To amend the Higher Education Act to require disclosure of certain foreign investments within endowments.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Higher Education Act to require disclosure of certain foreign investments within endowments., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Science & Space, Defense.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H724DD2A4D9664B1884AB1551FFD06BDC: 1. Short title This Act may be cited as the Reporting on Investments in Foreign Adversaries Act or the RIFA Act.
- Section HFE3F185C656E4610B72C59A852282DB5: 2. Investment disclosure report Part B of title I of the Higher Education Act of 1965 (20 U.S.C. 1011 et seq.) is amended by inserting after section 117 the...
- Section H3BCA244000C84163AC3ABF277F4A42B9: 117A. Investment disclosure report A specified institution shall file a disclosure report in accordance with subsection (b) with the Secretary on July 1...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Higher Education Act to require disclosure of certain foreign investments within endowments., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Science & Space, Defense
Primary Purpose
This bill, To amend the Higher Education Act to require disclosure of certain foreign investments within endowments., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Owens (for himself and Ms. Foxx) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_defense"
- → Secretary of Defense
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an institution if— such institution is not a public institution
an institution if— such institution is not a public institution
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology