,,ii  #aah? ,,congress  #a/ ,session    
,s4 #ccfb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #bi1 #bjbc,mr4
 ,tillis 7= himself1 ,mrs4 ,blackburn1  
,mr4 ,braun1 ,mr4 ,cornyn1 ,ms4 ,ern/1  
,mr4 ,grassley1 & ,mr4 ,s*mitt7         
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to am5d ! ,high] ,education 
,act ( #aife to require additional      
in=mation 9 disclosures ( =eign gifts & 
contracts f =eign s\rces1 re/rict       
contracts ) c]ta9 =eign entities & =eign
 c\ntries ( conc]n1 require c]ta9 /aff &
 faculty to report =eign gifts &        
contracts1 & require disclosure ( c]ta9 
=eign inve/m5ts )9 end[m5ts4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,def5d+ 
,education ,transp>5cy & ,end+ ,rogue   
,regimes ,engag+ 9 ,nef>i\s             
,transactions ,act or ! ,,det]r5t ,act4 
#b4 ,disclosures ( =eign gifts  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  7a7   
,disclosure reports  7#a7 ,aggregate    
gifts & contract disclosures ,an        
in/itution %all file a disclosure report
 9 accordance ) subsection 7b77#a7 ) !  
,secret>y on ,july #ca ( ! cal5d> ye>   
imm$iately foll[+ any cal5d> ye> 9 :i*--
 7,a7 ! in/itution receives a gift f1 or
 ent]s into a contract )1 a =eign s\rce 
7o!r ?an a =eign c\ntry ( conc]n or     
=eign entity ( conc]n7-- 7i7 ! value (  
:i* is #ej1jjj or m1 consid]$ alone or 9
 comb9ation ) all o!r gifts f1 or       
contracts )1 t =eign s\rce )9 ! cal5d>  
ye>2 or  7ii7 ! value ( :i* is          
undet]m9$2 or  7,b7 ! in/itution        
receives a gift f a =eign c\ntry (      
conc]n or =eign entity ( conc]n1 or1 ^u 
receiv+ a waiv] "u section #aag;,a to   
ent] into a contract ) su* a c\ntry or  
entity1 ent]s into su* contract1 )\t    
reg>d to ! value ( su* gift or contract4
  7#b7 ,=eign s\rce own]%ip or control  
disclosures ,9 ! case ( an in/itution t 

is sub/antially controll$ 7z describ$ 9 
section #ffh4agd7;c77#c7 ( title #cd1   
,code ( ,f$]al ,regulations7 7or        
successor regulations77 by a =eign      
s\rce1 ! in/itution %all file a         
disclosure report 9 accordance )        
subsection 7b77#b7 ) ! ,secret>y on     
,july #ca ( ea* ye>4  7#c7 ,treatm5t (  
affiliat$ entities ,= purposes ( ?is    
section1 any gift to1 or contract )1 an 
affiliat$ entity ( an in/itution %all be
 consid]$ a gift to or contract )1      
respectively1 su* in/itution4  7b7      
,cont5ts ( report  7#a7 ,gifts &        
contracts ,ea* report to ! ,secret>y    
requir$ "u subsection 7a77#a7 %all      
conta9 ! foll[+3 7,a7 ,) respect to a   
gift receiv$ f1 or a contract ent]$ into
 )1 any =eign s\rce-- 7i7 ! t]ms ( su*  
gift or contract1 includ+-- 7,i7 ! "n ( 
! individual1 dep>tm5t1 or b5efactor at 
! in/itution receiv+ ! gift or c>ry+ out
 ! contract2  7,,ii7 ! int5d$ purpose ( 
su* gift or contract1 z provid$ to !    
in/itution by su* =eign s\rce1 or if no 

su* purpose is provid$ by su* =eign     
s\rce1 ! int5d$ use ( su* gift or       
contract1 z provid$ by ! in/itution2 &  
7,,iii7 9 ! case ( a re/rict$ or        
conditional gift or contract1 a         
description ( ! re/rictions or          
conditions ( su* gift or contract2  7ii7
 ) respect to a gift-- 7,i7 ! total fair
 m>ket doll> am\nt or doll> value ( !   
gift1 z ( ! date ( submission ( su*     
report2 &  7,,ii7 ! date on :i* !       
in/itution receiv$ su* gift2  7iii7 )   
respect to a contract-- 7,i7 ! date on  
:i* su* contract comm5ces2  7,,ii7 z    
applicable1 ! date on :i* su* contract  
t]m9ates2 &  7,,iii7 an assurance t !   
in/itution w-- 7aa7 ma9ta9 an unr$act$  
copy ( ! contract until ! late/ (--     
7,,aa7 ! date t is #d ye>s aft] ! date  
on :i* ! contract comm5ces2 7,,bb7 !    
date on :i* ! contract t]m9ates2 or     
7,,cc7 ! la/ day ( any p]iod t          
applicable ,/ate law requires a copy (  
su* contract to be ma9ta9$2 &  7bb7 ^u  
reque/ ( ! ,secret>y dur+ an            

inve/igation "u section #aag;,d7a77#a71 
produce su* an unr$act$ copy ( !        
contract2 &  7iv7 an assurance t 9 a    
case 9 :i* in=mation is requir$ to be   
disclos$ "u ?is section ) respect to a  
gift or contract t is n 9 ,engli%1 su*  
in=mation is translat$ into ,engli% 9   
compliance ) ! requirem5ts ( subsection 
7c74  7,b7 ,) respect to a gift receiv$ 
f1 or a contract ent]$ into )1 a =eign  
s\rce t is a =eign gov]nm5t 7o!r ?an !  
gov]nm5t ( a =eign c\ntry ( conc]n7--   
7i7 ! "n ( su* =eign gov]nm5t2  7ii7 !  
dep>tm5t1 ag5cy1 (fice1 or division (   
su* =eign gov]nm5t t approv$ su* gift or
 contract1 z applicable2 &  7iii7 !     
physical mail+ address ( su* dep>tm5t1  
ag5cy1 (fice1 or division4  7,c7 ,)     
respect to a gift receiv$ f1 or contract
 ent]$ into )1 a =eign s\rce 7o!r ?an a 
=eign gov]nm5t subject to ! requirem5ts 
( subp>agraph 7,b77-- 7i7 ! legal "n ( !
 =eign s\rce1 or1 if su* "n is n        
available1 a /atem5t c]tifi$ by !       
compliance (fic] 9 accordance )         

subsection 7f77#b7 t ! in/itution has   
reasonably attempt$ to obta9 su* "n2    
7ii7 9 ! case ( a =eign s\rce t is a    
natural p]son1 ! c\ntry ( citiz5%ip (   
su* p]son1 or1 if su* c\ntry is n kn[n1 
! pr9cipal c\ntry ( resid5ce ( su*      
p]son2  7iii7 9 ! case ( a =eign s\rce t
 is a legal entity1 ! c\ntry 9 :i* su*  
entity is incorporat$1 or if su*        
in=mation is n available1 ! pr9cipal    
place ( bus9ess ( su* entity2 &  7iv7 ! 
physical mail+ address ( su* =eign      
s\rce1 or if su* address is n available1
 a /atem5t c]tifi$ by ! compliance (fic]
 9 accordance ) subsection 7f77#b7 t !  
in/itution has reasonably attempt$ to   
obta9 su* address4  7,d7 ,) respect to a
 contract ent]$ into ) a =eign s\rce t  
is a =eign c\ntry ( conc]n or a =eign   
entity ( conc]n-- 7i7 a complete &      
unr$act$ text ( ! orig9al contract1 & if
 su* orig9al contract is n 9 ,engli%1 a 
translat$ copy ( ! text into ,engli%2   
7ii7 a copy ( ! waiv] receiv$ "u section
 #aag;,a = su* contract2 &  7iii7 !     

