Last progress February 5, 2025 (10 months ago)
Introduced on February 5, 2025 by Mark B. Messmer
Referred to the House Committee on Education and Workforce.
This bill aims to shine more light on foreign money going to colleges and universities. Schools already must report when they receive large gifts or sign contracts with a foreign source—$250,000 or more, alone or combined. These reports would become public records that anyone can inspect and copy during business hours. The Department of Education must also send an unredacted copy of each report within 30 days to key federal agencies, including the FBI, State, Homeland Security, and others.
Within 90 days after the law takes effect, the Department must share past reports and any records from compliance investigations that started before the law with those same agencies. A federal watchdog will study how agencies can work together better, share information, raise compliance, and enforce the rules, and then publish a public report within three years.