,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gaej  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ah1 #bjbb,mr4   
,banks introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,education &  
,labor1 & 9 addition to ! ,committees on
 ,f9ancial ,s]vices1 ,=eign ,affairs1 & 
,en]gy & ,comm]ce1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,high]   
,education ,act ( #aife to /r5g!n       
ov]sight & disclosures relat+ to =eign  
support = in/itutions ( high] education1
 & = o!r purposes4  #a4 ,disclosures (  
=eign gifts & contracts  7a7 ,9 g5]al   
,section #aag ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajaa;f7 is     
am5d$ to read z foll[s3  #aag4          
,disclosures ( =eign gifts & contracts  
7a7 ,disclosures  7#a7 ,aggregate gifts 
& contracts  7,a7 ,disclosure requir$   
,except z provid$ 9 subsection 7b71     
:5ev] an in/itution receives a gift f or

 ent]s into a contract ) a =eign s\rce1 
! value ( :i* is #ej1jjj or m1 consid]$ 
alone or 9 comb9ation ) all o!r gifts f 
or contracts ) t =eign s\rce )9 a cal5d>
 ye> ! in/itution %all file a disclosure
 report ) ! ,(fice = ,=eign ,gifts &    
,contracts ,ov]sight on ,janu>y #ca or  
,july #ca1 :i*ev] is soon]4  7,b7       
,cont5ts ( disclosure ,ea* report "u    
subp>agraph 7,a7 %all include ! foll[+3 
7i7 ,= gifts receiv$ f or contracts     
ent]$ into ) a =eign gov]nm5t1 !        
aggregate am\nt ( su* gifts & contracts 
receiv$ f ea* =eign gov]nm5t1 includ+ ! 
cont5t ( ea* su* contract4  7ii7 ,=     
gifts receiv$ f or contracts ent]$ into 
) a =eign s\rce o!r ?an a =eign         
gov]nm5t1 ! aggregate doll> am\nt ( su* 
gifts & contracts attributable to a     
p>ticul> c\ntry1 ! legal or =mal "n ( ! 
=eign s\rces1 & ! cont5t ( ea* su*      
contract4  7,c7 ,attribution ,= purposes
 ( subp>agraph 7,b77ii71 ! c\ntry to :i*
 a gift or contract is attributable is--
 7i7 9 ! case ( a gift f or contract    

ent]$ into ) a =eign s\rce :o is a      
natural p]son1 t p]son's c\ntry (       
citiz5%ip1 or if unkn[n1 t p]son's      
pr9cipal c\ntry resid5ce2 or  7ii7 9 !  
case ( a gift f or contract ent]$ into )
 a =eign s\rce :i* is a legal entity1 ! 
entity's pr9cipal place ( bus9ess or1 if
 unkn[n1 ! entity's c\ntry (            
incorporation4  7#b7 ,gifts or contracts
 ) undet]m9$ monet>y value  7,a7        
,disclosure requir$ ,except z provid$ 9 
subsection 7b71 :5ev] an in/itution     
receives a gift f or ent]s into a       
contract ) a =eign s\rce ! value ( :i*  
is n readily asc]ta9able1 ! in/itution  
%all file a disclosure report ) ! ,(fice
 = ,=eign ,gifts & ,contracts ,ov]sight 
on ,janu>y #ca or ,july #ca1 :i*ev] is  
soon]4  7,b7 ,cont5ts ( disclosure ,ea* 
report "u subp>agraph 7,a7 %all include 
! in=mation describ$ 9 p>agraph         
7#a77;,b74  7#c7 ,own]%ip or control by 
=eign s\rce  7,a7 ,disclosure requir$   
,:5ev] an in/itution is own$ or         
controll$ by a =eign s\rce ! in/itution 

