,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #ccac  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #ac1 #bjbj,mr4
 ,rubio 7= himself1 ,mr4 ,cotton1 & ,mr4
 ,portman7 introduc$ ! foll[+ bill2 :i* 
0 read twice & ref]r$ to ! ,committee on
 ,=eign ,relations  ,a ,,bill  ,to am5d 
! ,=eign ,ag5ts ,regi/ration ,act (     
#aich to limit ! exemption f !          
regi/ration requirem5ts ( su* ,act =    
p]sons engag+ 9 activities 9 fur!rance (
 bona fide religi\s1 s*ola/ic1 academic1
 or sci5tific pursuits or ! f9e arts to 
activities :i* d n promote ! political  
ag5da ( a =eign gov]nm5t1 to am5d !     
,high] ,education ,act ( #aife to cl>ify
 ! disclosures ( =eign gifts by         
in/itutions1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,=eign ,influ5ce ,transp>5cy ,act4  #b4 
,limit+ exemption f =eign ag5t          
regi/ration requirem5t = p]sons engag+ 9
 activities 9 fur!rance ( c]ta9 pursuits
 to activities n promot+ political ag5da
 ( =eign gov]nm5ts  7a7 ,limitation on  

exemption ,section #c7;e7 ( ! ,=eign    
,ag5ts ,regi/ration ,act ( #aich 7#bb   
,u4,s4,c4 #fac7;e77 is am5d$ by /rik+ ! 
semicolon at ! end & ins]t+ ! foll[+3 1 
b only if ! activities d n promote !    
political ag5da ( a gov]nm5t ( a =eign  
c\ntry24  7b7 ,effective date ,! am5dm5t
 made by subsection 7a7 %all apply )    
respect to activities c>ri$ out on or   
aft] ! date ( ! enactm5t ( ?is ,act4    
#c4 ,disclosures ( =eign gifts  7a7 ,9  
g5]al ,section #aag ( ! ,high]          
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajaa;f7 is am5d$-- 7#a7 9 subsection   
7a71 by /rik+ ! value ( :i* is #bej1jjj 
or m1 consid]$ alone or 9 comb9ation )  
all o!r gifts f or contracts ) & ins]t+ 
! value ( :i* is #ej1jjj or m = su* gift
 f or contract )2  7#b7 9 subsection    
7b7-- 7,a7 9 p>agraph 7#a71 9 ! fir/    
s5t5ce1 by ins]t+ be=e ! p]iod at ! end 
! foll[+3 1 & ! cont5t ( ea* su*        
contract2 &  7,b7 9 p>agraph 7#b71 by   
ins]t+ be=e ! p]iod ! foll[+3 1 & !     
cont5t ( ea* su* contract2  7#c7 9      

subsection 7e71 by ins]t+ 1 includ+ !   
cont5ts ( any contracts1 aft] reports2 &
  7#d7 9 subsection 7h77#c71 by ins]t+  
be=e ! semicolon at ! end ! foll[+3 1 or
 ! fair m>ket value ( an 9-k9d gift4    
7b7 ,effective date ,! am5dm5ts made by 
subsection 7a7 %all apply ) respect to  
gifts receiv$ or contracts ent]$ into1  
or o!r activities c>ri$ out1 on or aft] 
! date ( enactm5t ( ?is ,act4