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S. 305 (95th): Foreign Corrupt Practices Act


About the bill

Source: Wikipedia

The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 78dd-1, et seq.) is a United States federal law known primarily for two of its main provisions: one that addresses accounting transparency requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials. The Act was amended in 1988 and in 1998, and has been subject to continued congressional concerns, namely whether its enforcement discourages U.S. companies from investing abroad.

This summary is from Wikipedia.

Sponsor and status

Introduced
Jan 18, 1977
95th Congress (1977–1978)
Status

Enacted — Signed by the President on Dec 19, 1977

This bill was enacted after being signed by the President on December 19, 1977.

Law
Pub.L. 95-213
Sponsor

William Proxmire

Senator for Wisconsin

Democrat

Text

Read Text »
Last Updated: Dec 19, 1977

Cosponsors

1 Cosponsor (1 Democrat)

Source

History

Jan 18, 1977
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

May 2, 1977
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

May 5, 1977
 
Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next.

Nov 1, 1977
 
Passed House with Changes (back to Senate)

The House passed the bill with changes not in the Senate version and sent it back to the Senate to approve the changes.

Dec 19, 1977
 
Enacted — Signed by the President

The President signed the bill and it became law.

Dec 19, 1977
 
Text Published

Updated bill text was published as of Passed Congress.

S. 305 (95th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 305. This is the one from the 95th Congress.

This bill was introduced in the 95th Congress, which met from Jan 4, 1977 to Oct 15, 1978. Legislation not passed by the end of a Congress is cleared from the books.

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“S. 305 — 95th Congress: Foreign Corrupt Practices Act.” www.GovTrack.us. 1977. March 26, 2023 <https://www.govtrack.us/congress/bills/95/s305>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.