S3362-118

Introduced

To amend the Higher Education Act of 1965 to require additional information in disclosures of foreign gifts and contracts from foreign sources, restrict contracts with certain foreign entities and foreign countries of concern, require certain staff and faculty to report foreign gifts and contracts, and require disclosure of certain foreign investments within endowments.

118th Congress Introduced Nov 29, 2023

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 of 1965 to require additional information in disclosures of foreign gifts and contracts from foreign sources, restrict contracts with certain foreign entities and foreign countries of concern, require certain staff and faculty to report foreign gifts and contracts, and 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, Education, Labor.

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 H55E32766616942159B818F87B4F9DF89: 1. Short title This Act may be cited as the Defending Education Transparency and Ending Rogue Regimes Engaging in Nefarious Transactions Act or the DETERRENT...
  • Section HB30ECABE540446159A1A41A054C27C7D: 2. Disclosures of foreign gifts Section 117 of the Higher Education Act of 1965 (20 U.S.C. 1011f) is amended to read as follows: 117.Disclosures of foreign...
  • Section HC64127C570294181A9B0DBAD1FD8450C: 117. Disclosures of foreign gifts An institution shall file a disclosure report in accordance with subsection (b)(1) with the Secretary on July 31 of the...
  • Section H81B7327DB913445B84AB2D0D67E9625F: 117A. Prohibition on contracts with certain foreign entities and countries An institution shall not enter into a contract with a foreign country of concern or...
  • Section H1701FCA1140841A5A48A226DA9EE8795: 3. Policy regarding conflicts of interest from foreign gifts and contracts The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.), as amended by section 2...

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 of 1965 to require additional information in disclosures of foreign gifts and contracts from foreign sources, restrict contracts with certain foreign entities and foreign countries of concern, require certain staff and faculty to report foreign gifts and contracts, and require disclosure of certain foreign investments within endowments., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Education, Labor

Primary Purpose

This bill, To amend the Higher Education Act of 1965 to require additional information in disclosures of foreign gifts and contracts from foreign sources, restrict contracts with certain foreign entities and foreign countries of concern, require certain staff and faculty to report foreign gifts and contracts, and require disclosure of certain foreign investments within endowments., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Education Labor

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Nov 29, 2023

Mr. Tillis (for himself, Mrs. Blackburn, Mr. Braun, Mr. Cornyn, …

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?

Domains
Finance Education Labor
Actor Mappings
"secretary_of_energy"
→ Secretary of Energy
"secretary_of_defense"
→ Secretary of Defense
"secretary_of_commerce"
→ Secretary of Commerce
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_education"
→ Secretary of Education
"secretary_of_homeland_security"
→ Secretary of Homeland Security

Key Definitions

Terms defined in this bill

4 terms
"specified institution, as determined with respect to any calendar year," §H02AD25F85A3E4FE4B978412C5E00EEBB

an institution if— such institution is not a public institution

"specified institution, as determined with respect to any calendar year," §H6EB19573373A4982A07EEB5C56EBCD7D

an institution if— such institution is not a public institution

"restricted or conditional gift or contract" §HB30ECABE540446159A1A41A054C27C7D

any endowment, gift, grant, contract, award, present, or property of any kind which includes provisions regarding— the employment, assignment, or termination of faculty

"restricted or conditional gift or contract" §HC64127C570294181A9B0DBAD1FD8450C

any endowment, gift, grant, contract, award, present, or property of any kind which includes provisions regarding— the employment, assignment, or termination of faculty

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