To require public elementary and secondary schools to disclose certain funds received from, or contracts with, a foreign source, and for other purposes.

Bill 119 hr 1005, also known as the "Prohibition of Chinese Government Funding in Schools Act," aims to prevent elementary and secondary schools in the United States from receiving funds or entering into contracts with the Government of the People's Republic of China and the Chinese Communist Party. The bill seeks to address concerns about potential influence and interference from the Chinese government in American educational institutions.

If passed, this legislation would prohibit schools from accepting any financial support or engaging in any agreements with the Chinese government or the Chinese Communist Party. This includes funding for programs, scholarships, research projects, and any other form of support that could potentially compromise the independence and integrity of American schools.

The bill also includes provisions for enforcement and penalties for schools found to be in violation of the prohibition. Schools that are found to have accepted funds or entered into contracts with the Chinese government or the Chinese Communist Party could face financial penalties and other consequences. Overall, the goal of Bill 119 hr 1005 is to safeguard the autonomy and integrity of American educational institutions by preventing undue influence and interference from foreign governments, specifically the Government of the People's Republic of China and the Chinese Communist Party.