Foreign Payments Disclosure Act

[AI summary unavailable — showing source text] Foreign Payments Disclosure Act - Requires any person who makes payments to any individual or entity in connection with an official action, sale, or contract with a foreign government for the commercial benefit of the person or foreign affiliate to report such payments to the Secretary of Commerce under regulations issued by such Secretary. Authorizes the Secretary to promulgate bookkeeping regulations and to conduct investigations to enforce this Act. Authorizes a civil penalty of not more than $100,000 for failure to file a required report, failure to maintain records, negligent omission of required information from such a report, or for negligent statement of false information in such a report. Permits the Attorney General to bring an action in a district court of the United States to enjoin such act or practice. Imposes a fine of not more than $10,000 or imprisonment for not more than one year, or both, except that a legal entity shall be fined not more than $100,000, for failure to file under this Act. Imposes a fine of not more than $100,000 and imprisonment for not more than three years, except that a legal entity shall be fined not more than $500,000, for knowing falsificat…