To identify and combat corruption in countries, to establish a tiered list of countries with respect to levels of corruption by their governments and their efforts to combat such corruption, and to evaluate whether foreign persons engaged in significant corruption should be specially designated nationals under the Global Magnitsky Human Rights Accountability Act.
Summary
What This Bill Does
The bill defines definitions In this Act: The term corrupt actor means— any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption, requires publication of tiered ranking list, and creates minimum standards for the elimination of corruption and assessment of efforts to combat corruption The government of a country is complying with the minimum standards for the elimination of corruption if. It relies on reporting requirements, compliance mandates, appropriations, and definition changes. The main policy areas are Regulated Industries, Foreign Policy, Finance, and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, Regulated entities and members of the public affected by the bill could face reduced risk, and Foreign affairs agencies and foreign-policy stakeholders affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Foreign affairs agencies and foreign-policy stakeholders affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Defines definitions In this Act: The term corrupt actor means— any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption.
- Requires publication of tiered ranking list.
- Creates minimum standards for the elimination of corruption and assessment of efforts to combat corruption The government of a country is complying with the minimum standards for the elimination of corruption if...
- Provides imposition of sanctions under Global Magnitsky Human Rights Accountability Act.
- Provides designation of embassy anti-corruption points of contact.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill defines definitions In this Act: The term corrupt actor means— any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption, requires publication of tiered ranking list, and creates minimum standards for the elimination of corruption and assessment of efforts to combat corruption The government of a country is complying with the minimum standards for the elimination of corruption if.
Key Policy Areas
Regulated Industries, Foreign Policy, Finance, Environment
Primary Purpose
The bill defines definitions In this Act: The term corrupt actor means— any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption, requires publication of tiered ranking list, and creates minimum standards for the elimination of corruption and assessment of efforts to combat corruption The government of a country is complying with the minimum standards for the elimination of corruption if.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- Regulated entities and members of the public affected by the bill
- Foreign affairs agencies and foreign-policy stakeholders affected by the bill
- Environmental and public health interests affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Foreign affairs agencies and foreign-policy stakeholders affected by the bill
- Financial services firms and customers affected by the bill
- Law enforcement, justice-system actors, and affected communities
- Homeowners, tenants, or housing market participants affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Cohen (for himself, Mr. Keating, Mr. Wilson of South …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Law enforcement, justice-system actors, and affected communities
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology