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Audits of foreign gifts to universities and new taxes on unreported funds.

New regulations introduce mandatory audits for higher education institutions to ensure proper reporting of foreign gifts and contracts. Universities failing to report these funds or receiving them from "countries of concern" will face significant taxes. This aims to increase transparency in university funding and protect national interests.
Key points
Universities will undergo regular audits to verify the reporting of foreign gifts and contracts, ensuring greater transparency.
New, high taxes are imposed on institutions that fail to report foreign funds or receive them from "countries of concern."
Audit results will be publicly available, allowing citizens to review foreign funding of universities.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1684
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2025-05-08
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to require audits of institutions with respect to disclosures of foreign gifts, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1684.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-08.

What are the main provisions?

Key points include:

  • Universities will undergo regular audits to verify the reporting of foreign gifts and contracts, ensuring greater transparency.
  • New, high taxes are imposed on institutions that fail to report foreign funds or receive them from "countries of concern."
  • Audit results will be publicly available, allowing citizens to review foreign funding of universities.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cruz, Ted [R-TX].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education Taxes