/atem5t submitt$ by ! in/itution =      
purposes ( receiv+ su* a waiv] "u       
section #aag;,a7b77#a74  7#b7 ,=eign    
s\rce own]%ip or control ,ea* report to 
! ,secret>y requir$ "u subsection       
7a77#b7 %all conta9-- 7,a7 ! legal "n & 
address ( ! =eign s\rce t owns or       
controls ! in/itution2  7,b7 ! date on  
:i* ! =eign s\rce assum$ own]%ip or     
control2 &  7,c7 any *anges 9 program or
 /ructure result+ f ! *ange 9 own]%ip or
 control4  7c7 ,translation requirem5ts 
,any in=mation requir$ to be disclos$ "u
 ?is section ) respect to a gift or     
contract t is n 9 ,engli% %all be       
translat$1 = purposes ( su* disclosure1 
by a p]son t is n an affiliat$ entity or
 ag5t ( ! =eign s\rce involv$ ) su* gift
 or contract4  7d7 ,public inspection   
7#a7 ,database requirem5t ,beg9n+ n lat]
 ?an #fj days be=e ! ,july #ca          
imm$iately foll[+ ! date ( ! enactm5t ( 
! ,,det]r5t ,act1 ! ,secret>y %all--    
7,a7 e/abli% & ma9ta9 a se>*able        
database on a website ( ! ,dep>tm5t1 "u 

:i* all reports submitt$ "u ?is section 
7includ+ any report submitt$ "u ?is     
section be=e ! date ( ! enactm5t ( !    
,,det]r5t ,act7-- 7i7 are made publicly 
available 79 electronic & d[nloadable   
=mat71 includ+ any in=mation provid$ 9  
su* reports 7o!r ?an ! in=mation        
prohibit$ f be+ publicly disclos$       
pursuant to p>agraph 7#b772  7ii7 c be  
individually id5tifi$ & comp>$2 &  7iii7
 are se>*able & sortable by-- 7,i7 !    
date ! in/itution fil$ su* report2      
7,,ii7 ! date on :i* ! in/itution       
receiv$ ! gift1 or ent]$ into !         
contract1 :i* is ! subject ( ! report2  
7,,iii7 ! attributable c\ntry ( su* gift
 or contract2 &  7,,iv7 ! "n ( ! =eign  
s\rce 7o!r ?an a =eign s\rce t is a     
natural p]son72  7,b7 n lat] ?an #cj    
days aft] receipt ( a disclosure report 
"u ?is section1 include su* report 9 su*
 database2  7,c7 indicate1 z "p ( !     
public record ( a report includ$ 9 su*  
database1 :e!r ! report is ) respect to 
a gift receiv$ f1 or a contract ent]$   

into )-- 7i7 a =eign s\rce t is a =eign 
gov]nm5t2 or  7ii7 a =eign s\rce t is n 
a =eign gov]nm5t2 &  7,d7 ) respect to a
 disclosure report t does n include ! "n
 or address ( a =eign s\rce1 indicate1 z
 "p ( ! public record ( su* report      
includ$ 9 su* database1 t su* report did
 n include su* in=mation4  7#b7 ,"n &   
address ( =eign s\rce ,! ,secret>y %all 
n disclose ! "n or address ( a =eign    
s\rce t is a natural p]son 7o!r ?an !   
attributable c\ntry ( su* =eign s\rce7  
includ$ 9 a disclosure report-- 7,a7 z  
"p ( ! public record ( su* disclosure   
report describ$ 9 p>agraph 7#a72 or     
7,b7 9 response to a reque/ "u section  
#eeb ( title #e1 ,unit$ ,/ates ,code    
7commonly kn[n z ! ,fre$om ( ,in=mation 
,act71 pursuant to subsection 7b77#c7 ( 
su* section4  7e7 ,int]ag5cy in=mation  
%>+ ,n lat] ?an #cj days aft] receiv+ a 
disclosure report f an in/itution 9     
compliance ) ?is section1 ! ,secret>y   
%all transmit an unr$act$ copy ( su*    
report 7t includes ! "n & address ( a   

=eign s\rce disclos$ 9 su* report7 to ! 
,director ( ! ,f$]al ,bureau (          
,inve/igation1 ! ,director ( ,national  
,intellig5ce1 ! ,director ( ! ,c5tral   
,intellig5ce ,ag5cy1 ! ,secret>y (      
,/ate1 ! ,secret>y ( ,def5se1 !         
,attorney ,g5]al1 ! ,secret>y (         
,comm]ce1 ! ,secret>y ( ,homel&         
,security1 ! ,secret>y ( ,en]gy1 !      
,director ( ! ,national ,sci5ce         
,f\ndation1 & ! ,director ( ! ,national 
,in/itutes ( ,heal?4  7f7 ,compliance   
(fic] ,any in/itution t is requir$ to   
file a disclosure report "u subsection  
7a7 %all designate1 be=e ! fil+ deadl9e 
= su* report1 & ma9ta9 a compliance     
(fic]1 :o %all-- 7#a7 be a curr5t       
employee or legally au?oriz$ ag5t ( su* 
in/itution2 &  7#b7 be responsible1 on  
behalf ( ! in/itution1 = p]sonally      
c]tify+ accurate compliance ) ! =eign   
gift report+ requirem5t "u ?is section4 
7g7 ,def9itions ,9 ?is section3 7#a7    
,affiliat$ entity ,! t]m affiliat$      
entity1 :5 us$ ) respect to an          

in/itution1 means an entity or          
organization t op]ates prim>ily = !     
b5efit (1 or "u ! auspices (1 su*       
in/itution1 includ+ a f\ndation ( !     
in/itution or a relat$ entity 7su* z any
 educational1 cultural1 or language     
entity74  7#b7 ,attributable c\ntry ,!  
t]m attributable c\ntry means-- 7,a7 !  
c\ntry ( citiz5%ip ( a =eign s\rce :o is
 a natural p]son1 or1 if su* c\ntry is  
unkn[n1 ! pr9cipal resid5ce 7z          
applicable7 ( su* =eign s\rce2 or  7,b7 
! c\ntry ( incorporation ( a =eign s\rce
 t is a legal entity1 or1 if su* c\ntry 
is unkn[n1 ! pr9cipal place ( bus9ess 7z
 applicable7 ( su* =eign s\rce4  7#c7   
,contract ,! t]m contract-- 7,a7 means--
 7i7 any agreem5t = ! acquisition by    
pur*ase1 lease1 or b>t] ( prop]ty or    
s]vices by ! =eign s\rce2  7ii7 any     
affiliation1 agreem5t1 or simil>        
transaction ) a =eign s\rce t involves !
 use or ex*ange ( an in/itution's "n1   
lik5ess1 "t1 s]vices1 or res\rces2 &    
7iii7 any agreem5t = ! acquisition by   