%all file a disclosure report ) ! ,(fice
 = ,=eign ,gifts & ,contracts ,ov]sight 
on ,janu>y #ca or ,july #ca1 :i*ev] is  
soon]4  7,b7 ,cont5ts ( disclosure ,ea* 
report "u subp>agraph 7,a7 %all include 
! foll[+3 7i7 ! in=mation describ$ 9    
p>agraph 7#a77;,b7 7)\t reg>d to any    
gift or contract ?re%old describ$ 9     
p>agraph 7#a77;,a772  7ii7 ! id5tity ( !
 =eign s\rce t owns or controls !       
in/itution2  7iii7 ! date on :i* ! =eign
 s\rce assum$ own]%ip or control2 &     
7iv7 any *anges 9 ! programs or         
organizational /ructure ( ! in/itution  
result+ f ! *ange 9 own]%ip or control4 
7#d7 ,re/rict$ & conditional gifts  7,a7
 ,disclosure requir$ ,except z provid$ 9
 subsection 7b71 :5ev] any in/itution   
receives a re/rict$ or conditional gift 
f or ent]s into a re/rict$ or           
conditional contract ) a =eign s\rce    
7reg>dless ( ! value ( su* gift or      
contract7 ! in/itution %all file a      
disclosure report ) ! ,(fice = ,=eign   
,gifts & ,contracts ,ov]sight on ,janu>y

 #ca or ,july #ca1 :i*ev] is soon]4     
7,b7 ,cont5ts ( disclosure ,ea* report  
"u subp>agraph 7,a7 %all include !      
foll[+3 7i7 ,nongov]nm5tal s\rces ,=    
gifts receiv$ f or contracts ent]$ into 
) a =eign s\rce o!r ?an a =eign         
gov]nm5t1 ! am\nt1 ! date1 & a          
description ( su* conditions or         
re/rictions4 ,! report %all also        
disclose ! c\ntry ( citiz5%ip1 or if    
unkn[n1 ! pr9cipal resid5ce = a =eign   
s\rce :o is a natural p]son1 & ! c\ntry 
( incorporation1 or if unkn[n1 !        
pr9cipal place ( bus9ess = a =eign s\rce
 :i* is a legal entity4  7ii7           
,gov]nm5tal s\rces ,= gifts receiv$ f or
 contracts ent]$ into ) a =eign         
gov]nm5t1 ! am\nt1 ! date1 a description
 ( su* conditions or re/rictions1 & ! "n
 ( ! =eign gov]nm5t4  7b7 ,limitation on
 acceptance ( c]ta9 gifts & contracts   
7#a7 ,approval requir$ ,an in/itution   
may n accept a gift or ent] into a      
contract describ$ 9 p>agraph 7#c7       
unless-- 7,a7 ! in/itution files a      

disclosure report ) ! ,(fice = ,=eign   
,gifts & ,contracts ,ov]sight t         
includes-- 7i7 ! doll> am\nt ( ! int5d$ 
gift or contract2  7ii7 all t]ms &      
conditions ( ! int5d$ gift or contract2 
&  7iii7 ! legal or =mal "n ( ! =eign   
s\rce or associate ( a =eign adv]s>y t  
int5ds to make ! gift or ent] into !    
contract &-- 7,i7 9 ! case ( a =eign    
s\rce or associate ( a =eign adv]s>y :o 
is a natural p]son1 t p]son's c\ntry (  
citiz5%ip1 or if unkn[n1 t p]son's      
pr9cipal c\ntry ( resid5ce2 or  7,,ii7 9
 ! case ( a =eign s\rce or associate ( a
 =eign adv]s>y :i* is a legal entity1 ! 
entity's pr9cipal place ( bus9ess1 if   
unkn[n1 ! entity's c\ntry (             
incorporation2  7,b7 an au?oriz$ (ficial
 ( ! in/itution c]tifies to ! ,secret>y 
t acceptance ( ! gift or contract-- 7i7 
w n pose risks to ! national security   
int]e/s ( ! ,unit$ ,/ates2  7ii7 w n    
compromise ! competitiv5ess ( ! ,unit$  
,/ates 9 ! field to :i* ! gift or       
contract p]ta9s2 &  7iii7 w n result 9  

