Policy Impact Analysis - 117/HR/9199

Bill Overview

Title: Preventing Adversary Influence, Disinformation, and Obscured Foreign Financing Act of 2022

Description: 2022 This bill requires certain persons to register as agents of a foreign principal if the foreign principal in question is China, Russia, Iran, North Korea, Cuba, or Syria. 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 one of the countries specified in this bill. The changes made by this bill shall expire on October 1, 2025.

Sponsors: Rep. Pfluger, August [R-TX-11]

Target Audience

Population: People acting as agents of certain foreign governments

Estimated Size: 5000

Reasoning

Simulated Interviews

Lobbyist (Washington D.C.)

Age: 48 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • I understand the necessity of transparency, but it might complicate my work.
  • This adds a burden of extra paperwork and could potentially deter some clients.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 5 6
Year 3 5 6
Year 5 6 7
Year 10 7 8
Year 20 7 8

Corporate Lawyer (New York)

Age: 35 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 3/20

Statement of Opinion:

  • This bill might lead to administrative delays for my clients.
  • Additional compliance could deter new business from these countries.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 7
Year 2 5 7
Year 3 6 7
Year 5 6 8
Year 10 7 8
Year 20 8 9

Public Relations Specialist (Los Angeles)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 1.0 years

Commonness: 5/20

Statement of Opinion:

  • I'm worried about how this will impact my business relations.
  • Many contracts could be at risk if clients feel targeted.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 9 9
Year 10 9 9
Year 20 9 9

International Trade Consultant (Chicago)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • This may narrow the competitive market for my clients.
  • However, it might streamline legitimate operations in the long run.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 5 6
Year 3 6 7
Year 5 6 7
Year 10 7 8
Year 20 7 9

Tech Entrepreneur (San Francisco)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 3/20

Statement of Opinion:

  • This could halt some of our innovative projects.
  • Ensuring compliance will require resources we don't have.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 7
Year 2 5 7
Year 3 6 8
Year 5 6 8
Year 10 7 9
Year 20 8 9

Financial Advisor (Miami)

Age: 55 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • The new compliance requirements could create trust issues.
  • It might be preferable for clients to avoid the U.S. market.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 8
Year 2 6 8
Year 3 7 8
Year 5 7 9
Year 10 8 9
Year 20 8 10

Oil and Gas Executive (Houston)

Age: 40 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 4/20

Statement of Opinion:

  • This could be a barrier to some existing agreements.
  • Greater transparency might identify different strategic opportunities.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 6 7
Year 3 6 8
Year 5 7 8
Year 10 8 9
Year 20 9 9

Cultural Exchange Program Director (Seattle)

Age: 50 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 2.0 years

Commonness: 4/20

Statement of Opinion:

  • We might lose funding from key partners.
  • It could negatively impact the scale of our programs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 8
Year 2 6 8
Year 3 7 9
Year 5 7 9
Year 10 8 9
Year 20 8 9

Academic Researcher (Boston)

Age: 32 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 1.5 years

Commonness: 6/20

Statement of Opinion:

  • This might restrict academic freedoms and collaborations.
  • Increased scrutiny could benefit the integrity of research.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 9
Year 2 8 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Software Developer (Atlanta)

Age: 28 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 1.0 years

Commonness: 7/20

Statement of Opinion:

  • The restrictions may limit my clientele.
  • However, it could also filter serious business partners.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 10 10

Cost Estimates

Year 1: $25000000 (Low: $20000000, High: $30000000)

Year 2: $25000000 (Low: $20000000, High: $30000000)

Year 3: $25000000 (Low: $20000000, High: $30000000)

Year 5: $0 (Low: $0, High: $0)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations