S.Amdt. 284

SA 284. Mr. SCOTT of South Carolina submitted an amendment intended
to be proposed by him to the bill S. 2226, to authorize appropriations
for fiscal year 2024 for military activities of the Department of
Defense, for military construction, and for defense activities of the
Department of Energy, to prescribe military personnel strengths for
such fiscal year, and for other purposes; which was ordered to lie on
the table; as follows:

At the end of subtitle D of title XII, add the following:

SEC. 1269. ASSESSMENT OF IMPACT AND FEASIBILITY OF
RESTRICTING GIFTS AND GRANTS TO UNITED STATES
INSTITUTIONS OF HIGHER EDUCATION FROM ENTITIES
ON THE NON-SDN CHINESE MILITARY-INDUSTRIAL
COMPLEX COMPANIES LIST.

(a) In General.--Not later than 180 days after the date of
the enactment of this Act, the Secretary of the Treasury
shall submit to the appropriate congressional committees an
assessment of the impact and feasibility of restricting gifts
and grants to United States institutions of higher education
from entities on the Non-SDN Chinese Military-Industrial
Complex Companies List maintained by the Office of Foreign
Assets Control.
(b) Elements.--The Secretary, in consultation with the
Secretary of Education, shall include in the assessment
required by subsection (a) an estimate of--
(1) the total number of gifts and grants provided to United
States institutions of higher education by entities described
in subsection (a); and
(2) the monetary value of those gifts and grants.
(c) Definitions.--In this section:
(1) Appropriate congressional committees.--The term
``appropriate congressional committees'' means the Committee
on Banking, Housing, and Urban Affairs of the Senate and the
Committee on Financial Services of the House of
Representatives.
(2) Gifts and grants.--The term ``gifts and grants''
includes financial contributions, material donations,
provision of services, scholarships, fellowships, research
funding, infrastructure investment, or any other form of
support that provides a benefit to the recipient institution.
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