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Senate advances bill to lower disclosure threshold for higher-education donations; debate centers on donor anonymity and foreign gifts
Summary
First-substitute House Bill 114 passed to third reading after floor debate. The bill would require institutions to file donations of $50,000 or more (down from $250,000 federal threshold) with the State Board of Regents; senators questioned the effect on anonymous donors and whether foreign influence is a present problem in Utah.
The Senate voted to advance a measure requiring greater disclosure of donations to higher-education institutions and lowering the state visibility threshold.
Senator Stevenson presented the first-substitute House Bill 114, saying the measure requires institutions to file the same reports they send to the federal government with the State Board of Regents and lowers the reporting threshold from $250,000 to $50,000 to…
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