This bill reinforces the Foreign Corrupt Practices Act of 1977 (FCPA) by establishing a significantly longer statute of limitations for antibribery offenses. It mandates that prosecutions for FCPA antibribery violations must commence within 10 years of the offense, thereby extending the general 5-year limitation period. However, this extended 10-year limitation will not apply to offenses committed within the five years immediately preceding the bill's enactment date, focusing its impact on older, potentially still prosecutable cases. This provision aims to provide law enforcement with more time to investigate and prosecute complex international bribery schemes. The Act itself is a temporary measure, becoming effective upon its enactment and subsequently sunsetting after eight years , providing a specific window for enhanced enforcement.