IN SB0378

State educational institutions, Ivy Tech Community College, and Vincennes University must disclose gifts exceeding $100,000 from foreign governments, foreign legal entities, or foreign persons, including the amount, terms, restrictions, and intended purpose

If multiple gifts from a foreign source total more than $100,000 in a fiscal year, all such gifts must be reported

Disclosures must be filed electronically with the Commission for Higher Education and the Education Roundtable within 30 days after the end of the institution's fiscal year

The name of a foreign legal entity must be disclosed if the gift contains conditions affecting curricula, faculty employment, student admissions, student fees, or requires the institution to take specific public positions or award honorary degrees

Disclosure information must remain publicly available on the websites of the Education Roundtable and Commission for Higher Education for five years