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LA SB473
LA SB473Provides relative to foreign interest in certain Louisiana research facilities. (7/1/23) (EN INCREASE SG EX See Note)
summary
Introduced
04/05/2022
04/05/2022
In Committee
05/24/2022
05/24/2022
Crossed Over
05/12/2022
05/12/2022
Passed
06/06/2022
06/06/2022
Dead
Signed/Enacted/Adopted
06/18/2022
06/18/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT To enact R.S. 17:1818.1 through 1818.3, relative to foreign sources of funds; to provide for reporting of certain foreign sources of monies used as gifts or grants or in contracts involving certain postsecondary education institutions; to provide for use of certain monies to fund employment of and study by foreign students and faculty; and to provide for related matters.
AI Summary
This bill enacts the "Higher Education Foreign Security Act of 2022" in Louisiana. It requires postsecondary education institutions to report any gifts of $50,000 or more from foreign sources, and to screen foreign researchers and monitor foreign travel by faculty and staff. The bill aims to increase transparency and security around foreign influence in Louisiana's research facilities. It establishes penalties for non-compliance and requires audits by the legislative auditor. The bill is effective July 1, 2023.
Committee Categories
Budget and Finance, Education, Justice
Sponsors (4)
Last Action
Effective date 7/1/2023. (on 06/18/2022)
Official Document
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