HR 2782 · 107th Congress · International Affairs
Corporate Code of Conduct Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on International Monetary Policy and Trade, for a period to be subsequently determined by the Chairman.(2001-08-24)
Plain Language Summary
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Corporate Code of Conduct Act - Requires any national of the United States that employs more than 20 persons in a foreign country, either directly or through subsidiaries, subcontractors, affiliates, joint ventures, partners, or licensees (including any security forces), to take the necessary steps to implement the Corporate Code of Conduct specified by this Act with respect to the employment of those persons. States that such Corporate Code of Conduct requires that a U.S. national comply with certain principles regarding fair employment, international human rights, and the environment. Requires: (1) Federal agency heads to give preference in the award of contracts to entities adopting and enforcing such Code; (2) the Secretary of Commerce to give preference to such entities that are also U.S. exporters with introduction to contacts in foreign countries, and in coordinating trade missions; (3) the Overseas Private Investment Corporation and the Trade and Development Agency to give such entities preference in providing financing and issuing investment insurance, reinsurance, and guaranties under the Foreign Assistance Act of 1961; and (4) the Export-Import Bank to give such entities…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
19 Democrats1 Independent