any re/rictions on academic fre$om or   
disc\rse1 includ+ by influ5c+ ! hir+ (  
faculty1 ! acceptance ( /ud5ts1 or !    
cont5t ( in/ruction 9 a mann] favorable 
to ! int]e/s ( ! =eign s\rce or         
associate ( a =eign adv]s>y t int5ds to 
make ! gift or ent] into ! contract2 &  
7,c7 ! ,secret>y1 act+ ?r\gh ! ,(fice = 
,=eign ,gifts & ,contracts ,ov]sight--  
7i7 ?or\ghly reviews & v]ifies !        
in=mation submitt$ by ! in/itution "u   
subp>agraphs 7,a7 & 7,b72  7ii7 makes a 
det]m9ation1 9 writ+1 to approve ! gift 
or contract2 &  7iii7 transmits su*     
approval to ! in/itution4  7#b7 ,notice 
( disapproval ,if ! ,secret>y           
disapproves a gift or contract "u       
p>agraph 7#a77;,c7 ! ,secret>y %all     
transmit notice ( su* disapproval to !  
in/itution4  7#c7 ,gifts & contracts    
describ$ ,! gifts & contracts describ$ 9
 ?is p>agraph are ! foll[+3 7,a7 ,any   
gift f or contract ) an associate ( a   
=eign adv]s>y ! value ( :i* is #aj1jjj  
or m1 consid]$ alone or 9 comb9ation )  

all o!r gifts f or contracts ) su* p]son
 or entity4  7,b7 ,any gift f or        
contract ) a =eign s\rce 7reg>dless ( ! 
value ( su* gift or contract7 t relates 
to ! rese>*1 developm5t1 or production (
 critical te*nologies &1 9 consid]ation 
= :i*1 a =eign s\rce w\ld be grant$     
access to mat]ial nonpublic te*nical    
in=mation held by an in/itution4  7#d7  
,crit]ia = height5$ scrut9y ,9 mak+ a   
det]m9ation :e!r to approve or          
disapprove a gift or contract "u        
p>agraph 7#a77;,c71 ! ,secret>y %all    
apply a height5$ /&>d ( scrut9y to any  
gift or contract t relates to "o or m ( 
! foll[+3 7,a7 ,critical te*nologies4   
7,b7 ,biote*nology4  7,c7               
,ph>maceuticals4  7,d7 ,artificial      
intellig5ce4  7,e7 ,quantum comput+4    
7,f7 ,ma*9e le>n+4  7,g7 ,te*nologies ) 
milit>y applications4  7,h7 ,any o!r    
area ( sci5ce1 te*nology1 eng9e]+1 or   
ma!matics4  7d7 ,availability (         
docum5tation ,z "p ( ea* disclosure     
requir$ "u ?is section1 an in/itution   

%all provide to ! ,secret>y an assurance
 t ! in/itution w1 ^u reque/ ( !        
,secret>y1 produce true copies ( any    
docum5tation relat+ to any gift1        
contract1 or *ange 9 own]%ip or control 
subject to su* disclosure requirem5ts4  
7e7 ,translations ,ea* report requir$ to
 be submitt$ "u ?is section & any       
docum5tation made available "u          
subsection 7d7 %all be provid$ 9 !      
,engli% language4 ,if any "p ( su*      
report or docum5tation requires         
translation f ano!r language into       
,engli% = purposes ( meet+ ! requirem5ts
 ( ?is subsection1 ! in/itution %all    
ensure t ! translation is p]=m$ by a    
?ird p>ty unaffiliat$ ) in/itution or ! 
=eign s\rce conc]n$4  7f7 ,relation to  
o!r report+ requirem5ts  7#a7 ,/ate     
requirem5ts ,if an in/itution subject to
 ! disclosure requirem5ts ( subsection  
7a7 is )9 a ,/ate :i* has enact$        
requirem5ts = public disclosure ( gifts 
f or contracts ) a =eign s\rce t are    
sub/antially simil> to ! requirem5ts (  

