This bill reauthorizes and modernizes federal programs supporting international and foreign language education in U.S. colleges and universities. It creates new grant programs for research on international education capacity, innovation projects to improve how foreign language and global studies are taught and delivered, and initiatives linking professional education in fields like business, engineering, and health with global competencies and language skills. The legislation affects colleges, universities, community colleges, and nonprofit organizations that would compete for federal grants, as well as students who could benefit from enhanced international education opportunities. The bill requires grant recipients to contribute at least one-third of project costs (with waivers available for minority-serving institutions and community colleges), and it authorizes "such sums as may be necessary" for fiscal years 2025 through 2030, meaning Congress would need to appropriate specific funding amounts later. The bill consolidates existing programs and eliminates redundant requirements while emphasizing partnerships between educational institutions and employers to ensure graduates develop practical global skills.