The Foreign Adversaries Out of Postsecondary Education Act aims to prohibit postsecondary institutions in Nebraska from accepting funding or entering into agreements with designated foreign adversaries, which include countries such as China, Russia, Iran, North Korea, and Qatar. The bill specifically forbids institutions from soliciting or accepting gifts, grants, or contracts from these entities and requires any funds received in violation of the act to be returned to the State Treasurer. Institutions are also mandated to report significant foreign funding to the Coordinating Commission for Postsecondary Education to ensure transparency and compliance with federal requirements.

In addition to these restrictions, the legislation imposes penalties for non-compliance, including forfeiture of funds and ineligibility for state-funded research grants. It mandates the closure of Confucius Institutes or similar entities funded by foreign adversaries by December 31, 2026, and grants the Governor the authority to designate additional foreign adversaries. The Attorney General is responsible for monitoring compliance and investigating violations. The bill also includes provisions for law enforcement training related to the act, with an annual allocation of $250,000 to the Nebraska State Patrol and another $250,000 to the Attorney General for investigations. The act will take effect immediately upon passage and approval, with an operative date of July 1, 2026, and includes a clause ensuring the validity of remaining sections if any part is deemed unconstitutional.