pur*ase1 lease1 or b>t]1 ( prop]ty or   
s]vices f a =eign s\rce 7o!r ?an an     
arms-l5g? agreem5t = su* acquisition f a
 =eign s\rce t is n a =eign c\ntry (    
conc]n or a =eign entity ( conc]n72 &   
7,b7 does n include an agreem5t made    
betwe5 an in/itution & a =eign s\rce    
reg>d+ any paym5t ( "o or m elem5ts ( a 
/ud5t's co/ ( att5dance 7z su* t]m is   
def9$ 9 section #dgb71 unless su* an    
agreem5t is made = m ?an #ae /ud5ts or  
is made "u a re/rict$ or conditional    
contract4  7#d7 ,=eign s\rce ,! 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$ "u ! laws 
( a =eign /ate or /ates2  7,c7 a natural
 p]son :o is n a citiz5 or a national ( 
! ,unit$ ,/ates or a tru/ t]ritory or   
protectorate !re(2 &  7,d7 a legal      
entity1 gov]nm5tal or o!rwise1          
sub/antially controll$ 7z describ$ 9    
section #ffh4agd7;c77#c7 ( title #cd1   
,code ( ,f$]al ,regulations7 7or        

successor regulations77 by a gov]nm5t1  
entity1 or p]son describ$ 9 subp>agraph 
7,a71 7,b71 or 7,c72  7,e7 an ag5t ( a  
gov]nm5t1 entity1 or p]son describ$ 9   
subp>agraph 7,a71 7,b71 or 7,c71        
includ+-- 7i7 a subsidi>y or affiliate (
 a =eign legal entity1 act+ on behalf ( 
su* gov]nm5t1 entity1 or p]son2  7ii7 a 
p]son t op]ates prim>ily = ! b5efit (1  
or "u ! auspices (1 su* gov]nm5t1       
entity1 or p]son1 includ+ a f\ndation or
 a relat$ entity 7su* z any educational1
 cultural1 or language entity72 &  7iii7
 a p]son :o is an ag5t ( a =eign        
pr9cipal 7z su* t]m is def9$ 9 section  
#a ( ! ,=eign ,ag5ts ,regi/ration ,act (
 #aich 7#bb ,u4,s4,c4 #faa74  7#e7 ,gift
 ,! t]m gift-- 7,a7 means any gift (    
money1 prop]ty1 res\rces1 /aff1 or      
s]vices2 &  7,b7 does n include-- 7i7   
any paym5t ( "o or m elem5ts ( a /ud5t's
 co/ ( att5dance 7z su* t]m is def9$ 9  
section #dgb7 to an in/itution by1 or   
s*ol>%ip f1 a =eign s\rce :o is a       
natural p]son1 act+ 9 _! individual     

capacity & n z an ag5t =1 at ! reque/ or
 direction (1 or on behalf (1 any p]son 
or entity 7except ! /ud5t71 made = n m  
?an #ae /ud5ts1 & t is n made "u a      
re/rict$ or conditional contract ) su*  
=eign s\rce2 or  7ii7 assignm5t or      
lic5se ( regi/]$ indu/rial &            
intellectual prop]ty rights1 su* z      
pat5ts1 utility models1 tradem>ks1 or   
copyrights1 or te*nical assi/ance1 t are
 n id5tifi$ z be+ associat$ ) a national
 security risk or conc]n by ! ,f$]al    
,rese>* ,security ,c\ncil2 or  7iii7    
decorations 7z su* t]m is def9$ 9       
section #gcdb7;a7 ( title #e1 ,unit$    
,/ates ,code74  7#f7 ,re/rict$ or       
conditional gift or contract ,! 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 in/itutes1          
in/ructional programs1 rese>* or lecture

 programs1 or new faculty positions2    
7,c7 ! selection1 admission1 or         
education ( /ud5ts2  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 op9ion2  
or  7,e7 any o!r re/riction on ! use ( a
 gift or contract4  4  7b7 ,prohibition 
on contracts ) c]ta9 =eign entities &   
c\ntries ,"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        
,prohibition on contracts ) c]ta9 =eign 
entities & c\ntries  7a7 ,9 g5]al ,an   
in/itution %all n ent] into a contract )
 a =eign c\ntry ( conc]n or a =eign     
entity ( conc]n4  7b7 ,waiv]s  7#a7     
,submission  7,a7 ,fir/ waiv] reque/s   
7i7 ,9 g5]al ,an in/itution t desires to
 ent] into a contract ) a =eign entity (
 conc]n or a =eign c\ntry ( conc]n may  
submit to ! ,secret>y1 n lat] ?an #abj  
days be=e ! in/itution ent]s into su* a 

contract1 a reque/ to waive !           
prohibition "u subsection 7a7 ) respect 
to su* contract4  7ii7 ,cont5ts ( waiv] 
reque/ ,a waiv] reque/ submitt$ by an   
in/itution "u clause 7i7 %all include-- 
7,i7 ! complete & unr$act$ text ( !     
propos$ contract = :i* ! waiv] is be+   
reque/$1 & if su* orig9al contract is n 
9 ,engli%1 a translat$ copy ( ! text    
into ,engli% 79 a mann] t complies )    
section #aag7;c772 &  7,,ii7 a /atem5t  
t-- 7aa7 is sign$ by ! po9t ( contact ( 
! in/itution describ$ 9 section         
#aag7;f72 &  7bb7 includes in=mation t  
demon/rates t su* contract is = ! b5efit
 ( ! in/itution's mission & /ud5ts & w  
promote ! security1 /ability1 & economic
 vitality ( ! ,unit$ ,/ates4  7,b7      
,r5ewal waiv] reque/s  7i7 ,9 g5]al ,an 
in/itution t has ent]$ into a contract  
pursuant to a waiv] issu$ "u ?is        
section1 ! t]m ( :i* is long] ?an !     
#a-ye> waiv] p]iod & ! t]ms & conditions
 ( :i* rema9 ! same z ! propos$ contract
 submitt$ z "p ( ! reque/ = su* waiv]   

may submit1 n lat] ?an #abj days be=e ! 
expiration ( su* waiv] p]iod1 a reque/ =
 a r5ewal ( su* waiv] = an additional   
#a-ye> p]iod 7:i* %all include any      
in=mation reque/$ by ! ,secret>y74  7ii7
 ,t]m9ation ,if ! in/itution fails to   
submit a reque/ "u clause 7i7 or is n   
grant$ a r5ewal "u su* clause1 su*      
in/itution %all t]m9ate su* contract on 
! la/ day ( ! orig9al #a-ye> waiv]      
p]iod4  7#b7 ,waiv] issuance ,!         
,secret>y-- 7,a7 n lat] ?an #fj days    
be=e an in/itution ent]s into a contract
 pursuant to a waiv] reque/ "u p>agraph 
7#a77;,a71 or be=e a contract describ$ 9
 p>agraph 7#a77;,b77i7 is r5ew$ pursuant
 to a r5ewal reque/ "u su* p>agraph1    
%all notify ! in/itution-- 7i7 if !     
waiv] or r5ewal w be issu$ by !         
,secret>y2 &  7ii7 9 a case 9 :i* !     
waiv] or r5ewal w be issu$1 ! date on   
:i* ! #a-ye> waiv] p]iod />ts2 &  7,b7  
may only issue a waiv] "u ?is section to
 an in/itution if ! ,secret>y det]m9es1 
9 consultation ) ! heads ( ea* ag5cy &  

