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Countering Corporate Corruption in China Act of 2023

USA118th CongressS-151| Senate 
| Updated: 1/30/2023
Marco Rubio

Marco Rubio

Republican Senator

Florida

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Countering Corporate Corruption in China Act of 2023 This bill expands the activity prohibited under the Foreign Corrupt Practices Act (FCPA) applicable to issuers of securities, domestic concerns, and others. (The FCPA generally prohibits bribes to foreign officials.) For example, the bill includes as prohibited corrupt practices certain activity supporting human rights abuses by China against Uyghurs, Kazakhs, and members of other predominately Muslim ethnic groups; certain activity supporting censorship or human rights abuses by China with respect to individuals in Hong Kong; supporting certain territorial claims by China; political advocacy in favor of the Chinese Communist Party; and investing in specified Chinese entities.
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Bill from Previous Congress

S 117-3584
Countering Corporate Corruption in China Act of 2022
Jan 30, 2023
Introduced in Senate
Jan 30, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 117-3584
    Countering Corporate Corruption in China Act of 2022


  • January 30, 2023
    Introduced in Senate


  • January 30, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Countering Corporate Corruption in China Act of 2023

USA118th CongressS-151| Senate 
| Updated: 1/30/2023
Countering Corporate Corruption in China Act of 2023 This bill expands the activity prohibited under the Foreign Corrupt Practices Act (FCPA) applicable to issuers of securities, domestic concerns, and others. (The FCPA generally prohibits bribes to foreign officials.) For example, the bill includes as prohibited corrupt practices certain activity supporting human rights abuses by China against Uyghurs, Kazakhs, and members of other predominately Muslim ethnic groups; certain activity supporting censorship or human rights abuses by China with respect to individuals in Hong Kong; supporting certain territorial claims by China; political advocacy in favor of the Chinese Communist Party; and investing in specified Chinese entities.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-3584
Countering Corporate Corruption in China Act of 2022
Jan 30, 2023
Introduced in Senate
Jan 30, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 117-3584
    Countering Corporate Corruption in China Act of 2022


  • January 30, 2023
    Introduced in Senate


  • January 30, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Marco Rubio

Marco Rubio

Republican Senator

Florida

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted