or not that person 
                represents the interests of such foreign principal 
                before any agency or official of the Government of the 
                United States or engages in any official activity 
                within the United States;
                    (B) any duly accredited diplomatic or consular 
                officer of the government of a covered nation who is so 
                recognized by the Department of State;
                    (C) any official of the government of a covered 
                nation whose duties are known by the Department of 
                State;
                    (D) any member of the staff of, or any person 
                employed by, a duly accredited diplomatic or consular 
                officer of the government of a covered nation who is so 
                recognized by the Department of State;
                    (E) any agent of a covered foreign principal who 
                engages in lobbying activities and has registered or 
                would be required to register under section 4 of the 
                Lobbying Disclosure Act of 1995 (2 U.S.C. 1603); and
                    (F) any person who has provided notice to the 
                Attorney General as an agent of a foreign government or 
                would be required to provide such notice under section 
                951 of title 18, United States Code.
            (2) Controlled.--The term ``controlled'' has the meaning 
        given the term ``control'' in section 80.208 of title 31, Code 
        of Federal Regulations, provided that any officer, executive, 
        proprietor, director, partner, senior manager, or combination 
        of agents who together own a majority or a dominant minority of 
        the total outstanding voting interest, of an entity shall be 
        understood to control it for purposes of this Act.
            (3) Covered foreign principal.--The term ``covered foreign 
        principal'' means--
                    (A) the government of a covered nation and any 
                political party in a covered nation;
                    (B) a person in a covered nation, unless such 
                person--
                            (i)(I) is an individual citizen of, and 
                        domiciled within, the United States; and
                            (II) is not an agent of a covered foreign 
                        principal; or
                            (ii)(I) is not an individual;
                            (II) is organized under, or created by, the 
                        laws of the United States or of any State or 
                        other place subject to the jurisdiction of the 
                        United States;
                            (III) has its principal place of business 
                        within the United States; and
                            (IV) is not controlled by an agent of a 
                        covered foreign principal;
                    (C) a partnership, association, corporation, 
                organization, or other combination of persons organized 
                under the laws of, or having its principal place of 
                business in, a covered nation; or
                    (D) any organization named in section 1003 of the 
                Anti-Terrorism Act of 1987 (22 U.S.C. 5202).
            (4) Covered nation.--The term ``covered nation'' means the 
        Democratic People's Republic of Korea, the People's Republic of 
        China, the Russian Federation, the Islamic Republic of Iran, 
        the Islamic Emirate of Afghanistan, Burkina Faso, Myanmar 
        (formerly known as ``Burma''), Chad, Republic of the Congo, 
        Equatorial Guinea, Eritrea, Haiti, Laos, Libya, Mali, Niger, 
        Sierra Leone, Somalia, South Sudan, Sudan, Syria, or Yemen.
            (5) Direct financial assistance.--The term ``direct 
        financial assistance'' means financial assistance from the 
        Government of the United States that is received by an entity 
        selected by the Government or a pass-through entity, including 
        any contract, grant, loan, cooperative agreement, or other 
        agreement.
            (6) Entity.--The term ``entity'' means any partnership, 
        association, corporation, organization, or other combination of 
        individuals.
            (7) Indirect financial assistance.--The term ``indirect 
        financial assistance'' means financial assistance from the 
        Government of the United States that is received by a service 
        provider which is paid by means of a voucher, certificate, or 
        other means of Government-funded payment provided to a 
        beneficiary who is able to choose a service provider.
            (8) Pass-through entity.--The term ``pass-through entity'' 
        means any entity, including a nonprofit or nongovernmental 
        organization, acting under a contract, grant, loan, cooperative 
        agreement, or other agreement with the Government of the United 
        States or with a State or local government in the United States 
        that--
                    (A) accepts direct financial assistance as a 
                primary recipient or grantee; and
                    (B) distributes such assistance to other 
                organizations that provide services.
            (9) Person.--The term ``person'' means any individual, 
        partnership, association, corporation, organization, or other 
        combination of individuals.

SEC. 3. RESTRICTION ON UNITED STATES FINANCIAL ASSISTANCE.

    Any entity that is controlled by an agent of a covered foreign 
principal is ineligible to receive direct financial assistance or 
indirect financial assistance.

SEC. 4. RULE OF CONSTRUCTION.

    Nothing in this Act may be construed to terminate--
            (1) United States financial assistance to entities that are 
        not controlled by an agent of a covered foreign principal; or
            (2) any foreign assistance (as defined in section 634(b)(1) 
        of the Foreign Assistance Act of 1962 (22 U.S.C. 2394(b)(1))).
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