Bill > SB548

This bill introduces comprehensive regulations for foreign agents operating in Montana, requiring individuals representing foreign governments, corporations, or educational institutions to register with the Secretary of State's office. Specifically, foreign agents must pay a $150 registration fee and submit detailed monthly reports about their activities, including meetings with government officials, advocacy efforts, financial transactions, and any contributions to political campaigns. The bill defines a foreign agent as someone who advocates for or against public policy matters, influences political nominations or elections, or seeks to establish relationships between public entities and foreign organizations. Registered foreign agents must disclose their personal information, financial agreements, and affiliations, with additional scrutiny for agents from countries deemed "foreign adversaries." The legislation imposes significant penalties for non-compliance, with fines ranging from $25,000 for late registration to $100,000 for filing false or incomplete reports. The bill also establishes a whistleblower hotline to report violations, with potential compensation for informants. Furthermore, the legislation disqualifies corporations from foreign adversary countries or with significant ownership from foreign adversaries from receiving state economic development incentives, effectively creating additional economic restrictions on certain international entities.

Business and Industry

https://bills.legmt.gov/#/laws/bill/2/LC4265