S.853 - Combating Global Corruption Act of 2017115th Congress (2017-2018)
|Sponsor:||Sen. Cardin, Benjamin L. [D-MD] (Introduced 04/05/2017)|
|Committees:||Senate - Foreign Relations|
|Latest Action:||Senate - 04/05/2017 Read twice and referred to the Committee on Foreign Relations. (All Actions)|
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Summary: S.853 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (04/05/2017)
Combating Global Corruption Act of 2017
This bill directs the the Department of State to annually publish on a publicly accessible website a three-tiered ranking based upon the extent of compliance by a foreign country's government with the minimum anti-corruption standards prescribed in this bill.
The bill states that a government is complying with such standards if it:
- has enacted and judicially enforces laws, and has established structures and practices, that prohibit corruption;
- prescribes punishment for grand corruption that is commensurate with the punishment for serious crimes;
- prescribes punishment for petty corruption that provides a sufficient deterrent and reflects the nature of the offense; and
- is making sustained anti-corruption efforts.
The State Department shall, prior to the obligation of any foreign assistance (except humanitarian, disaster, and anti-corruption assistance) to a tier 3 country:
- conduct a corruption risk assessment and create a corruption mitigation strategy for all foreign assistance programs to that country,
- require the inclusion of anti-corruption clauses for all foreign assistance contracts and grants,
- require the inclusion of clawback clauses for all foreign assistance contracts and grants to recover U.S. taxpayer funds that have been misappropriated through corruption,
- require disclosure of the beneficial ownership of all entities receiving foreign assistance funding, and
- establish a mechanism for investigating allegations of misappropriated foreign assistance funds or equipment.
The State Department and the U.S. Agency for International Development shall: (1) consolidate existing reports with anti-corruption components into one online, public platform; and (2) incorporate anti-corruption components into existing Foreign Service and Civil Service training courses.