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Combating Global Corruption Act of 2023

Source: Congress.gov  ·  2,305 words in original text
This bill requires the U.S. State Department to rank all foreign countries based on how well their governments fight corruption. Countries get ranked as tier 1 (doing well), tier 2 (trying but struggling), or tier 3 (doing little or nothing). The bill also tells the State Department to look at whether foreign government officials engaged in major corruption should face U.S. sanctions. --- ##
- The Secretary of State (must create and publish the rankings) - Foreign governments (will be ranked and evaluated) - Foreign government officials and their companies (may face sanctions) - U.S. diplomats stationed abroad (will coordinate anti-corruption efforts) - Congressional committees that receive reports on sanctions --- ##
- The Secretary of State must publish an annual ranking of all foreign countries on a publicly accessible website showing their tier status (Sec. 3) - Countries rank as tier 1 if they meet minimum anti-corruption standards, tier 2 if they are making efforts but falling short, and tier 3 if they are making minimal or no efforts (Sec. 3) - The Secretary of State, working with the Treasury Department, must evaluate whether foreign persons engaged in significant corruption should face sanctions under the Global Magnitsky Human Rights Accountability Act in all tier 3 countries (Sec. 5) - The Secretary of State must report to Congress within 180 days of publishing the ranking list, and annually thereafter, with information about which foreign persons received sanctions and why (Sec. 5) - The State Department must name an anti-corruption contact person at each U.S. embassy in tier 2 or tier 3 countries to coordinate government efforts to fight corruption (Sec. 6) --- ##
If this law passes, foreign countries will face public ranking based on corruption levels for the first time under U.S. law. Government officials from tier 3 countries who engage in significant corruption may be sanctioned, which could freeze their assets in the United States and prevent them from doing business here. U.S. embassies will be required to focus more resources on anti-corruption work in countries that need it most. --- ##
**Corruption:** Using government power unlawfully for personal gain, including bribery, nepotism, fraud, or embezzlement (Sec. 2) **Significant corruption:** High-level government corruption that illegally distorts major government decisions or involves large-scale government activities (Sec. 2) **Corrupt actor:** A foreign government official or entity responsible for or helping with corruption, or a company where such an official has a significant ownership stake (Sec. 2) --- ##
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.