; and (3) the term professional staff means professional employees, as defined in section 3 of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 203 ). . (c) Regulations (1) In general Not later than 1 year after the date of enactment of this Act, the Secretary of Education shall begin the negotiated rulemaking process under section 492 of the Higher Education Act of 1965 ( 20 U.S.C. 1098a ) to carry out the amendments made by subsections (a) and (b). (2) Issues Regulations issued pursuant to paragraph (1) to carry out the amendment made by subsection (a) shall, at a minimum, address the following issues: (A) Instructions on reporting structured gifts and contracts. (B) The inclusion in institutional reports of gifts received from, and contracts entered into with, foreign sources by entities and organizations, such as research foundations, that operate substantially for the benefit or under the auspices of the institution. (C) Procedures to protect confidential or proprietary information included in gifts and contracts. (D) The alignment of such regulations with the reporting and disclosure of foreign gifts or contracts required by other Federal agencies. (E) The treatment of foreign gifts or contracts involving research or technologies identified as being associated with a national security risk or concern by the Federal Research Security Council as described under section 7902 of title 31, United States Code, as added by section 4493 of this Act. 531. Public database There is established an interagency group, which shall be led by the Director of National Intelligence, to be responsible for creating and maintaining a public database assisting United States persons, including companies, universities, and individuals, in conducting due diligence on potential business or academic partners in China. Such database should contain information enabling users to identify the manner and extent to which the military, United Front Work Department, intelligence agencies, or security agencies of the Government of the People’s