§ 10501. Definitions

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 2023

   Combating Global Corruption Act

   Pub. L. 118–31 div. E title LIV § 5402 · 137 Stat. 136

   Enacted · 22 U.S.C. § 10501

   (Pub. L. 118–31, div. E, title LIV, § 5402, Dec. 22, 2023, 137 Stat. 944.)

   Source evidence

   Code source credit
   (Pub. L. 118–31, div. E, title LIV, § 5402, Dec. 22, 2023, 137 Stat. 944.)

   Enacted provision · exact public law section
   SEC. 5402. DEFINITIONS.   In this subtitle: (1) The term “appropriate congressional committees” means— (A) the Committee on Foreign Relations, the Committee on Appropriations, the Committee on Banking, Housing, and Urban Affairs, and the Committee on the Judiciary of the Senate; and (B) the Committee on Foreign Affairs, the Committee on Appropriations, the Committee on Financial Services, and the Committee on the Judiciary of the House of Representatives. (2) The term “corrupt actor” means— (A) any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption; and (B) any company, in which a person or entity described in subparagraph (A) has a significant stake, which is responsible for, or complicit in, an act of corruption. (3) The term “corruption” means the unlawful exercise of entrusted public power for private gain, including by bribery, nepotism, fraud, or embezzlement. (4) The term “significant corruption” means corruption committed at a high level of government that has some or all of the following characteristics: (A) Illegitimately distorts major decision-making, such as policy or resource determinations, or other fundamental functions of governance. (B) Involves economically or socially large-scale government activities.

1 of 1 references resolved to an enrolled provision