dep>tm5t li/$ 9 section #aag7;e71 t !   
contract = :i* ! waiv] is be+ reque/$ is
 = ! b5efit ( ! in/itution's mission &  
/ud5ts & w promote ! security1 /ability1
 & economic vitality ( ! ,unit$ ,/ates4 
7#c7 ,disclosure ,n less ?an #b weeks   
prior to issu+ a waiv] "u p>agraph 7#b71
 ! ,secret>y %all notify !-- 7,a7 !     
,committee on ,education & ! ,work=ce ( 
! ,h\se ( ,repres5tatives2 &  7,b7 !    
,committee on ,heal?1 ,education1       
,labor1 & ,p5sions ( ! ,s5ate1  ( !     
int5t to issue ! waiv]1 includ+ a       
ju/ification = ! waiv]4  7#d7           
,application ( waiv]s ,a waiv] issu$ "u 
?is section to an in/itution ) respect  
to a contract %all only-- 7,a7 waive !  
prohibition "u subsection 7a7 = a #a-ye>
 p]iod2 &  7,b7 apply to ! t]ms &       
conditions ( ! propos$ contract submitt$
 z "p ( ! reque/ = su* waiv]4  7c7      
,designation dur+ contract t]m ,9 ! case
 ( an in/itution t ent]s into a contract
 ) a =eign s\rce t is n a =eign c\ntry (
 conc]n or a =eign entity ( conc]n b    

:i*1 dur+ ! t]m ( su* contract1 is      
designat$ z a =eign c\ntry ( conc]n or  
=eign entity ( conc]n1 su* in/itution   
%all t]m9ate su* contract n lat] ?an #fj
 days aft] ! ,secret>y notifies !       
in/itution ( su* designation4  7d7      
,contracts prior to date ( enactm5t     
7#a7 ,9 g5]al ,9 ! case ( an in/itution 
t has ent]$ into a contract ) a =eign   
c\ntry ( conc]n or =eign entity ( conc]n
 prior to ! date ( enactm5t ( !         
,,det]r5t ,act-- 7,a7 ! in/itution %all 
imm$iately submit to ! ,secret>y a waiv]
 reque/ 9 accordance ) subsection       
7b77#a77;,a77ii72 &  7,b7 ! ,secret>y   
%all1 ^u receipt ( ! reque/ submitt$ "u 
subp>agraph 7,a71 imm$iately issue a    
waiv] to ! in/itution = a p]iod beg9n+  
on ! date on :i* ! waiv] is issu$ & end+
 on ! e>li] (-- 7i7 ! date t is #a ye>  
aft] ! date ( enactm5t ( ! ,,det]r5t    
,act2 or  7ii7 ! date on :i* ! contract 
t]m9ates4  7#b7 ,r5ewal ,an in/itution t
 has ent]$ into a contract describ$ 9   
p>agraph 7#a71 ! t]m ( :i* is long] ?an 

! waiv] p]iod describ$ 9 subp>agraph    
7,b7 ( su* p>agraph & ! t]ms &          
conditions ( :i* rema9 ! same z !       
contract submitt$ z "p ( ! reque/       
requir$ "u subp>agraph 7,a7 ( su*       
p>agraph1 may submit a reque/ = r5ewal (
 ! waiv] issu$ "u su* p>agraph 9        
accordance ) subsection 7b77#a77;,b74   
7e7 ,contract def9$ ,! t]m contract has 
! mean+ giv5 su* t]m 9 section #aag7;g74
  4  7c7 ,int]ag5cy in=mation %>+ ,n    
lat] ?an #ij days aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,secret>y (      
,education %all transmit to ! heads (   
ea* ag5cy & dep>tm5t li/$ 9 section     
#aag7;e7 ( ! ,high] ,education ,act (   
#aife1 z am5d$ by ?is ,act-- 7#a7 any   
report receiv$ by ! ,dep>tm5t (         
,education "u section #aag ( ! ,high]   
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajaa;f7 prior to ! date ( ! enactm5t ( 
?is ,act2 &  7#b7 any report1 docum5t1  
or o!r record g5]at$ by ! ,dep>tm5t (   
,education 9 ! c\rse ( an inve/igation--
 7,a7 ( an in/itution ) respect to !    

compliance ( su* in/itution ) su*       
section2 &  7,b7 initiat$ prior to !    
date ( ! enactm5t ( ?is ,act4  #c4      
,policy reg>d+ conflicts ( int]e/ f     
=eign gifts & contracts ,! ,high]       
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajja et seq471 z am5d$ by section #b ( 
?is ,act1 is fur!r am5d$ by ins]t+ aft] 
section #aag;,a ! foll[+3  #aag;,b4     
,in/itutional policy reg>d+ =eign gifts 
& contracts to faculty & /aff  7a7      
,requirem5t ,to ma9ta9 policy & database
 ,beg9n+ n lat] ?an #ij days aft] ! date
 ( ! enactm5t ( ! ,,det]r5t ,act1 ea*   
in/itution describ$ 9 subsection 7b7    
%all ma9ta9-- 7#a7 a policy requir+     
cov]$ individuals employ$ at !          
in/itution to disclose 9 a report to su*
 in/itution on ,july #ca ( ea* cal5d>   
ye> t beg9s aft] ! ye> 9 :i* su*        
enactm5t date occurs-- 7,a7 any gift    
receiv$ f a =eign s\rce 9 ! previ\s     
cal5d> ye>1 ! value ( :i* is great] ?an 
! m9imal value 7z su* t]m is def9$ 9    
section #gcdb7;a7 ( title #e1 ,unit$    

,/ates ,code7 or is ( undet]m9$ value1 &
 includ+ ! date on :i* ! gift 0 receiv$2
  7,b7 any contract ent]$ into ) a =eign
 s\rce 9 ! previ\s cal5d> ye>1 ! value (
 :i* is #e1jjj or m1 consid]$ alone or 9
 comb9ation ) all o!r contracts ) t     
=eign s\rce )9 ! cal5d> ye>1 & includ+ !
 date on :i* su* contract comm5ces &1 z 
applicable1 ! date on :i* su* contract  
t]m9ates2  7,c7 any contract ) a =eign  
s\rce 9 =ce dur+ ! previ\s cal5d> ye> t 
has an undet]m9$ monet>y value1 &       
includ+ ! date on :i* su* contract      
comm5ces &1 z applicable1 ! date on :i* 
su* contract t]m9ates2 &  7,d7 any      
contract ent]$ into ) a =eign c\ntry (  
conc]n or =eign entity ( conc]n 9 !     
previ\s cal5d> ye>1 ! value ( :i* is #j 
or m1 & includ+ ! beg9n+ & end+ dates ( 
su* contract & ! full text ( su*        
contract & any add5da2  7#b7 a publicly 
available & se>*able database 79        
electronic & d[nloadable =mat71 on a    
website ( ! in/itution1 ( ! in=mation   
requir$ to be disclos$ "u p>agraph 7#a7 

