US HB5438 | 2015-2016 | 114th Congress

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on June 9 2016 - 25% progression, died in committee
Action: 2016-06-15 - Referred to the Subcommittee on the Constitution and Civil Justice.
Pending: House Subcommittee on the Constitution And Civil Justice Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Foreign Business Bribery Prohibition Act of 2016 This bill amends the Foreign Corrupt Practices Act of 1977 (FCPA) to authorize private rights of action against persons that violate the FCPA's anti-bribery provisions, which prohibit giving things of value to foreign officials or political parties for purposes of obtaining or retaining business. A person that violates the FCPA's anti-bribery provisions shall be liable for up to treble damages to a securities issuer, domestic business concern, or U.S. person damaged by the violation. A plaintiff must prove an FCPA anti-bribery violation by the defendant that: (1) prevented the plaintiff from obtaining or retaining business, and (2) assisted the defendant in obtaining or retaining such business.

Tracking Information

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Title

Foreign Business Bribery Prohibition Act of 2016

Sponsors


History

DateChamberAction
2016-06-15HouseReferred to the Subcommittee on the Constitution and Civil Justice.
2016-06-09HouseReferred to House Financial Services
2016-06-09HouseReferred to House Judiciary
2016-06-09HouseReferred to House Energy and Commerce
2016-06-09HouseReferred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2016-06-09HouseIntroduced in House

Subjects


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