Bill Summary
This bill seeks to amend the Higher Education Act of 1965 in order to require institutions of higher education to disclose any foreign gifts received by affiliated entities. This includes institutions, as well as nonprofit foundations or other entities that are connected to the institution, such as research, endowment, or alumni foundations. The purpose of this bill is to ensure transparency and accountability in regards to foreign funding for academic institutions. It is also known as the "Academic Institution Research Integrity Act".
Possible Impacts
1. This legislation could affect the financial transparency of institutions of higher education, potentially impacting the way donations and funding from foreign entities are reported and disclosed.
2. It could also affect the operations of affiliated entities, such as research or endowment foundations, requiring them to disclose any foreign gifts received.
3. Individuals working for or associated with institutions of higher education may also be affected, as they may need to disclose any relationships or involvement with foreign entities that could potentially influence their work or research.
[Congressional Bills 116th Congress] [From the U.S. Government Publishing Office] [H.R. 7813 Introduced in House (IH)] <DOC> 116th CONGRESS 2d Session H. R. 7813 To amend the Higher Education Act of 1965 to require disclosures of foreign gifts by entities affiliated with institutions of higher education. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 29, 2020 Mr. Joyce of Pennsylvania introduced the following bill; which was referred to the Committee on Education and Labor _______________________________________________________________________ A BILL To amend the Higher Education Act of 1965 to require disclosures of foreign gifts by entities affiliated with institutions of higher education. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Academic Institution Research Integrity Act''. SEC. 2. DISCLOSURES OF FOREIGN GIFTS REQUIRED FOR AFFILIATED ENTITIES. Section 117(h)(4) of the Higher Education Act of 1965 (20 U.S.C. 1011f(h)(4)) is amended-- (1) by redesignating subparagraphs (A) through (C) as clauses (i) through (iii), respectively, and adjusting the margins accordingly; (2) by striking ``means any institution'' and inserting the following: ``(A) means any institution''; (3) by striking ``and'' at the end and inserting ``or''; and (4) by adding at the end the following: ``(B) means any nonprofit foundation or other entity affiliated with an institution described in subparagraph (A), such as a research, an endowment, or an alumni foundation; and''. <all>