Passing the “DETERRENT Act” (HR 1048)

The bill

DETERRENT Act

Topic: Education

What the bill does

This bill expands oversight and disclosure requirements related to foreign sources and institutions of higher education (IHEs). Specifically, the bill requires an IHE to annually disclose to the Department of Education (ED) any year in which the IHE - receives a gift from a foreign country of concern (e.g., China or Russia) or foreign entity of concern of any dollar amount; - receives a gift or contract from a foreign source (other than a foreign country of concern or foreign entity of concern) that is valued at $50,000 or more, considered alone or in combination with all other gifts or contracts within a calendar year (current disclosure threshold is $250,000 or more), or which has an undetermined monetary value; - enters into a contract with a foreign country of concern or foreign entity of concern after receiving a waiver for such contract; or - is substantially controlled by a foreign source.

Source: Congressional Research Service summary

Bill on congress.gov(opens in a new tab)