Transparency in Foreign Investment – Act 1020 of 2021
Act 1020 of 2021, The Transparency in Foreign Investment Act, requires two- and four-year state-supported institutions of higher education to submit to the Department of Finance and Administration and the Department of Public Safety an annual report by July 31st of each year that discloses:
- Gifts valued at more than $250,000 the institution receives from a foreign source; and
- Contracts valued at more than $250,000 the institution enters into with a foreign source.
Under Act 1020, the Department of Finance and Administration is required to post the disclosures that are received from institutions of higher education to its website. Even if the institution does not have any foreign contracts or gifts, the institution is still required to submit a report to the Department of Finance and Administration and the Department of Public Safety.
Below are the reports provided by two- and four-year state-supported institutions of higher education to the Department of Finance and Administration pursuant to Act 1020:
2021
- Arkansas State University
- University of Arkansas – Pulaski Technical College
- University of Arkansas Community College Batesville
- University of Arkansas Community College Morrilton
- University of Arkansas Criminal Justice Institute
- University of Arkansas – Fayetteville
- University of Arkansas – Fort Smith
- University of Arkansas – Hope & Texarkana
- University of Arkansas – Little Rock
- University of Arkansas – Pine Bluff
- University of Arkansas for Medical Sciences
- University of Central Arkansas
2022
- University of Arkansas at Little Rock
- University of Arkansas at Fayetteville
- University of Arkansas for Medical Science
- University of Arkansas – Fort Smith