?is section1 a copy ( ! disclosure      
report fil$ ) ! ,/ate may be fil$ ) !   
,secret>y 9 lieu ( a report requir$ "u  
su* subsection4 ,! ,/ate 9 :i* !        
in/itution is locat$ %all provide to !  
,secret>y su* assurances z ! ,secret>y  
may require to e/abli% t ! in/itution   
has met ! requirem5ts = public          
disclosure "u ,/ate law if ! ,/ate      
report is fil$4  7#b7 ,use ( o!r ,f$]al 
reports ,if an in/itution receives a    
gift f1 or ent]s into a contract )1 a   
=eign s\rce1 :]e any o!r dep>tm5t1      
ag5cy1 or bureau ( ! executive bran*    
requires a report conta9+ requirem5ts   
sub/antially simil> to ^? requir$ "u ?is
 section1 a copy ( ! report may be fil$ 
) ! ,secret>y 9 lieu ( a report requir$ 
"u subsection 7a74  7g7 ,public         
,disclosure & ,modification ( ,reports  
7#a7 ,9 g5]al ,n lat] ?an #cj days aft] 
receiv+ a disclosure report "u ?is      
section1 ! ,secret>y %all make ! full   
text ( ! report publicly available on ! 
database e/abli%$ "u p>agraph 7#b74     

7#b7 ,database ,! ,secret>y ( ,education
 %all e/abli% a database ( ! reports    
submitt$ to ! ,secret>y "u ?is section4 
,! database %all be ho/$ on a publicly  
accessible website ( ! ,dep>tm5t (      
,education & ! reports po/$ to !        
database %all be made available 9 an    
electronic =mat t-- 7,a7 includes ! full
 text ( ea* report & any support+       
docum5tation relat+ to ! report2  7,b7  
is d[nloadable1 se>*able1 & sortable2 & 
7,c7 all[s a us] ( ! database to comp>e 
in/itutions bas$ on ! types & am\nts (  
=eign support receiv$ by su*            
in/itutions4  7h7 ,modifications ,!     
,secret>y %all e/abli% a process to     
enable in/itutions to revise & update   
previ\sly fil$ disclosure reports "u ?is
 section to ensure accuracy1 compliance1
 & ability to cure4  7i7 ,sanctions =   
,noncompliance  7#a7 ,9 g5]al ,z a      
sanction = noncompliance ) ! requirem5ts
 ( ?is section1 ! ,secret>y ( ,education
 %all impose a f9e on an in/itution t1 9
 any ye>1 kn[+ly or willfully violates  

?is section1 t is-- 7,a7 9 an am\nt     
equal to at lea/ #aj p]c5t ( ! value ( !
 gift or contract b n m ?an ! total     
am\nt ( ! gift or contract ) ! =eign    
s\rce 9 ! case (-- 7i7 a failure to     
disclose a gift or contract ) a =eign   
s\rce z requir$ "u ?is section2 or  7ii7
 a failure to comply ) subsection 7d7 or
 7e7 ) respect to su* gift or contract2 
7,b7 9 an am\nt t is n m ?an #be p]c5t (
 ! total am\nt ( fund+ receiv$ by !     
in/itution "u ?is ,act1 z describ$ 9    
p>agraph 7#c71 = ! ye> 9 :i* ! violation
 occurr$ 9 ! case (-- 7i7 a failure to  
disclose own]%ip or control by a =eign  
s\rce 9 violation ( ! requirem5ts (     
subsection 7a77#c72 or  7ii7 a failure  
to comply ) subsection 7d7 or 7e7 )     
respect to su* disclosure2 or  7,c7 9 ! 
case ( a failure to comply ) subsection 
7b7-- 7i7 9 an am\nt equal to ! value ( 
! gift or contract2 or  7ii7 n less ?an 
#ej1jjj if ! gift or contract is (      
undet]m9$ monet>y value4  7#b7 ,repeat$ 
failures  7,a7 ,kn[+ & willful failures 

