Policy Impact Analysis - 117/S/4987

Bill Overview

Title: Think Tank Transparency Act

Description: This bill requires U.S. nonprofit think tanks to disclose to the Department of Justice any gifts, donations, or contributions from a foreign principal in amounts of $10,000 or greater.  The bill also requires the think tanks to disclose contracts or agreements with foreign principals.

Sponsors: Sen. Grassley, Chuck [R-IA]

Target Audience

Population: People influenced by think tanks

Estimated Size: 331000000

Reasoning

Simulated Interviews

Policy Researcher at a Think Tank (Washington, D.C.)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • I believe transparency is essential and this act will help in establishing trust.
  • There might be some initial adjustment challenges in terms of funding, but it's a positive move in the long run.

Wellbeing Over Time (With vs Without Policy)

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

Political Analyst (New York, NY)

Age: 34 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • This act might make it more clear where the information is coming from, which is beneficial.
  • Potentially it could lead to decreased bias in policy proposals.

Wellbeing Over Time (With vs Without Policy)

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

Public School Teacher (Los Angeles, CA)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 18/20

Statement of Opinion:

  • Honestly, I don't think this policy impacts my life directly.
  • However, if educational policies become more fair, that could be beneficial.

Wellbeing Over Time (With vs Without Policy)

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

Healthcare Policy Advocate (Chicago, IL)

Age: 28 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • This could lead to more transparent healthcare policy proposals.
  • I foresee slight positive changes in my work due to clearer motivations behind policies.

Wellbeing Over Time (With vs Without Policy)

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

Retired Economist (Miami, FL)

Age: 60 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 10/20

Statement of Opinion:

  • More transparency is good for economic analyses and forecasts.
  • May influence future economic policy directions positively.

Wellbeing Over Time (With vs Without Policy)

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

Graduate Student (Austin, TX)

Age: 23 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 14/20

Statement of Opinion:

  • It will be interesting to track how think tanks disclose foreign involvement.
  • May aid academic research by providing clearer data sources.

Wellbeing Over Time (With vs Without Policy)

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

Tech Industry Executive (San Francisco, CA)

Age: 55 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 6.0 years

Commonness: 10/20

Statement of Opinion:

  • Clarifying foreign involvement in think tanks could align policy closer with national interests.
  • Small impact, but transparency can improve industry growth.

Wellbeing Over Time (With vs Without Policy)

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

Freelance Journalist (Denver, CO)

Age: 42 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 7.0 years

Commonness: 14/20

Statement of Opinion:

  • Improving transparency is crucial for public trust.
  • While it may not directly impact personal life, it adds value to my work.

Wellbeing Over Time (With vs Without Policy)

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

Social Worker (Seattle, WA)

Age: 30 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 16/20

Statement of Opinion:

  • Don't foresee a direct effect on my field of work at the moment.
  • Over time, clearer policy influences might help in drafting better social support systems.

Wellbeing Over Time (With vs Without Policy)

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

Lobbyist (Atlanta, GA)

Age: 47 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 11/20

Statement of Opinion:

  • Transparency might mean re-evaluating some partnership strategies.
  • Might align well with ethical lobbying practices.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $8000000 (Low: $5000000, High: $10000000)

Year 2: $8100000 (Low: $5050000, High: $10100000)

Year 3: $8200000 (Low: $5100000, High: $10200000)

Year 5: $8300000 (Low: $5150000, High: $10300000)

Year 10: $8400000 (Low: $5200000, High: $10400000)

Year 100: $8500000 (Low: $5250000, High: $10500000)

Key Considerations