t-- 7,a7 makes available ! in=mation    
disclos$ "u p>agraph 7#a7 beg9n+ on !   
date t is #cj days aft] receipt ( !     
report "u su* p>agraph conta9+ su*      
in=mation & until ! late/ (-- 7i7 ! date
 t is #d ye>s aft] ! date on :i*-- 7,i7 
a gift ref]r$ to 9 p>agraph 7#a77;,a7 is
 receiv$2 or  7,,ii7 a contract ref]r$  
to 9 subp>agraph 7,b71 7,c7 or 7,d7 (   
p>agraph 7#a7 beg9s2 or  7ii7 ! date on 
:i* a contract ref]r$ to 9 subp>agraph  
7,b71 7,c7 or 7,d7 ( p>agraph 7#a7      
t]m9ates2 &  7,b7 is se>*able & sortable
 by-- 7i7 ! date receiv$ 7if a gift7 or 
! date comm5c$ 7if a contract72  7ii7 ! 
attributable c\ntry ) respect to :i*    
in=mation is be+ disclos$2  7iii7 "n ( !
 individual mak+ ! disclosure2 &  7iv7 !
 "n ( ! =eign s\rce 7o!r ?an a =eign    
s\rce :o is a natural p]son72  7#c7 a   
plan effectively to id5tify & manage    
pot5tial in=mation ga!r+ by =eign s\rces
 ?r\gh espionage t>get+ cov]$           
individuals t may arise f gifts receiv$ 
f1 or contracts ent]$ into )1 a =eign   

s\rce1 includ+ ?r\gh ! use (-- 7,a7     
p]iodic communications2  7,b7 accurate  
report+ "u p>agraph 7#b7 ( ! in=mation  
requir$ to be disclos$ "u p>agraph 7#a72
 &  7,c7 en=cem5t ( ! policy describ$ 9 
p>agraph 7#a74  7b7 ,in/itutions ,an    
in/itution %all be subject to !         
requirem5ts ( ?is section if su*        
in/itution-- 7#a7 is an eligible        
in/itution = ! purposes ( any program   
au?oriz$ "u title ,,iv2 &  7#b7 7,a7    
receiv$ m ?an #ej1jjj1jjj 9 ,f$]al funds
 9 any ( ! previ\s five cal5d> ye>s to  
support 79 :ole or 9 "p7 rese>* &       
developm5t 7z det]m9$ by ! in/itution & 
measur$ by ! ,high] ,education ,rese>* &
 ,developm5t ,survey ( ! ,national ,c5t]
 = ,sci5ce & ,eng9e]+ ,/ati/ics72 or    
7,b7 receives funds "u title ,,vi4  7c7 
,def9itions ,9 ?is section-- 7#a7 ! t]ms
 =eign s\rce1 gift1 & attributable      
c\ntry h ! mean+s giv5 su* t]ms 9       
section #aag7;g72  7#b7 ! t]m contract--
 7,a7 means any-- 7i7 agreem5t = !      
acquisition1 by pur*ase1 lease1 or b>t]1

 ( prop]ty or s]vices by a =eign s\rce2 
7ii7 affiliation1 agreem5t1 or simil>   
transaction ) a =eign s\rce involv+ !   
use or ex*ange ( ! "n1 lik5ess1 "t1     
s]vices1 or res\rces ( cov]$ individuals
 employ$ at an in/itution describ$ 9    
subsection 7b72 or  7iii7 pur*ase1      
lease1 or b>t] ( prop]ty or s]vices f a 
=eign s\rce t is a =eign c\ntry ( conc]n
 or a =eign entity ( conc]n2 &  7,b7    
does n include any fair-m>ket1 arms-l5g?
 agreem5t made by cov]$ individuals = ! 
acquisition1 by pur*ase1 lease1 or b>t] 
( prop]ty or s]vices f a =eign s\rce o!r
 ?an su* a =eign s\rce t is a =eign     
c\ntry ( conc]n or a =eign entity (     
conc]n2 &  7#c7 ! t]m cov]$ individual--
 7,a7 has ! mean+ giv5 su* t]m 9 section
 #bbc7;d7 ( ! ,william ,m4 7,mac7       
,?ornb]ry ,national ,def5se             
,au?orization ,act = ,fiscal ,ye> #bjba 
7#db ,u4,s4,c4 #ffje72 &  7,b7 %all be  
int]pret$ 9 accordance ) ! ,guidance =  
,implem5t+ ,national ,security          
,presid5tial ,memor&um #cc 7,,nspm-#cc7 

on ,national ,security ,/rategy = ,unit$
 ,/ates ,gov]nm5t-,support$ ,rese>* &   
,developm5t publi%$ by ! ,subcommittee  
on ,rese>* ,security & ! ,jo9t          
,committee on ! ,rese>* ,environm5t 9   
,janu>y #bjbb4  4  #d4 ,inve/m5t        
disclosure report ,! ,high] ,education  
,act ( #aife 7#bj ,u4,s4,c4 #ajja et    
seq471 z am5d$ by section #c ( ?is ,act1
 is fur!r am5d$ by ins]t+ aft] section  
#aag;,b ! foll[+3  #aag;,c4 ,inve/m5t   
disclosure report  7a7 ,inve/m5t        
disclosure report ,a specifi$ in/itution
 %all file a disclosure report 9        
accordance ) subsection 7b7 ) !         
,secret>y on ,july #ca imm$iately foll[+
 any cal5d> ye> 9 :i* ! specifi$        
in/itution pur*ases1 sells1 or holds    
7directly or indirectly ?r\gh any *a9 ( 
own]%ip7 "o or m inve/m5ts ( conc]n4    
7b7 ,cont5ts ( report ,ea* report to !  
,secret>y requir$ by subsection 7a7 )   
respect to any cal5d> ye> %all conta9 ! 
foll[+3 7#a7 ,a li/ ( ! inve/m5ts (     
conc]n pur*as$1 sold1 or held dur+ su*  

cal5d> ye>4  7#b7 ,! aggregate fair     
m>ket value ( all inve/m5ts ( conc]n    
held z ( ! close ( su* cal5d> ye>4  7#c7
 ,! comb9$ value ( all inve/m5ts (      
conc]n sold ov] ! c\rse ( su* cal5d>    
ye>1 z measur$ by ! fair m>ket value (  
su* inve/m5ts at ! "t ( ! sale4  7#d7 ,!
 comb9$ value ( all capital ga9s f su*  
sales ( inve/m5ts ( conc]n4  7c7        
,inclusion ( c]ta9 pool$ funds  7#a7 ,9 
g5]al ,an inve/m5t ( conc]n acquir$     
?r\gh a regulat$ inve/m5t company1      
ex*ange trad$ fund1 or any o!r pool$    
inve/m5t %all be treat$ z acquir$ ?r\gh 
a *a9 ( own]%ip ref]r$ to 9 subsection  
7a71 unless su* pool$ inve/m5t is       
c]tifi$ by ! ,secret>y z n hold+ any    
li/$ inve/m5ts 9 accordance )           
subp>agraph 7,b7 ( p>agraph 7#b74  7#b7 
,c]tifications ( pool$ funds ,!         
,secret>y1 aft] consultation ) !        
,secret>y ( ! ,treasury1 %all e/abli%   
proc$ures "u :i* c]ta9 regulat$ inve/m5t
 companies1 ex*ange trad$ funds1 & o!r  
pool$ inve/m5ts-- 7,a7 %all be report$ 9

 accordance ) ! requirem5ts "u          
subsection 7b72 &  7,b7 may be c]tifi$  
by ! ,secret>y z n hold+ any li/$       
inve/m5ts4  7d7 ,treatm5t ( relat$      
organizations ,= purposes ( ?is section1
 assets held by any relat$ organization 
7z def9$ 9 section #difh7;d77#b7 ( !    
,int]nal ,rev5ue ,code ( #aihf7 )       
respect to a specifi$ in/itution %all be
 treat$ z held by su* specifi$          
in/itution1 except t-- 7#a7 su* assets  
%all n be tak5 into acc\nt ) respect to 
m ?an #a specifi$ in/itution2 &  7#b7   
unless su* organization is controll$ by 
su* in/itution or is describ$ 9 section 
#eji7;a77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf ) respect to su* in/itution1    
assets :i* are n int5d$ or available = !
 use or b5efit ( su* specifi$ in/itution
 %all n be tak5 into acc\nt4  7e7       
,valuation ( debt ,= purposes ( ?is     
section1 ! fair m>ket value ( any debt  
%all be ! pr9cipal am\nt ( su* debt4    
7f7 ,regulations ,! ,secret>y1 aft]     
consultation ) ! ,secret>y ( !          

