Requires colleges and universities to file disclosure reports when they are owned or controlled by a foreign source or receive covered foreign gifts or contracts, and requires the Department of Education to transmit those reports to U.S. intelligence agencies. The bill sets reporting thresholds (generally $250,000), requires reporting of any value from sources tied to a specified “covered nation,” and imposes rapid transmission deadlines -- new reports must be sent to the FBI and DNI within 10 days and existing/investigative records must be transmitted within 90 days of enactment.