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Committee hears wide-ranging foreign-transparency bill; debate centers on university gifts, solar panels and Chinese-made drones; bill deferred for a week

3158090 · April 30, 2025
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Summary

Senate Bill 229, a wide-ranging measure that would expand foreign-agent registration and foreign-gift reporting, restrict incentives tied to certain foreign-ownership ties and limit purchases of some foreign-made drones and solar components, was discussed at length April 30 and deferred for further stakeholder work and a fiscal note.

Senate Bill 229, the Louisiana First Transparency Investing and Reporting Act of 2025, drew extended testimony and questions on April 30 in a Senate Commerce Committee hearing that ranged from foreign-agent registration and higher-education gift reporting to U.S.-made solar panels and restrictions on certain Chinese-made drones and hardware. Committee members voted to defer consideration temporarily to allow more stakeholder input and to await a fiscal note.

Sponsor Senator Miguez said the bill requires agents of foreign adversary nations, as determined by federal agencies, to register and report identifying information, financial transactions and contracts. The sponsor named countries the bill would treat as foreign adversaries, citing examples such as the People’s Republic of China, the Russian Federation, Iran and North Korea.

Brian Sikma, a policy witness who works with national advocacy…

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