,treasury1 may issue su* regulations or 
o!r guidance z may be necess>y or       
appropriate to c>ry out ! purposes ( ?is
 section1 includ+ regulations or o!r    
guidance provid+ = ! prop] application (
 ?is section ) respect to c]ta9 regulat$
 inve/m5t companies1 ex*ange trad$      
funds1 & pool$ inve/m5ts4  7g7          
,compliance (fic] ,any specifi$         
in/itution t is requir$ to submit a     
report "u subsection 7a7 %all designate1
 be=e ! submission ( su* report1 &      
ma9ta9 a compliance (fic]1 :o %all--    
7#a7 be a curr5t employee or legally    
au?oriz$ ag5t ( su* in/itution2  7#b7 be
 responsible1 on behalf ( ! in/itution1 
= p]sonally c]tify+ accurate compliance 
) ! report+ requirem5ts "u ?is section2 
&  7#c7 c]tify ! in/itution has1 =      
purposes ( fil+ su* report "u subsection
 7a71 foll[$ an e/abli%$ in/itutional   
policy & conduct$ good fai? ef=ts &     
reasonable due dilig5ce to det]m9e !    
accuracy & valuations ( ! assets        
report$4  7h7 ,database requirem5t  7#a7

 ,9 g5]al ,beg9n+ n lat] ?an #fj days   
be=e ! ,july #ca imm$iately foll[+ !    
date ( enactm5t ( ! ,,det]r5t ,act1 !   
,secret>y %all e/abli% & ma9ta9 a       
se>*able database on a website ( !      
,dep>tm5t1 "u :i* all reports submitt$  
"u ?is section-- 7,a7 are made publicly 
available 79 electronic & d[nloadable   
=mat71 includ+ any in=mation provid$ 9  
su* reports2  7,b7 c be individually    
id5tifi$ & comp>$2 &  7,c7 are se>*able 
& sortable4  7#b7 ,timel9e on includ+   
reports ,n lat] ?an #cj days aft]       
receipt ( a disclosure report "u ?is    
section1 ! ,secret>y %all include su*   
report 9 ! database describ$ 9 p>agraph 
7#a74  7i7 ,def9itions ,9 ?is section3  
7#a7 ,inve/m5t ( conc]n  7,a7 ,9 g5]al  
,! t]m inve/m5t ( conc]n means any      
specifi$ int]e/ ) respect to any ( !    
foll[+3 7i7 ,a =eign c\ntry ( conc]n4   
7ii7 ,a =eign entity ( conc]n4  7,b7    
,specifi$ int]e/ ,! t]m specifi$ int]e/ 
means1 ) respect to any entity-- 7i7    
/ock or any o!r equity or pr(its int]e/ 

( su* entity2  7ii7 debt issu$ by su*   
entity2 &  7iii7 any contract or        
d]ivative ) respect to any prop]ty      
describ$ 9 clause 7i7 or 7ii74  7#b7    
,specifi$ in/itution  7,a7 ,9 g5]al ,!  
t]m specifi$ in/itution1 z det]m9$ )    
respect to any cal5d> ye>1 means an     
in/itution if-- 7i7 su* in/itution is n 
a public in/itution2 &  7ii7 ! aggregate
 fair m>ket value (-- 7,i7 ! assets held
 by su* in/itution at ! end ( su* cal5d>
 ye> 7o!r ?an ^? assets :i* are us$     
directly 9 c>ry+ out ! in/itution's     
exempt purpose7 is 9 excess (           
#f1jjj1jjj1jjj2 or  7,,ii7 ! inve/m5ts (
 conc]n held by su* in/itution at ! end 
( su* cal5d> ye> is 9 excess (          
#bej1jjj1jjj4  7,b7 ,ref]5ces to c]ta9  
t]ms ,= ! purpose ( apply+ ! def9ition  
"u subp>agraph 7,a71 ! t]ms aggregate   
fair m>ket value & assets :i* are us$   
directly 9 c>ry+ out ! in/itution's     
exempt purpose %all be appli$ 9 ! same  
mann] z su* t]ms are appli$ = ! purposes
 ( section #difh7;b77#a77;,d7 ( !       

,int]nal ,rev5ue ,code ( #aihf4  4  #e4 
,en=cem5t & o!r g5]al provisions  7a7   
,en=cem5t & o!r g5]al provisions ,!     
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajja et seq471 z am5d$ by    
section #d ( ?is ,act1 is fur!r am5d$ by
 ins]t+ aft] section #aag;,c ! foll[+3  
#aag;,d4 ,en=cem5t2 s+le po9t-(-contact 
7a7 ,en=cem5t  7#a7 ,inve/igation ,!    
,secret>y 7act+ ?r\gh ! ,g5]al ,c\nsel (
 ! ,dep>tm5t7 %all conduct inve/igations
 ( possible violations ( sections #aag1 
#aag;,a1 #aag;,b1 & #aag;,c by          
in/itutions4  7#b7 ,civil action ,:5ev] 
x appe>s t an in/itution has kn[+ly or  
willfully fail$ to comply ) a requirem5t
 ( any ( ! sections li/$ 9 p>agraph 7#a7
 7includ+ any rule or regulation        
promulgat$ "u any su* section7 bas$ on  
su* an inve/igation1 a civil action %all
 be br\ght by ! ,attorney ,g5]al1 at !  
reque/ ( ! ,secret>y1 9 an appropriate  
di/rict c\rt ( ! ,unit$ ,/ates1 or !    
appropriate ,unit$ ,/ates c\rt ( any    
t]ritory or o!r place subject to !      

