H.R. 5902 · 118th Congress
Disclose GIFT Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
JamesSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Disclose Getting Involved in Foreign Transactions Act or the Disclose GIFT Act
What it does: CRS summary · Introduced in House · Oct 6, 2023
Disclose Getting Involved in Foreign Transactions Act or the Disclose GIFT Act
This bill requires certain institutions of higher education (IHEs) to disclose gifts or contracts between covered individuals (e.g., researchers) and foreign sources. This bill applies to an IHE that (1) is an eligible institution for purposes of federal student aid programs, and (2) has received more than $50,000,000 in federal funds in any of the previous five calendar years to support research and development or that receives certain other federal funds.
Specifically, the bill requires an IHE to maintain
- a policy requiring faculty, professional staff, and other staff engaged in research and development to annually disclose gifts received from, or contracts entered into with, a foreign source;
- a publicly available and searchable database with the disclosed information; and
- a plan to identify and manage potential information gathering by foreign sources through espionage targeting faculty, professional staff, and other staff engaged in research and development that may arise from gifts received from, or contracts entered into with, a foreign source.
The bill requires the Department of Education to investigate possible violations of this bill and outlines the various penalties for each violation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Disclose GIFT Act
Also known as: Disclose Getting Involved in Foreign Transactions Act
Latest action (Oct 25, 2023): Referred to the House Committee on Education and the Workforce.
Policy area: Education · Origin: House · Introduced: Oct 6, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.