More people and firms would have to report work tied to foreign governments and sovereign wealth funds. The Justice Department could demand records and sworn answers in FARA investigations. Late, missing, or knowingly unfixed filings could bring civil fines.
Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Sovereign Wealth Fund Transparency Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Foreign Relations.
Latest action on S. 1488: Read twice and referred to the Committee on Foreign Relations.
Who this affects: This bill mainly affects people and firms that do work for foreign governments, foreign political parties, and sovereign wealth funds in the United States. It could matter most for law firms, lobbying firms, public relations firms, consultants, and financial firms that handle foreign government-linked work. The Justice Department would get stronger tools to investigate possible FARA violations. Congress would get yearly reports on how those tools are used.
Why this matters: Foreign government-linked work can shape U.S. policy and public debate. This bill could make more of that work public, especially work tied to sovereign wealth funds. It could also make FARA enforcement stronger by letting the Justice Department demand information before filing a case. At the same time, it could raise costs and legal uncertainty for firms that do international business. Some investigation records would stay hidden from public records requests, even though they could still be shared inside government.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
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Officially: Sovereign Wealth Fund Transparency Act
More people and firms would have to report work tied to foreign governments and sovereign wealth funds. The Justice Department could demand records and sworn answers in FARA investigations. Late, missing, or knowingly unfixed filings could bring civil fines.
Use this page to support, oppose, or ask Congress to amend S1488. Modern Action explains Sovereign Wealth Fund Transparency Act in plain English, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Foreign Relations
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Foreign Relations. (4/10/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your senators when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Sovereign Wealth Fund Transparency Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it would do, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S1488, your stance, and the reasons you choose, then lets you edit and send when ready.
