require the reporting of funding given by certain persons and governments to institutions under the control of the Board of Regents and the South Dakota Board of Technical Education.
What changed between versions
Added reporting requirements for the South Dakota Board of Technical Education, which was not included in the original version.
Defined 'foreign entity,' 'foreign government,' 'foreign person,' and 'foreign source' to specify which organizations and countries are subject to reporting.
Adjusted the definition of 'Funding' for the Board of Regents to exclude tuition payments for students, while the Board of Technical Education definition excludes tuition for its enrolled students.
Requires annual public reports listing the amount, source, purpose, and details of any funding from foreign sources received by institutions under each board's control.
Sets the effective date for reporting requirements to funding received on or after July 1, 2026, with reports due by August 31 each year.