H.R. 6188, The Foreign Business Bribery Prohibition Act of 2008

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 6188 would authorize certain private rights of action under the Foreign Corrupt Practices Act of 1977 for violations by foreign concerns that damage domestic businesses.

Detailed Summary

Foreign Business Bribery Prohibition Act of 2008 - Amends the Foreign Corrupt Practices Act of 1977 to make a foreign concern liable for up to treble damages to any issuer, domestic concern, or U.S. person as a result of violating certain anti-bribery prohibitions. (In effect, authorizes a private right of action against such concerns.)

Status of the Legislation

Latest Major Action: 6/4/2008: Referred to House committee. Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, 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.

Points in Favor

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Points Against

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