H.R.3815 - Unlawful Corporate Payments Act95th Congress (1977-1978)
|Sponsor:||Rep. Eckhardt, Bob [D-TX-8] (Introduced 02/22/1977)|
|Committees:||House - Commerce|
|Committee Reports:||H.Rept 95-640|
|Latest Action:||11/01/1977 Measure laid on table, S. 305 passed in lieu. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.3815 — 95th Congress (1977-1978)All Information (Except Text)
Introduced in House (02/22/1977)
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.