,9 addition to a f9e = a violation 9 any
 ye> 9 accordance ) p>agraph 7#a71 !    
,secret>y ( ,education %all impose a f9e
 on an in/itution t kn[+ly & willfully  
fails 9 two consecutive ye>s to comply )
 ! requirem5ts ( ?is section1 t is-- 7i7
 9 an am\nt t is n less ?an #ajj1jjj b n
 m ?an twice ! am\nt ( ! gift or        
contract ) ! =eign s\rce1 9 ! case (--  
7,i7 a failure to disclose a gift or    
contract ) a =eign s\rce z requir$ "u   
?is section2 or  7,,ii7 a failure to    
comply ) subsection 7d7 or 7e7 ) respect
 to su* gift or contract2 or  7ii7 9 an 
am\nt t is n m ?an #be p]c5t ( ! total  
am\nt ( fund+ receiv$ by ! in/itution "u
 ?is ,act = ! ye> 9 :i* ! violation     
occurr$ 9 ! case (-- 7,i7 a failure to  
disclose own]%ip or control by a =eign  
s\rce 9 violation ( ! requirem5ts (     
subsection 7a77#c72 or  7,,ii7 a failure
 to comply ) subsection 7d7 or 7e7 )    
respect to su* disclosure4  7,b7        
,sanction = repeat$ violation ( gift &  
contract acceptance rules ,if an        

in/itution kn[+ly & willfully violates a
 provision ( subsection 7b7 m ?an once 9
 a p]iod ( two consecutive ye>s1 z      
det]m9$ by ! ,secret>y1 ! ,secret>y %all
 decl>e ! in/itution to be ineligible to
 receive funds & p>ticipate 9 programs  
"u ?is ,act = a p]iod ( up to five ye>s4
  7#c7 ,calculation ( p5alty ,= purposes
 ( p>agraphs 7#a77;,b7 & 7#b77;,a77ii71 
! total am\nt ( fund+ receiv$ by an     
in/itution "u ?is ,act does n include   
any am\nts receiv$ by ! in/itution f or 
on behalf ( an individual /ud5t t are   
d]iv$ f a grant or /ud5t loan made "u   
?is ,act4  7j7 ,au?ority ,to t]m9ate or 
modify transactions ,z a condition (    
receiv+ a gift f or ent]+ into a        
contract ) a =eign s\rce or an associate
 ( a =eign adv]s>y1 an in/itution & any 
o!r p>ty to su* gift or contract %all   
agree t ! ,(fice = ,=eign ,gifts &      
,contracts ,ov]sight %all h ! au?ority--
 7#a7 to review su* gift or contract at 
any "t2 &  7#b7 if ! ,(fice det]m9es t  
su* gift or contract poses a risk to !  

national security int]e/s ( ! ,unit$    
,/ates1 ! ,(fice may-- 7,a7 t]m9ate or  
modify su* gift or contract2 or  7,b7   
require ! in/itution to pay to !        
,secret>y an am\nt equal to ! value (   
su* gift or contract4  7k7 ,rule (      
con/ruction ,no?+ 9 ?is section %all be 
con/ru$ to require ! disclosure or      
approval by ! ,dep>tm5t ( ,education ( a
 tuition agreem5t or o!r agreem5t ent]$ 
into betwe5 an in/itution & an          
individual /ud5t 9 ! regul> c\rse ( !   
/ud5t's enrollm5t at ! in/itution4  7l7 
,def9itions ,9 ?is section3 7#a7 ,! t]m 
associate ( a =eign adv]s>y means-- 7,a7
 a natural p]son 7reg>dless ( ! p]son's 
citiz5%ip1 nationality1 or pr9cipal     
place ( resid5ce7 :o d]ives a sub/antial
 am\nt ( income f bus9ess activities ) a
 =eign adv]s>y2 &  7,b7 a legal entity  
7reg>dless ( entity's c\ntry (          
incorporation or pr9cipal place (       
bus9ess7 t d]ives a sub/antial am\nt (  
rev5ue or income f bus9ess activities ) 
a =eign adv]s>y4  7#b7 ,! t]m contract  

