Bill > HB1776

This bill establishes a new reporting requirement for higher educational institutions in the state, mandating that they disclose any foreign funding exceeding $50,000 to the Department of Education on a quarterly basis. The bill defines "foreign sources" broadly, including foreign governments, foreign legal entities, non-U.S. citizens, and their agents. Each covered institution (both public and private) must submit a detailed report containing the amount of funding, its purpose, a description of the funding source, and copies of any associated agreements. These reports will be made publicly available on the Department of Education's website and shared with the governor and legislative committee chairs. Institutions that willfully fail to report such funding will face penalties of up to $10,000 per incident and forfeit unreported funds, with the Department of Justice empowered to enforce these provisions. The reporting requirement does not apply to payments made by individual foreign students for their own tuition or related fees. The bill will take effect 60 days after its passage, and while it does not provide additional funding or create new positions, it aims to increase transparency about foreign funding in higher education institutions.

Education

https://gc.nh.gov/bill_Status/billinfo.aspx?id=2135&inflect=2