Disclose GIFT Act

This bill requires certain institutions of higher education (IHEs) to disclose gifts or contracts between covered individuals (e.g., researchers) and foreign sources. This bill applies to an IHE that (1) is an eligible institution for purposes of federal student aid programs, and (2) has received more than $50 million in federal funds in any of the previous five calendar years (with at least part to support research and development) or that receives certain other federal funds.

Specifically, the bill requires an IHE to maintain

a policy requiring covered individuals employed at the IHE to annually disclose gifts received from, or contracts entered into with, a foreign source;

a publicly available and searchable database with the disclosed information, excluding personally identifiable information; and

Summary by the Congressional Research Service.