jurisdiction ( ! ,unit$ ,/ates1 to      
reque/ su* c\rt to compel compliance ) !
 requirem5t ( ! section t has be5       
violat$4  7#c7 ,co/s & o!r f9es ,an     
in/itution t is compell$ to comply ) a  
requirem5t ( a section li/$ 9 p>agraph  
7#a7 pursuant to p>agraph 7#b7 %all--   
7,a7 pay to ! ,treasury ( ! ,unit$      
,/ates ! full co/s to ! ,unit$ ,/ates ( 
obta9+ compliance ) ! requirem5t ( su*  
section1 includ+ all associat$ co/s (   
inve/igation & en=cem5t2 &  7,b7 be     
subject to ! applicable f9es describ$ 9 
p>agraph 7#d74  7#d7 ,f9es = violations 
,! ,secret>y %all impose a f9e on an    
in/itution t kn[+ly or willfully fails  
to comply ) a requirem5t ( a section    
li/$ 9 p>agraph 7#a7 z foll[s3 7,a7     
,section #aag  7i7 ,fir/-"t violations  
,9 ! case ( an in/itution t kn[+ly or   
willfully fails to comply ) a requirem5t
 ( section #aag ) respect to a cal5d>   
ye>1 & t has n previ\sly kn[+ly or      
willfully fail$ to comply ) su* a       
requirem5t1 ! ,secret>y %all impose a   

f9e on ! in/itution = su* violation z   
foll[s3 7,i7 ,9 ! case ( an in/itution t
 kn[+ly or willfully fails to comply ) a
 report+ requirem5t "u subsection       
7a77#a7 ( section #aag1 su* f9e %all be 
9 an am\nt t is-- 7aa7 n less ?an       
#ej1jjj b n m ?an ! monet>y value ( !   
gift f1 or contract )1 ! =eign s\rce2 or
  7bb7 9 ! case ( a gift or contract (  
no value or ( indet]m9able value1 n less
 ?an #a p]c5t1 & n m ?an #aj p]c5t ( !  
total am\nt ( ,f$]al funds receiv$ by ! 
in/itution "u ?is ,act = ! mo/ rec5t    
fiscal ye>4  7,,ii7 ,9 ! case ( an      
in/itution t kn[+ly or willfully fails  
to comply ) ! report+ requirem5t "u     
subsection 7a77#b7 ( section #aag1 su*  
f9e %all be 9 an am\nt t is n less ?an  
#aj p]c5t ( ! total am\nt ( ,f$]al funds
 receiv$ by ! in/itution "u ?is ,act = !
 mo/ rec5t fiscal ye>4  7ii7 ,subsequ5t 
violations ,9 ! case ( an in/itution t  
has be5 f9$ pursuant to clause 7i7 )    
respect to a cal5d> ye>1 & t kn[+ly or  
willfully fails to comply ) a requirem5t

 ( section #aag ) respect to any        
additional cal5d> ye>1 ! ,secret>y %all 
impose a f9e on ! in/itution ) respect  
to any su* additional cal5d> ye> z      
foll[s3 7,i7 ,9 ! case ( an in/itution t
 kn[+ly or willfully fails to comply ) a
 report+ requirem5t "u subsection       
7a77#a7 ( section #aag ) respect to an  
additional cal5d> ye>1 su* f9e %all be 9
 an am\nt t is-- 7aa7 n less ?an        
#ajj1jjj b n m ?an twice ! monet>y value
 ( ! gift f1 or contract )1 ! =eign     
s\rce2 or  7bb7 9 ! case ( a gift or    
contract ( no value or ( indet]m9able   
value1 n less ?an #a p]c5t1 b n m ?an   
#aj p]c5t1 ( ! total am\nt ( ,f$]al     
funds receiv$ by ! in/itution "u ?is    
,act = ! mo/ rec5t fiscal ye>4  7,,ii7  
,9 ! case ( an in/itution t kn[+ly or   
willfully fails to comply ) a report+   
requirem5t "u subsection 7a77#b7 (      
section #aag ) respect to an additional 
cal5d> ye>1 su* f9e %all be 9 an am\nt t
 is n less ?an #bj p]c5t ( ! total am\nt
 ( ,f$]al funds receiv$ by ! in/itution 

"u ?is ,act = ! mo/ rec5t fiscal ye>4   
7,b7 ,section #aag;,a  7i7 ,fir/-"t     
violations ,9 ! case ( an in/itution t  
kn[+ly or willfully fails to comply ) a 
requirem5t ( section #aag;,a = ! fir/   
"t1 ! ,secret>y %all impose a f9e on !  
in/itution 9 an am\nt t is n less ?an #e
 p]c5t1 b n m ?an #aj p]c5t1 ( ! total  
am\nt ( ,f$]al funds receiv$ by !       
in/itution "u ?is ,act = ! mo/ rec5t    
fiscal ye>4  7ii7 ,subsequ5t violations 
,9 ! case ( an in/itution t has be5 f9$ 
pursuant to clause 7i71 ! ,secret>y %all
 impose a f9e on ! in/itution = ea*     
subsequ5t "t ! in/itution kn[+ly or     
willfully fails to comply ) a requirem5t
 ( section #aag;,a 9 an am\nt t is n    
less ?an #bj p]c5t ( ! total am\nt (    
,f$]al funds receiv$ by ! in/itution "u 
?is ,act = ! mo/ rec5t fiscal ye>4  7,c7
 ,section #aag;,b  7i7 ,fir/-"t         
violations ,9 ! case ( an in/itution t  
kn[+ly or willfully fails to comply ) a 
requirem5t ( section #aag;,b ) respect  
to a cal5d> ye>1 & t has n previ\sly    

kn[+ly or willfully fail$ to comply )   
su* a requirem5t1 ! ,secret>y %all      
impose a f9e on ! in/itution ( n less   
?an #bej1jjj1 b n m ?an ! total am\nt ( 
gifts or contracts report$ by su*       
in/itution 9 ! database requir$ "u      
section #aag;,b7a77#b74  7ii7 ,subsequ5t
 violations ,9 ! case ( an in/itution t 
has be5 f9$ pursuant to clause 7i7 )    
respect to a cal5d> ye>1 & t kn[+ly or  
willfully fails to comply ) a requirem5t
 ( section #aag;,b ) respect to any     
additional cal5d> ye>1 ! ,secret>y %all 
impose a f9e on ! in/itution ) respect  
to any su* additional cal5d> ye> 9 an   
am\nt t is n less ?an #ejj1jjj1 b n m   
?an twice ! total am\nt ( gifts or      
contracts report$ by su* in/itution 9 ! 
database requir$ "u section             
#aag;,b7a77#b74  7,d7 ,section #aag;,c  
7i7 ,fir/-"t violations ,9 ! case ( a   
specifi$ in/itution t kn[+ly or         
willfully fails to comply ) a requirem5t
 ( section #aag;,c ) respect to a cal5d>
 ye>1 & t has n previ\sly kn[+ly or     

willfully fail$ to comply ) su* a       
requirem5t1 ! ,secret>y %all impose a   
f9e on ! in/itution 9 an am\nt t is n   
less ?an #ej p]c5t & n m ?an #ajj p]c5t 
( ! sum (-- 7,i7 ! aggregate fair m>ket 
value ( all inve/m5ts ( conc]n held by  
su* in/itution z ( ! close ( su* cal5d> 
ye>2 &  7,,ii7 ! comb9$ value ( all     
inve/m5ts ( conc]n sold ov] ! c\rse (   
su* cal5d> ye>1 z measur$ by ! fair     
m>ket value ( su* inve/m5ts at ! "t ( ! 
sale4  7ii7 ,subsequ5t violations ,9 !  
case ( a specifi$ in/itution t has be5  
f9$ pursuant to clause 7i7 ) respect to 
a cal5d> ye>1 & t kn[+ly or willfully   
fails to comply ) a requirem5t ( section
 #aag;,c ) respect to any additional    
cal5d> ye>1 ! ,secret>y %all impose a   
f9e on ! in/itution ) respect to any su*
 additional cal5d> ye> 9 an am\nt t is n
 less ?an #ajj p]c5t & n m ?an #bjj     
p]c5t ( ! sum (-- 7,i7 ! aggregate fair 
m>ket value ( all inve/m5ts ( conc]n    
held by su* in/itution z ( ! close ( su*
 additional cal5d> ye>2 &  7,,ii7 !     

