# 119-s-1684: A bill to require audits of institutions with respect to disclosures of foreign gifts, and for other purposes.

119-s-1684, A bill to require audits of institutions with respect to disclosures of foreign gifts, and for other purposes., is a 119th Congress bill sponsored by Sen. Cruz, Ted [R-TX] (R-TX); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-1684
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1684
- Congress: 119
- Title: A bill to require audits of institutions with respect to disclosures of foreign gifts, and for other purposes.
- Status: introduced
- Introduced: 2025-05-08
- Sponsor: Sen. Cruz, Ted [R-TX] (R-TX)
- Cosponsors: 0
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Stronger audits and steep excise taxes on foreign funding at U.S. colleges and universities.** This bill creates a new audit program under the Higher Education Act and adds two excise taxes that target foreign-sourced gifts and unreported foreign funding.

## Provisions PRIA read

- 300% tax on some foreign gifts: cost, medium. If enacted, certain colleges would pay a tax equal to 300% of income they receive from foreign "countries of concern". It would apply only to "applicable institutions" with at least 500 tuition-paying students last year and with over 50% of those students located in the United States. The tax would…
- Penalty tax for unreported foreign funds: cost, medium. If enacted, an institution would owe a tax equal to 110% of any foreign gifts or contracts an audit finds it failed to report. The tax would be due within 180 days after the institution is notified of the audit results. If the unreported funds come from a foreign country of concern, this tax would…
- Colleges face more foreign-gift audits: mixed, low. If enacted, the Education Secretary would audit at least 30 colleges every two years, starting within 60 days. Each audit would check the two prior reporting years. Audits must list any under- or over-reported foreign gifts or contracts and give donor country and dates. Audit reports would go to Co…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-524: Coast Guard Authorization Act of 2025
- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-4668: Protect College Sports Act of 2026
- 119-s-2975: PIPELINE Safety Act of 2025
- 119-s-306: Fire Ready Nation Act of 2025

## Sources
- [119-s-1684 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1684)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-524: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-s-524)
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-4668: Protect College Sports Act of 2026](https://policyrisk.com/legislation/119-s-4668)
- [119-s-2975: PIPELINE Safety Act of 2025](https://policyrisk.com/legislation/119-s-2975)
- [119-s-306: Fire Ready Nation Act of 2025](https://policyrisk.com/legislation/119-s-306)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1684 (as of 2025-12-21).