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H.R.5438 / 114th Congress

Foreign Business Bribery Prohibition Act of 2016

Referred to the Subcommittee on the Constitution and Civil Justice.

Official summary

Version 00 · Introduced in House · Jun 9, 2016

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.

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Who introduced it

Rep. Perlmutter, Ed [D-CO-7] · D–CO

Committees

  • Judiciary Committee
  • Financial Services Committee
  • Energy and Commerce Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on the Constitution and Civil Justice.

    2. 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.

    3. 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.

    4. 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.

    5. 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.

    6. Introduced in House

    7. Introduced in House

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