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Oklahoma Legislature· SB 349Coauthored by Representative Hays (principal House author)

An act relating to higher education, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                           STATE OF OKLAHOMA

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2                  1st Session of the 60th Legislature (2025)

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3 SENATE BILL 349                By: Bergstrom
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6                           AS INTRODUCED

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7   An Act relating to higher education; defining terms;

7   requiring certain institutions of higher education to

8   provide certain report on certain funding by the

8   first day of each calendar quarter; providing for

9   contents of report; directing the report to be

9   subject to certain act and posted on certain

10  institution's website; requiring report to be

10  electronically submitted to the Governor and the

11  chairs of certain committees; subjecting covered

11  institutions to certain fine for willful failure to

12  include certain information in certain report;

12  directing fine amount and unreported funding to be

13  deposited in certain fund; allowing the Attorney

13  General to investigate noncompliance; providing

14  certain construction; providing for promulgation of

14  rules; providing for codification; providing an

15  effective date; and declaring an emergency.

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18 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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19  SECTION 1.     NEW LAW  A new section of law to be codified

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20 in the Oklahoma Statutes as Section 3260 of Title 70, unless there
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21 is created a duplication in numbering, reads as follows:
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22  A. As used in this section:

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    Req. No. 1075                                              Page 1
1   1. "Contract" means any agreement for the acquisition by

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2 purchase, lease, or barter of property or services by a foreign
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3 source for the direct benefit or use of either of the parties;
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4   2. "Covered institution" means any institution of higher

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5 education within The Oklahoma State System of Higher Education or a
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6 private institution of higher education located within this state
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7 and accredited pursuant to Section 4103 of Title 70 of the Oklahoma
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8 Statutes;
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9   3. "Foreign source" means:

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10  a. a foreign government including an agency of a foreign

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11                 government,

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12  b. a legal entity, governmental or otherwise, created

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13                 solely under the laws of a foreign government,

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14  c. an individual who is not a citizen or a national of

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15                 the United States or a trust territory or protectorate

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16                 thereof, and

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17  d. an agent including a subsidiary or affiliate of a

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18                 foreign legal entity acting on behalf of a foreign

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19                 source; and

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20  4. "Reportable funding" means any contract, gift, grant,

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21 endowment, award, or donation or payment in exchange for services,
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22 capital investment, salary, wage, compensation, fee, or other
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23 monetary exchange including any pledge, promise, agreement, or
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24 expressed intention by a foreign source to provide funding which
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    Req. No. 1075                Page 2
1 exceeds Fifty Thousand Dollars ($50,000.00) in value or is expected
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2 to exceed Fifty Thousand Dollars ($50,000.00) in value over the
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3 projected length of the funding relationship between the covered
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4 institution and a foreign source.
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5   B. Except as provided for in subsection E of this section, each

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6 covered institution shall provide on the first day of each calendar
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7 quarter a report detailing all reportable funding received by the
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8 covered institution from a foreign source during the previous
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9 calendar quarter. The report shall include:
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10  1. The amount of reportable funding received;

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11  2. A description of the type of reportable funding and the

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12 purpose thereof including whether the funding reported is part of an
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13 ongoing relationship with the foreign source;
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14  3. A detailed description of the foreign source providing the

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15 funding including the name and address of the entity or individual
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16 providing the funding; and
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17  4. A copy of any contract, agreement, pledge, or memorandum of

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18 understanding associated with the funding.
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19  C. The report required by subsection B of this section shall be

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20 a public record subject to the Oklahoma Open Records Act and shall
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21 be timely posted and regularly updated on the covered institution's
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22 website. A copy of the report shall be electronically submitted to
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23 the Governor and the chairs of the Senate and House of
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    Req. No. 1075                                          Page 3
1 Representatives committees with responsibility over higher
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2 education.
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3   D. Willful failure of the covered institution to include

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4 reportable funding in a report required by subsection B of this
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5 section shall subject the covered institution to a fine of up to Ten
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6 Thousand Dollars ($10,000.00) per incident. The fine amount and the
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7 amount of reportable funding not included in the report required by
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8 subsection B of this section shall be deposited in the General
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9 Revenue Fund. The Attorney General may investigate a covered
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10 institution for noncompliance with the provisions of this section.
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11  E. The provisions of this section shall not apply to payments

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12 made by an individual who would otherwise qualify as a foreign
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13 source for tuition and related fees to support an individual
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14 enrolled as a student at the covered institution.
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15  F. The Oklahoma State Regents for Higher Education may

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16 promulgate rules to implement the provisions of this section.
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17  SECTION 2. This act shall become effective July 1, 2025.

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18  SECTION 3. It being immediately necessary for the preservation

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19 of the public peace, health, or safety, an emergency is hereby
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20 declared to exist, by reason whereof this act shall take effect and
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21 be in full force from and after its passage and approval.
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23  60-1-1075      EB  1/3/2025 10:12:47 AM

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    Req. No. 1075                                             Page 4
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