HR 3815 · 95th Congress · Crime and Law Enforcement

Unlawful Corporate Payments Act

Introduced 1977-02-22· Sponsored by Rep. Eckhardt, Bob [D-TX-8]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Measure laid on table, S. 305 passed in lieu.(1977-11-01)

Plain Language Summary

[AI summary unavailable — showing source text] Unlawful Corporate Payments Act - Amends the Securities Exchange Act of 1934 to make it unlawful for an issuer of registered securities or an issuer required to file certain reports, under such Act, to make payments to foreign officials to influence an official act of such official or to influence an act or decision by a foreign government. Imposes a fine for such unlawful act. Makes it unlawful for a domestic concern to use the mails or interstate commerce to make payments to such foreign officials. Imposes a fine upon any agent of such domestic concern for such unlawful act.…

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