S. 3137 · 117th Congress
Foreign Extortion Prevention Act
- Stage
- In committee
- Sponsor
- Sheldon Whitehouse
- Introduced
- 2021-11-02
- Latest action
- 2021-11-02 · Introduced in Senate
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.