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House lowers foreign‑donation disclosure threshold for public campuses to $50,000
Summary
First-substitute HB114 would require public colleges and universities to report foreign gifts of $50,000 or more to the Board of Regents (down from the current $250,000 federal threshold); the House approved the substitute after adopting clarifying language limiting interim reporting to the gifts defined in subsection 1.
The House approved a first-substitute of HB114 to expand transparency over foreign donations to public higher-education institutions by lowering the reporting threshold from $250,000 to $50,000.
Representative Brooks David Wimmer, sponsor of the substitute, said the change would not create a new federal requirement but would require institutions to carbon‑copy the Board of Regents when they…
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