Transfers foreign gift and contract reporting duties from the Department of Education to the Department of State.

The Less Bureaucracy, Better International Foreign Gift Transparency Act shifts the responsibility for managing foreign gift and contract reporting from the Department of Education to the Department of State. This includes transferring all related functions, personnel, assets, and unexpended funds. The Secretary of State will assume the duties previously held by the Secretary of Education under section 117 of the Higher Education Act of 1965. The Director of the Office of Management and Budget will ensure no net increase in full-time equivalent employees occurs at the affected agencies.

Transfers foreign gift and contract reporting duties from the Department of Education to the Department of State.

The Less Bureaucracy, Better International Foreign Gift Transparency Act shifts the responsibility for managing foreign gift and contract reporting from the Department of Education to the Department of State. This includes transferring all related functions, personnel, assets, and unexpended funds. The Secretary of State will assume the duties previously held by the Secretary of Education under section 117 of the Higher Education Act of 1965. The Director of the Office of Management and Budget will ensure no net increase in full-time equivalent employees occurs at the affected agencies.