means any legally b9d+ agreem5t1 includ+
 any agreem5t = ! acquisition by        
pur*ase1 lease1 or b>t] ( prop]ty or    
s]vices by ! =eign s\rce1 = ! direct    
b5efit or use ( ei!r ( ! p>ties4  7#c7  
,! t]m critical te*nologies has ! mean+ 
giv5 t t]m section #hja4bjd ( title #ca1
 ,code ( ,f$]al ,regulations 7or any    
successor to su* regulation74  7#d7 ,!  
t]m =eign adv]s>y means-- 7,a7 ,cuba2   
7,b7 ! ,democratic ,p's ,republic (     
,nor? ,korea2  7,c7 ! ,islamic ,republic
 ( ,iran2  7,d7 ! ,p's ,republic ( ,*9a 
7includ+ ! ,hong ,kong ,special         
,adm9i/rative ,region & ! ,macau        
,special ,adm9i/rative ,region72  7,e7 !
 ,russian ,f$]ation2 &  7,f7 any o!r    
nation designat$ z a =eign adv]s>y by ! 
,dep>tm5t ( ,comm]ce = purposes ( !     
implem5tation ( ,executive ,ord] #achgc 
7#hd ,f$4 ,reg4 #bbfhi71 titl$ ,secur+ !
 ,in=mation & ,communications ,te*nology
 & ,s]vices ,supply ,*a91 & dat$ ,may   
#ae1 #bjai4  7#e7 ,! t]m =eign s\rce    
means-- 7,a7 a =eign gov]nm5t1 includ+  

an ag5cy ( a =eign gov]nm5t2  7,b7 a    
legal entity1 gov]nm5tal or o!rwise1    
creat$ solely "u ! laws ( a =eign /ate  
or /ates2  7,c7 an individual :o is n a 
citiz5 or a national ( ! ,unit$ ,/ates  
or a tru/ t]ritory or protectorate !re(2
  7,d7 an ag5t1 includ+ a subsidi>y or  
affiliate ( a =eign legal entity1 act+  
on behalf ( a =eign s\rce2 or  7,e7 any 
individual or legal entity t1 9 ! p]iod 
( "o ye> prec$+ ! date on :i* !         
individual or entity made a gift to or  
ent]$ into a contract ) an in/itution-- 
7i7 receiv$ a total ( #ajj1jjj or m 9   
funds or subsidies f a =eign gov]nm5t2  
or  7ii7 g5]at$ at lea/ #dj p]c5t ( !   
individual or entity's income or rev5ue 
9 a =eign c\ntry & ! pr9cipal place (   
resid5ce or bus9ess ( su* individual or 
entity is 9 t =eign c\ntry2  7#f7 ! t]m 
gift means any gift ( money1 prop]ty1 or
 s]vices2  7#g7 ! t]m in/itution means--
 7,a7 any in/itution1 public or private1
 or1 if a multicampus in/itution1 any   
s+le campus ( su* in/itution1 9 any     

