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HR 1023 · in committee · significant

RIFA Act

What this bill does

  • Large private colleges must report their investments in countries like China, Russia, Iran, and North Korea to the Education Department.
  • This applies to private universities with over $6 billion in assets or $250 million in investments of concern.
  • The Education Department will publish a searchable database of these reports and can penalize violations by reducing federal student aid eligibility.

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Community Threads

Started by Cosponsor

  1. 01

    What investment activities in adversarial nations should trigger mandatory disclosure, and how would colleges distinguish between prohibited investments and legitimate academic or humanitarian engagements?

  2. 02

    How might reduced federal student aid eligibility affect students at universities that don't comply, and does this penalty mechanism create unintended consequences for aid recipients?

  3. 03

    What evidence suggests that requiring colleges to report these investments would meaningfully impact U.S. national security compared to existing government monitoring of financial flows?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-UT-4

Burgess Owens

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In Congress

1/ 435

House Reps cosponsoring

Introduced 2025-02-05

Joining the bill

Legislative timeline

  1. 2025-02-05 · house · IntroReferral

    Referred to the House Committee on Education and Workforce.

  2. 2025-02-05 · IntroReferral

    Introduced in House

  3. 2025-02-05 · IntroReferral

    Introduced in House

Congress.gov ↗

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