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$50K threshold for college foreign gift reporting passes House panel

Summary by Higher Ed Drive
The bill would lower the reporting floor from $250,000 and require a waiver for colleges to enter contracts with “countries of concern” like China and Russia.

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Higher Ed DriveHigher Ed Drive

$50K threshold for college foreign gift reporting passes House panel

The bill would lower the reporting floor from $250,000 and require a waiver for colleges to enter contracts with “countries of concern” like China and Russia.

·United States
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Higher Ed Drive broke the news in United States on Thursday, February 13, 2025.
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