Instructing Noteworthy Steps toward Transparency to Rout and Undo Calamitous Transactions Act of 2025
A BILL
To amend the Higher Education Act of 1965 to require additional information in disclosures of foreign gifts and contracts from foreign sources.
Sec. 2 Interagency information sharing
“(e)
“(1) Public inspection—All disclosure reports required by this section shall be public records open to inspection and copying during business hours.
“(2) Interagency information sharing—Not later than 30 days after receiving a disclosure report from an institution in compliance with this section, the Secretary shall transmit an unredacted copy of such report (that includes the name and address of a foreign source disclosed in such report) to the Director of the Federal Bureau of Investigation, the Director of National Intelligence, the Director of the Central Intelligence Agency, the Secretary of State, the Secretary of Defense, the Attorney General, the Secretary of Commerce, the Secretary of Homeland Security, the Secretary of Energy, the Director of the National Science Foundation, and the Director of the National Institutes of Health.”