,/ate1 t-- 7i7 is legally au?oriz$ )9   
su* ,/ate to provide a program (        
education beyond second>y s*ool2  7ii7  
provides a program = :i* ! in/itution   
aw>ds a ba*elor's degree 7or provides n 
less ?an a #b-ye> program :i* is        
acceptable = full cr$it t[>d su* a      
degree7 or m advanc$ degrees2 &  7iii7  
is accr$it$ by a nationally recogniz$   
accr$it+ ag5cy or association & to :i*  
in/itution ,f$]al f9ancial assi/ance is 
ext5d$ 7directly or indirectly ?r\gh    
ano!r entity or p]son71 or :i*          
in/itution receives support f ! ext5sion
 ( ,f$]al f9ancial assi/ance to any ( ! 
in/itution's subunits2 &  7,b7 any      
organization associat$ ) or o!rwise     
connect$ to an in/itution describ$ 9    
subp>agraph 7,a71 includ+ a univ]sity   
f\ndation 7z describ$ 9 section         
#eji7;a77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf7 or a nonpr(it organization 7z  
describ$ 9 section #eja7;c77#c7 ( !     
,int]nal ,rev5ue ,code ( #aihf72  7#h7 !
 t]m re/rict$ or conditional gift or    

contract means any end[m5t1 gift1 grant1
 contract1 aw>d1 pres5t1 or prop]ty (   
any k9d :i* includes provisions reg>d+--
 7,a7 ! employm5t1 assignm5t1 or        
t]m9ation ( faculty2  7,b7 ! e/abli%m5t 
( dep>tm5ts1 c5t]s1 rese>* or lecture   
programs1 or new faculty positions2     
7,c7 ! selection or admission ( /ud5ts2 
or  7,d7 ! aw>d ( grants1 loans1        
s*ol>%ips1 fell[%ips1 or o!r =ms (      
f9ancial aid re/rict$ to /ud5ts ( a     
specifi$ c\ntry1 religion1 sex1 e?nic   
orig91 or political op9ion4  4  7b7     
,effective date & applicability ,!      
am5dm5ts made by subsection 7a7 %all    
take effect #ij days aft] ! date (      
enactm5t ( ?is ,act & %all apply )      
respect to gifts1 contracts1 & *anges 9 
! own]%ip or control ( an in/itution    
occurr+ on or aft] su* effective date4  
7c7 ,regulations ,n lat] ?an ! effective
 date specifi$ 9 subsection 7b71 !      
,presid5t %all promulgate regulations   
implem5t+ section #aag ( ! ,high]       
,education ,act ( #aife 7#bj ,u4,s4,c4  

#ajaa;f71 z am5d$ by subsection 7a74    
#b4 ,(fice = ,=eign ,gifts & ,contracts 
,ov]sight  7a7 ,e/abli%m5t ,"p ,b (     
title ,i ( ! ,high] ,education ,act (   
#aife 7#bj ,u4,s4,c4 #ajaa et seq47 is  
am5d$ by ins]t+ aft] section #aag !     
foll[+3  #aag;a4 ,(fice = ,=eign ,gifts 
& ,contracts ,ov]sight  7a7 ,e/abli%m5t 
,!re is e/abli%$ )9 ! ,(fice ( !        
,secret>y ( ,education an ,(fice =      
,=eign ,gifts & ,contracts ,ov]sight    
7ref]r$ to 9 ?is section z ! ,(fice74   
7b7 ,head ( ,(fice ,! head ( ! ,(fice   
%all be ! designee ( ! ,secret>y4  7c7  
,responsibilities ,! responsibilities ( 
! ,(fice %all be-- 7#a7 to monitor !    
compliance ( in/itutions ) section #aag2
  7#b7 to en=ce ! requirem5ts ( su*     
section ) respect to su* in/itutions2   
7#c7 to repres5t ! ,dep>tm5t (          
,education on ! ,committee on ,=eign    
,inve/m5t 9 ! ,unit$ ,/ates2 &  7#d7 to 
c>ry out su* o!r duties &               
responsibilities relat+ to =eign        
influ5ce ov] in/itutions z ! ,secret>y  

