Bill > HR5902

This bill, also known as the Disclose GIFT Act, amends the Higher Education Act of 1965 to require faculty, professional staff, and other staff engaged in research and development at eligible institutions to report foreign gifts and contracts exceeding certain monetary thresholds. The bill mandates these institutions to maintain a publicly available database of the reported information and develop a plan to identify and manage potential foreign espionage risks. The bill also empowers the Secretary of Education to investigate violations and impose civil penalties on institutions that fail to comply with these requirements.