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Code · STATUTE-COMPILATIONS · National Defense Authorization Act for Fiscal Year 2024 · Sec. 5801

Sec. 5801. ASSESSMENT OF GIFTS AND GRANTS TO UNITED STATES INSTITUTIONS OF HIGHER EDUCATION FROM ENTITIES ON THE NON-SDN CHINESE MILITARY-INDUSTRIAL COMPLEX COMPANIES LIST

253 words·~1 min read·/statute-compilations/comps-17632/sec-5801

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 5801 ASSESSMENT OF GIFTS AND GRANTS TO UNITED STATES INSTITUTIONS OF HIGHER EDUCATION FROM ENTITIES ON THE NON-SDN CHINESE MILITARY-INDUSTRIAL COMPLEX COMPANIES LIST ###
(a)In General Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the appropriate congressional committees an assessment of gifts and grants to United States institutions of higher education from entities on the Non-SDN Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control. ###
(b)Elements The Secretary, in consultation with the Secretary of Education, shall include in the assessment required by subsection
(a)an estimate of— ####
(1)a list and description of each of the gifts and grants provided to United States institutions of higher education by entities described in subsection (a); and ####
(2)the monetary value of each of those gifts and grants. ###
(c)Definitions In this section: ####
(1)The term “appropriate congressional committees” means— #####
(A)the Committee on Banking, Housing, and Urban Affairs and the Committee on Health, Education, Labor, and Pensions of the Senate; and #####
(B)the Committee on Financial Services and the Committee on Education and the Workforce of the House of Representatives. ####
(2)The term “gifts and grants” includes financial contributions, material donations, provision of services, scholarships, fellowships, research funding, infrastructure investment, contracts, or any other form of support that provides a benefit to the recipient institution. ### DIVISION F DEPARTMENT OF STATE AUTHORIZATION ACT OF 2023
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