This legislation amends the Foreign Agents Registration Act (FARA) to enhance transparency regarding foreign influence. It specifically removes certain FARA exemptions for agents representing corporate or government entities that are owned or controlled by identified countries of concern . This aims to prevent adversary influence, disinformation, and obscured foreign financing by ensuring such agents are subject to FARA registration requirements. Furthermore, the bill establishes a new mechanism for modifying the definition of a "country of concern." The Secretary of State, in consultation with the Attorney General, may propose additions or deletions to this list. Any such proposal requires submission to relevant Congressional committees and becomes effective only upon the enactment of a joint resolution of approval by Congress. These amendments, designed to strengthen oversight of foreign agents, are temporary and will terminate five years after the bill's enactment.