Requires colleges to report gifts and contracts from foreign sources to the Education Department, bars contracts with foreign countries and entities of concern unless a one-year waiver is granted, and sets fines for knowing or willful noncompliance.

• Requires institutions to file reports on foreign gifts and contracts valued at $50,000 or more and to post those reports in a searchable public database maintained by the Education Department.
• Prohibits institutions from contracting with foreign countries of concern or foreign entities of concern unless the Education Department issues a waiver, which lasts one year and must be renewed.
• Requires large institutions with more than $6 billion in assets and more than $250 million in investments of concern to file annual investment disclosure reports.
• Directs the Attorney General to bring civil actions against institutions that knowingly or willfully fail to comply, with fines that increase for repeat violations and loss of waiver eligibility.

• Education and Workforce Committee (House)
• Health, Education, Labor, and Pensions Committee (Senate)

Education