H.R. 3955 · 108th Congress

Democracy Development Act of 2004

Stage
In committee
Introduced
2004-03-11
Latest action
2004-03-29 · Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Summary

Democracy Development Act of 2004 - Directs the Securities and Exchange Commission to require certain public companies to disclose in annual and quarterly reports aggregate payments of $250,000 or more made in connection with the securing of exploration, development, exploitation, extraction, and production rights for natural resources (oil, gas, and minerals) to any foreign government or any other public entity of foreign countries.