Bill > SB177

This bill aims to increase transparency in political activities within Georgia that may be funded by foreign adversaries by requiring certain entities and individuals to register with the State Ethics Commission. Specifically, it mandates that any "agent of a hostile foreign principal" (defined as someone acting on behalf of a foreign government or entity designated as a foreign adversary by the U.S. Secretary of Commerce, and engaging in political activity) must register and provide detailed information about their activities, funding, and affiliations. Similarly, "foreign supported political organizations" (defined as political groups that have received funds from hostile foreign principals or their agents within the last five years and engage in political activity) must also register annually and report their expenditures and receipts. The bill outlines specific registration and reporting requirements, including financial disclosures and details about the organization's structure and leadership. It also establishes civil penalties for violations, with fines potentially reaching up to $200,000 for willful or repeat offenses, and authorizes the Attorney General to pursue civil actions or criminal investigations. The legislation includes exemptions for certain industry associations and long-standing membership organizations, and it clarifies that it does not apply to entities covered by the federal Protecting Americans from Foreign Adversary Controlled Applications Act.