To require an institution of higher education to file a disclosure report with the Secretary of Education whenever such institution receives a gift from or enters into a contract with a foreign source, the value of which is $50,000 or more, and for other purposes.

On May 29, 2026, Representative Scott Perry (R-PA) introduced HR9074 in the House. The bill was referred to the House Committee on Education and Workforce. It mandates that institutions of higher education file disclosure reports with the Secretary of Education for any gift from or contract with a foreign source valued at $50,000 or more. This is a transparency and compliance measure aimed at universities, not a spending or procurement bill. There is no authorized funding, no tax credit, and no regulatory change affecting corporations. The bill is in its earliest legislative stage—referred to committee—with no hearings, markups, or companion legislation in the Senate. The sponsor is a junior member (not a committee chair), reducing near-term momentum. No publicly traded companies are directly obligated or benefited by this bill. The only potential indirect effect would be on for-profit education companies (e.g., $EDU, $GNS) if they receive foreign funding, but the bill does not name or specifically target them, and the compliance burden is on the institution, not its investors. The presidential memorandum on critical position pay for national security investment workforce is unrelated to university foreign gift disclosure and is ignored per instructions.