Loading chat...
IA HSB54
SB
Status
1/22/2025
Primary Sponsor
Higher Education
Click for details
AI Summary
-
Requires Iowa Board of Regents institutions to prepare annual reports by December 31 detailing foreign funding exceeding $50,000, including contracts, gifts, grants, endowments, and other monetary exchanges from foreign governments, foreign legal entities, non-U.S. citizens, or their agents
-
Reports must include the funding amount, type, purpose, detailed description of the foreign source (name and address), and copies of any associated contracts, agreements, or memoranda of understanding
-
Institutions must post reports on their websites by January 15 and submit them to the governor and general assembly; reports are classified as public records under Iowa's open records law
-
Attorney general may bring a writ of mandamus action to compel compliance with reporting requirements
-
Tuition and fee payments made by foreign individuals to support enrolled students are exempt from reporting requirements; bill takes effect January 1, 2026
Legislative Description
A bill for an act requiring reporting by regents institutions of funding from certain foreign sources and including effective date provisions.(See HF 575.)
Last Action
Committee report approving bill, renumbered as HF 575.
2/24/2025