Disclose GIFT Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1999 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1999 To amend the Higher Education Act of 1965 to require staff and faculty to report foreign gifts and contracts, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 10, 2025 Mr. James (for himself and Ms. Foxx) introduced the following bill; which was referred to the Committee on Education and Workforce _______________________________________________________________________ A BILL To amend the Higher Education Act of 1965 to require staff and faculty to report foreign gifts and contracts, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Disclose Getting Involved in Foreign Transactions Act'' or the ``Disclose GIFT Act''. SEC. 2. POLICY REGARDING CONFLICTS OF INTEREST FROM FOREIGN GIFTS AND CONTRACTS. The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.) is amended by inserting after section 117 the following: ``SEC. 117A. INSTITUTIONAL POLICY REGARDING FOREIGN GIFTS AND CONTRACTS TO FACULTY AND STAFF. ``(a) Requirement To Maintain Policy and Database.--Beginning not later than 90 days after the date of enactment of the Disclose GIFT Act, each institution described in subsection (b) shall maintain-- ``(1) a policy requiring covered individuals employed at the institution to disclose in a report to such institution on July 31 of each calendar year that begins after the year in which such enactment date occurs-- ``(A) any gift received from a foreign source in the previous calendar year, the value of which is greater than the minimal value (as such term is defined in section 7342(a) of title 5, United States Code) or is of undetermined value, and including the date on which the gift was r