Introduced
S. 1684
Introduced in Senate · May 23, 2025May 8, 2025
Mr. Cruz introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To require audits of institutions with respect to disclosures of foreign gifts, and for other purposes.
Excise tax on contributions to colleges and universities by foreign countries of concern
Excise tax on failure to report contributions by foreign entities
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Audits of institutions with respect to disclosures of foreign gifts.