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Bill > S3026


US S3026

US S3026
CROOK Act Countering Russian and Other Overseas Kleptocracy Act


summary

Introduced
12/11/2019
In Committee
12/11/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to promote international efforts in combating corruption, kleptocracy, and illicit finance by foreign officials and other foreign persons, including through a new anti-corruption action fund, and for other purposes. This bill requires various actions designed to combat public corruption in foreign countries. The bill establishes within the Department of the Treasury the Anti-Corruption Action fund to help foreign states fight public corruption and develop rule-of-law-based governance structures. For certain fines and penalties imposed under the Foreign Corrupt Practices Act, an additional fine shall be imposed and deposited into the fund. The Department of State shall (1) manage U.S. government efforts to fight foreign public corruption, and (2) establish an interagency task force to assist in coordinating such efforts. Each U.S. embassy shall have a point of contact responsible for coordinating the embassy's anti-corruption efforts. The State Department shall report to Congress on its anti-corruption activities and make various reports publicly available online.

AI Summary

This bill, the Countering Russian and Other Overseas Kleptocracy (CROOK) Act, aims to promote international efforts to combat corruption, kleptocracy, and illicit finance by foreign officials and others. It establishes the Anti-Corruption Action Fund within the Department of the Treasury, which will be funded by additional fines imposed on certain Foreign Corrupt Practices Act violations. The bill requires the Department of State to manage U.S. anti-corruption efforts and establish an interagency task force to coordinate these efforts. It also mandates that each U.S. embassy designate an anti-corruption point of contact, and requires various reporting requirements to Congress on the government's anti-corruption activities.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Read twice and referred to the Committee on Foreign Relations. (on 12/11/2019)

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