HR. 1023In Committee
RIFA Act
Requires certain private colleges with major holdings tied to foreign countries or entities of concern to report those investments annually and makes the disclosures subject to federal oversight
Plain-English overview
What this bill does
Requires certain private colleges with major holdings tied to foreign countries or entities of concern to report those investments annually and makes the disclosures subject to federal oversight
Key points
- Establish public disclosure database
- Require annual investment reports
- Authorize penalties for violations
- Direct Education Department investigations
Current status
Where it stands
Status
In Committee
Latest action
2025-02-05 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
undefinedCivil actions and liabilityEducationEducation programs fundingFinancial services and investmentsGovernment information and archivesHigher educationSubversive activities