S.B. No. 1067 aims to prohibit public institutions of higher education and their employees 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, defining "designated country" as those identified by the U.S. Director of National Intelligence in recent Annual Threat Assessments. It specifies that institutions and employees cannot accept contributions from governmental entities, political parties, or companies headquartered in these designated countries if a governmental entity from the designated country has an ownership interest in the company.

Additionally, the bill mandates that any funds or valuables received in violation of this prohibition must be returned to the original providers. The Texas Higher Education Coordinating Board is authorized to adopt necessary rules for the implementation of this section. The provisions of this act are set to take effect on September 1, 2025.

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