DETERRENT Act

This bill increases the rules about colleges and universities reporting money, gifts, or contracts they receive from foreign countries and organizations. It lowers the dollar amount that triggers reporting requirements and adds stricter rules for countries considered concerning, like China and Russia, including requiring colleges to get special permission before entering into contracts with those countries. The bill also requires certain colleges to report foreign gifts or contracts connected to their researchers, and it requires some private colleges to file reports about their investments. If colleges break these rules, they could face penalties, including losing access to federal student financial aid programs.

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