A bill to require audits of institutions with respect to disclosures of foreign gifts, and for other purposes.

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1684 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1684 To require audits of institutions with respect to disclosures of foreign gifts, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 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. 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. Section 117 of the Higher Education Act of 1965 (20 U.S.C. 1011f) is amended-- (1) by redesignating subsections (g) and (h) as subsections (h) and (i), respectively; and (2) by inserting after subsection (f) the following: ``(g) Audit.-- ``(1) In general.--Beginning not later than 60 days after the date of enactment of this subsectio…