US SB3610

Prohibits any entity controlled by an agent of a covered foreign principal from receiving direct or indirect U.S. financial assistance, including contracts, grants, loans, and cooperative agreements

Defines "covered nations" as 17 countries: North Korea, China, Russia, Iran, Afghanistan, Burkina Faso, Myanmar, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Laos, Libya, Mali, Niger, Sierra Leone, Somalia, South Sudan, Sudan, Syria, and Yemen

Defines "agent of a covered foreign principal" broadly to include anyone acting under the direction or control of a covered nation's government, diplomatic officers, registered lobbyists for covered nations, and those required to register under foreign agent laws

Control is established when officers, executives, directors, partners, or senior managers own a majority or dominant minority of an entity's voting interest

Preserves existing U.S. financial assistance to entities not controlled by foreign agents and does not affect foreign assistance programs as defined under the Foreign Assistance Act of 1962