Parliament adopts People's Power's bill in first reading

20:46, 07.03.2023

The Georgian Parliament adopted the People’s Power-tabled draft bill on Transparency of Foreign Influence in its first reading, with 76 votes in favour and 13 against.

Parliament Speaker Shalva Papuashvili said the bill would be sent to the Venice Commission for recommendations.

For the record, the draft law on Transparency of Foreign Influence envisages the registration of such media outlets and non-commercial, non-entrepreneurial legal entities as agents of foreign influence if they get more than 20% of a particular revenue from abroad.

According to the proposed legislation, everyone deemed an “agent of foreign influence” must be registered under the same name in the public registry’s database. The received income must be reported at the time of registration.

Organizations will be required to complete the financial declaration every year. The draft allows the Ministry of Justice to conduct monitoring to detect foreign influence agents.

By - Tamar Tabatadze

Politics

People's Power's bill