DETERRENT Act

The DETERRENT Act requires colleges and universities to disclose foreign gifts and contracts worth $50,000 or more, including details about the foreign source, purpose, and value, with a public database for transparency. It establishes a waiver process for institutions seeking to contract with "foreign countries of concern" or "foreign entities of concern" while imposing fines up to 100-200% of investment value for non-compliance. The law primarily affects institutions receiving federal funds, particularly those with significant research funding, and mandates policies for faculty and staff regarding foreign gifts. It also requires interagency sharing of information with intelligence and law enforcement agencies to address potential national security concerns.