This bill amends section 85-906 of the Revised Statutes Supplement, 2025, to redefine terms related to reportable funding from foreign adversarial sources in the context of postsecondary education. Key changes include the clarification of what constitutes a "contract" between covered institutions and foreign adversarial sources, as well as a more detailed definition of "foreign adversarial source." Notably, the bill specifies that "reportable funding" does not include salary, wages, or compensation, thereby narrowing the scope of what must be reported by educational institutions.

Under the new provisions, each covered institution is required to submit biannual reports to the Coordinating Commission for Postsecondary Education detailing all reportable funding received. These reports must include specific information about the funding, such as the amount, purpose, and details about the foreign adversarial source. However, payments made by individuals for tuition or related fees are exempt from this reporting requirement. The Coordinating Commission is also tasked with making these reports publicly available on its website. The original section 85-906 is repealed as part of this legislative update.

Statutes affected:
Introduced: 85-906