H.R. 4737 · 117th Congress
Foreign Extortion Prevention Act
- Stage
- In committee
- Sponsor
- Sheila Jackson Lee
- Introduced
- 2021-07-28
- Latest action
- 2022-11-01 · Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Summary
Foreign Extortion Prevention Act
This bill establishes a federal criminal offense involving bribery by foreign officials.
Specifically, the bill makes it a crime for foreign officials to demand or accept anything of value personally or for another person or a nongovernmental entity to influence the performance of an official act or otherwise confer an improper advantage.
The bill explicitly grants extraterritorial jurisdiction over the offense.
A violation is subject to criminal penalties—a fine, a prison term of up to 15 years, or both.
Finally, the bill establishes a Victims of Kleptocracy Fund in the Treasury and directs fines and penalties for violations to be deposited into the fund for anti-corruption initiatives.