comb9$ value ( all inve/m5ts ( conc]n   
sold ov] ! c\rse ( su* additional cal5d>
 ye>1 z measur$ by ! fair m>ket value ( 
su* inve/m5ts at ! "t ( ! sale4  7b7    
,s+le po9t-(-,contact at ! ,dep>tm5t ,! 
,secret>y %all ma9ta9 a s+le            
po9t-(-contact at ! ,dep>tm5t to-- 7#a7 
receive & respond to inquiries & reque/s
 = te*nical assi/ance f in/itutions     
reg>d+ compliance ) ! requirem5ts (     
sections #aag1 #aag;,a1 #aag;,b1 &      
#aag;,c2  7#b7 coord9ate & implem5t     
te*nical improvem5ts to ! database      
describ$ 9 section #aag7;d77#a71        
includ+-- 7,a7 improv+ upload           
functionality by all[+ = bat* report+1  
includ+ by all[+ in/itutions to upload  
"o file ) all requir$ in=mation into !  
database2  7,b7 publi%+ & ma9ta9+ a     
database us]s guide annually1 includ+   
in=mation on h[ to edit an entry & h[ to
 report errors2  7,c7 creat+ a /&+ us]  
gr\p 7to :i* *apt] #aj ( title #e1      
,unit$ ,/ates ,code1 %all n apply7 to   
discuss possible database improvem5ts1  

:i* gr\p %all-- 7i7 include at lea/--   
7,i7 #c memb]s repres5t+ public         
in/itutions ) high or v high levels (   
rese>* activity 7z def9$ by ! ,national 
,c5t] = ,education ,/ati/ics72  7,,ii7  
#b memb]s repres5t+ private1 nonpr(it   
in/itutions ) high or v high levels (   
rese>* activity 7z s def9$72  7,,iii7 #b
 memb]s repres5t+ propriet>y in/itutions
 ( high] education 7z def9$ 9 section   
#ajb7;b772 &  7,,iv7 #b memb]s repres5t+
 area c>e] & te*nical education s*ools  
7z def9$ 9 subp>agraph 7,c7 or 7,d7 (   
section #c7c7 ( ! ,c>l ,d4 ,p]k9s ,c>e] 
& ,te*nical ,education ,act ( #bjjf72 & 
7ii7 meet at lea/ twice a ye> ) (ficials
 f ! ,dep>tm5t to discuss possible      
database improvem5ts2  7,d7 publi%+1 on 
a publicly available website1 recomm5d$ 
database improvem5ts foll[+ ea* meet+   
describ$ 9 subp>agraph 7,c77ii72 &  7,e7
 respond+1 on a publicly available      
website1 to ea* recomm5dation publi%$ "u
 subp>agraph 7,d7 z to :e!r or n !      
,dep>tm5t w implem5t ! recomm5dation1   

includ+ ! rationale = ei!r approv+ or   
reject+ ! recomm5dation2  7#c7 provide1 
e #ij days aft] ! date ( enactm5t ( !   
,,det]r5t ,act1 /atus updates on any    
p5d+ or complet$ inve/igations & civil  
actions "u subsection 7a77#a7 to-- 7,a7 
! au?oriz+ committees2 &  7,b7 any      
in/itution t is ! subject ( su*         
inve/igation or action2  7#d7 ma9ta91 on
 a publicly accessible website-- 7,a7 a 
full compreh5sive li/ ( all =eign       
c\ntries ( conc]n & =eign entities (    
conc]n2 &  7,b7 ! date on :i* ! la/     
update 0 made to su* li/2 &  7#e7 n lat]
 ?an #g days aft] mak+ an update to !   
li/ ma9ta9$ 9 p>agraph 7#d77;,a71 notify
 ea* in/itution requir$ to comply ) !   
sections li/$ 9 p>agraph 7#a7 ( su*     
update4  7c7 ,def9itions ,= purposes (  
sections #aag1 #aag;,a1 #aag;,b1        
#aag;,c1 & ?is section3 7#a7 ,=eign     
c\ntry ( conc]n ,! t]m =eign c\ntry (   
conc]n includes ! foll[+3 7,a7 ,a c\ntry
 t is a cov]$ nation 7z def9$ 9 section 
#dhgb7;d7 ( title #aj1 ,unit$ ,/ates    

,code74  7,b7 ,any c\ntry t ! ,secret>y1
 9 consultation ) ! ,secret>y ( ,def5se1
 ! ,secret>y ( ,/ate1 & ! ,director (   
,national ,intellig5ce1 det]m9es to be  
engag$ 9 conduct t is detrim5tal to !   
national security or =eign policy ( !   
,unit$ ,/ates4  7#b7 ,=eign entity (    
conc]n ,! t]m =eign entity ( conc]n has 
! mean+ giv5 su* t]m 9 section          
#ajfab7;a7 ( ! ,rese>* & ,developm5t1   
,competition1 & ,innovation ,act 7#db   
,u4,s4,c4 #aibba7;a77 & includes a =eign
 entity t is id5tifi$ on ! li/ publi%$  
"u section #abhf7;c77#h77;,a7 ( ! ,john 
,s4 ,mc,cain ,national ,def5se          
,au?orization ,act = ,fiscal ,ye> #bjai 
7#aj ,u4,s4,c4 #bb #djja note2 ,public  
,law #aae-bcb74  7#c7 ,in/itution ,! t]m
 in/itution means an in/itution ( high] 
education 7z su* t]m is def9$ 9 section 
#ajb1 o!r ?an an in/itution describ$ 9  
subsection 7a77#a77;c7 ( su* section74  
4  7b7 ,program p>ticipation agreem5t   
,section #dhg7;a7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4 #ajid7 is   

am5d$ by add+ at ! end ! foll[+3  7#cj7 
7,a7 ,an in/itution w comply ) !        
requirem5ts ( sections #aag1 #aag;,a1   
#aag;,b1 & #aag;,c4  7,b7 ,an in/itution
 t1 = #c consecutive in/itutional fiscal
 ye>s1 violates any requirem5t ( any ( !
 sections li/$ 9 subp>agraph 7,a71      
%all-- 7i7 be ineligible to p>ticipate 9
 ! programs au?oriz$ by ?is title = a   
p]iod ( n less ?an #b in/itutional      
fiscal ye>s2 &  7ii7 9 ord] to rega9    
eligibility to p>ticipate 9 su*         
programs1 demon/rate compliance ) all   
requirem5ts ( ea* su* section = n less  
?an #b in/itutional fiscal ye>s aft] !  
in/itutional fiscal ye> 9 :i* su*       
in/itution became ineligible4  4  7c7   
,,gao /udy ,n lat] ?an "o ye> aft] !    
date ( ! enactm5t ( ?is ,act1 !         
,comptroll] ,g5]al ( ! ,unit$ ,/ates--  
7#a7 %all conduct a /udy to id5tify ways
 to improve int]gov]nm5tal ag5cy        
coord9ation reg>d+ implem5tation &      
en=cem5t ( sections #aag1 #aag;,a1      
#aag;,b1 & #aag;,c ( ! ,high] ,education

 ,act ( #aife 7#bj ,u4,s4,c4 #ajaa;f71 z
 am5d$ or add$ by ?is ,act1 includ+     
increas+ in=mation %>+1 increas+        
compliance rates1 & e/abli%+ processes =
 en=cem5t2 &  7#b7 %all submit to !     
,congress1 & make public1 a report      
conta9+ ! results ( su* /udy4