Foreign agents; Certain foreign agents and foreign political organizations required to register with Secretary of State, civil penalties imposed for violations
What changed between versions
The term 'hostile foreign principal' was changed to 'foreign principal,' and the specific list of 'hostile foreign countries' was replaced with a new definition of 'foreign country' that includes the same four nations but removes the 'hostile' label.
A new criterion was added to define a 'foreign principal,' requiring that domestic entities be at least 20% beneficially owned by a foreign country, alien, or entity to be included under the bill.
New findings were added acknowledging that foreign-owned companies employing Alabama residents contribute to the state's economy, aiming to exempt or protect these specific entities from the bill's restrictions.
The registration requirements were modified to apply to 'agents of certain foreign principals' rather than 'agents of hostile foreign principals,' expanding the group of people required to register.