Ethics - As introduced, prohibits a person from acting as an agent of a hostile foreign principal unless the person has filed a registration statement with the Tennessee ethics commission; requires each foreign-supported political organization to register with the Tennessee ethics commission. - Amends TCA Title 3, Chapter 6 and Title 4.

HB 471 requires individuals acting as agents for governments of China, Russia, North Korea, or Iran to register with the Tennessee Ethics Commission. It also mandates registration for political organizations receiving funding from these foreign entities. Registration involves disclosing detailed information about the agent's business, funding sources, and political activities. The law aims to increase transparency about foreign influence in Tennessee politics, specifically for activities related to state policies or elections.