23RS HB 168

House Bill 168

Actions

Last Action	02/07/23: to Committee on Committees (H)
Title	AN ACT relating to postsecondary education institutions.
Bill Documents	Introduced
Bill Request Number	1130
Sponsor	W. Williams
Summary of Original Version	Create a new section of KRS Chapter 164 to establish definitions; prohibit public postsecondary education institution from engaging in certain activities with foreign countries of concern; require public postsecondary education institutions to submit certain agreements with foreign countries of concern to appropriate federal agencies for review and notice; require all postsecondary institutions, affiliated corporations, and associated organizations to submit semiannual reports to the Council on Postsecondary Education and the Auditor of Public Accounts for gifts of $50,000 or more from foreign sources; establish contents of report; require the Auditor of Public Accounts to annually audit at least 5% of the total number of gifts disclosed during the previous year; require the Auditor of Public Accounts to audit gifts upon the request of the Governor, President of the Senate, or Speaker of the House of Representatives; establish a penalty for failure to disclose to be enforced by Auditor of Public Accounts; and authorize the Attorney General to bring civil action to enforce.
Index Headings of Original Version	Education, Finance - Postsecondary financial activity, foreign country of concern, regulation Education, Higher - Financial activity, foreign country of concern, regulation Education, Vocational - Postsecondary financial activity, foreign country of concern, regulation International Trade and Relations - Postsecondary institution activities, foreign country of concern, regulation Reports Mandated - Postsecondary institution activities, foreign country of concern, Council on Postsecondary Education Auditor of Public Accounts - Postsecondary institution activities, foreign country of concern, audit Audits and Auditors - Postsecondary institution activities, foreign country of concern, audit Civil Actions - Postsecondary institutions, foreign gifts report requirement, violation Contracts - Postsecondary institution activities, foreign country of concern, regulation Corporations - Affiliated corporation, postsecondary institutions, foreign gifts Corporations - Associate organization, postsecondary institutions, foreign gifts