0
0

CROOK Act

10/28/2022, 1:45 AM

Congressional Summary of S 3026

Countering Russian and Other Overseas Kleptocracy Act or the CROOK Act

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.

Current Status of Bill S 3026

Bill S 3026 is currently in the status of Bill Introduced since December 11, 2019. Bill S 3026 was introduced during Congress 116 and was introduced to the Senate on December 11, 2019.  Bill S 3026's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of December 11, 2019

Bipartisan Support of Bill S 3026

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
1
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3026

Primary Policy Focus

International Affairs

Potential Impact Areas

- Business ethics
- Congressional oversight
- Corporate finance and management
- Crime victims
- Criminal investigation, prosecution, interrogation
- Department of State
- Diplomacy, foreign officials, Americans abroad
- Europe
- Executive agency funding and structure
- Foreign aid and international relief
- Foreign and international corporations
- Fraud offenses and financial crimes
- Free trade and trade barriers
- Government ethics and transparency, public corruption
- Government trust funds
- Human rights
- Income tax deductions
- International law and treaties
- International organizations and cooperation
- Latin America
- Rule of law and government transparency
- Russia
- Sanctions
- Sovereignty, recognition, national governance and status

Alternate Title(s) of Bill S 3026

CROOK Act
CROOK Act
Countering Russian and Other Overseas Kleptocracy Act
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.

Comments