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]
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.
Title
Foreign Business Bribery Prohibition Act of 2016
Sponsors
| Rep. Ed Perlmutter [D-CO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-15 | House | Referred to the Subcommittee on the Constitution and Civil Justice. |
| 2016-06-09 | House | Referred to House Financial Services |
| 2016-06-09 | House | Referred to House Judiciary |
| 2016-06-09 | House | Referred to House Energy and Commerce |
| 2016-06-09 | House | Referred 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. |
| 2016-06-09 | House | Introduced in House |
Subjects
Business ethics
Civil actions and liability
Commerce
Corporate finance and management
Foreign and international corporations
Government ethics and transparency, public corruption
Securities
Civil actions and liability
Commerce
Corporate finance and management
Foreign and international corporations
Government ethics and transparency, public corruption
Securities
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/5438/all-info |
| Text | https://www.congress.gov/114/bills/hr5438/BILLS-114hr5438ih.pdf |