det]m9es appropriate4  7d7 ,/aff ,!     
,secret>y %all ensure t ! ,(fice is     
/aff$ by individuals ) suffici5t        
exp]tise to c>ry out ! responsibilities 
specifi$ 9 subsection 7c74  4  7b7      
,effective date & applicability ,!      
am5dm5ts made by subsection 7a7 %all    
take effect #ij days aft] ! date (      
enactm5t ( ?is ,act4  7c7 ,regulations  
,n lat] ?an ! effective date specifi$ 9 
subsection 7b71 ! ,presid5t %all        
promulgate regulations implem5t+ section
 #aag;a ( ! ,high] ,education ,act (    
#aife1 z add$ by subsection 7a74  #c4   
,inclusion ( ,(fice = ,=eign ,gifts &   
,contracts ,ov]sight 9 ! ,committee on  
,=eign ,inve/m5t 9 ! ,unit$ ,/ates  7a7 
,memb]%ip ( ! ,committee on ,=eign      
,inve/m5t 9 ! ,unit$ ,/ates ,section    
#gba7k77#b7 ( ! ,def5se ,production ,act
 ( #aiej 7#ej ,u4,s4,c4 #defe7k77#b77 is
 am5d$-- 7#a7 by r$esignat+ subp>agraph 
7,j7 z subp>agraph 7,k72 &  7#b7 by     
ins]t+ aft] subp>agraph 7,i7 ! foll[+   
new subp>agraph3  7,j7 ,! head ( !      

,(fice = ,=eign ,gifts & ,contracts     
,ov]sight ( ! ,dep>tm5t ( ,education 7z 
describ$ 9 section #aag;a ( ! ,high]    
,education ,act ( #aife74  4  7b7 ,cov]$
 transactions & lead ag5cy  7#a7 ,cov]$ 
transactions ,section #gba7;a77#d7 ( !  
,def5se ,production ,act ( #aiej 7#ej   
,u4,s4,c4 #defe7;a77#d77 is am5d$-- 7,a7
 9 subp>agraph 7,a77i71 by /rik+        
subp>agraph 7,b77i7 & ins]t+ clauses 7i7
 or 7vi7 ( subp>agraph 7,b72 &  7,b7 9  
subp>agraph 7,b71 by ins]t+ aft] clause 
7v7 ! foll[+ new clause3  7vi7 ,any gift
 or contract describ$ 9 section         
#aag7;a77#a77;,a7 ( ! ,high] ,education 
,act ( #aife4  4  7#b7 ,lead ag5cy      
,section #gba7k77#e7 ( ! ,def5se        
,production ,act ( #aiej 7#ej ,u4,s4,c4 
#defe7k77#e77 is am5d$-- 7,a7 by        
r$esignat+ subp>agraphs 7,a7 & 7,b7 z   
clauses 7i7 & 7ii71 respectively2  7,b7 
by /rik+ ,! ,secret>y & ins]t+ ! foll[+3
  7,a7 ,9 g5]al ,! ,secret>y  2 &  7,c7 
by add+ at ! end ! foll[+ new           
subp>agraph3  7,b7 ,c]ta9 gifts &       

contracts ,) respect to a cov]$         
transaction describ$ 9 subsection       
7a77#d77;,b77v71 ! ,secret>y ( !        
,treasury %all designate ! head ( !     
,(fice = ,=eign ,gifts & ,contracts     
,ov]sight ( ! ,dep>tm5t ( ,education 7z 
describ$ 9 section #aag;a ( ! ,high]    
,education ,act ( #aife7 z ! lead ag5cy 
on behalf ( ! ,committee4  4  7#c7      
,applicability ,?is subsection & !      
am5dm5ts made by ?is subsection %all    
apply ) respect to any cov]$ transaction
 describ$ 9 clause 7v7 ( section        
#gba7;a77#d77;,b7 ( ! ,def5se           
,production ,act ( #aiej 7#ej ,u4,s4,c4 
#defe7;a77#d77;,b771 ! review or        
inve/igation ( :i* is initiat$ "u       
section #gba ( su* ,act on or aft] !    
date ( ! enactm5t ( ?is section4