HR 5377 · 109th Congress · International Affairs

Corporate Code of Conduct Act

Introduced 2006-05-11· Sponsored by Rep. McKinney, Cynthia A. [D-GA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on International Relations, and in addition to the Committees on Government Reform, 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.(2006-05-11)

Plain Language Summary

[AI summary unavailable — showing source text] Corporate Code of Conduct Act - Requires U.S. nationals that employ 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 necessary steps to implement a specified Corporate Code of Conduct regarding a safe and healthy workplace and internationally recognized environmental, human rights, worker rights, and core labor standards. Requires executive agencies to grant preference in awarding contracts, or in providing certain foreign trade and investment assistance, to those entities that have adopted and are enforcing the Code. Prescribes guidelines for investigations of allegations of noncompliance with the Code. Requires termination of contracts or assistance, and withdrawal, suspension, or limitation of such preference, for any violations determined based on such investigations.…

Summarized by Claude AI · Non-partisan · For informational purposes only