S.B. No. 1067 aims to prohibit public institutions of higher education, as well as their employees and spouses, from soliciting or accepting gifts, grants, donations, or investments from certain foreign entities identified as posing a risk to U.S. national security. The bill introduces a new section, 51.984, to the Education Code, which defines "designated country" and outlines the specific entities from which these institutions and individuals cannot accept contributions. These include governmental entities and political parties from designated countries, as well as companies headquartered in those countries that have ownership interests held by governmental entities.

Additionally, the bill mandates that institutions of higher education include a prohibition against such conduct in employment contracts and requires the return of any funds or valuables received in violation of this section. The Texas Higher Education Coordinating Board is authorized to adopt necessary rules for implementation. The provisions of this bill will apply to contracts entered into or renewed on or after its effective date of September 1, 2025, while contracts made prior to this date will be governed by the existing law.

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