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United States · Law · S

S. 2375 (105th)

International Anti-Bribery and Fair Competition Act of 1998

enactedUnited States· United States Congress· EN

Introduced

30 July 1998

Last action

10 November 1998 · President

Status

Became Public Law No: 105-366.

Sponsors

Sen. D'Amato, Alfonse [R-NY]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

International Anti-Bribery Act of 1998 - Revises the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977 to prohibit conduct intended to secure improper advantages from foreign officials by: (1) issuers of securities; (2) officials of international organizations; and (3) domestic concerns. Redefines "foreign official" to include a public international organization. Declares it is unlawful for any U.S. person that is an officer, director, employee, agent, or stockholder of an issuer acting on the issuer's behalf, to corruptly do specified prohibited acts outside of the United States. Amends the Foreign Corrupt Practices Act of 1977 to proscribe specified foreign trade practices by a covered person (or any officer, director, employee, agent, or stockholder thereof) while in United States territory. Sets forth affirmative defenses to enforcement actions. Authorizes the Attorney General to bring a civil action in Federal district court to enjoin such proscribed actions. Prescribes civil and criminal penalties for both juridical and natural persons for violations of such Act.

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Timeline

  1. 25 June 1998

    Reported

    Committee on Banking ordered to be reported an original measure.

    Source: Committee

  2. 30 July 1998

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 510.

    Source: Calendars

  3. 30 July 1998

    Reported

    Committee on Banking. Original measure reported to Senate by Senator D'Amato. With written report No. 105-277.

    Source: Committee

  4. 30 July 1998

    Reported

    Committee on Banking. Original measure reported to Senate by Senator D'Amato. With written report No. 105-277.

    Source: Committee

  5. 30 July 1998

    Introduced

    Introduced in Senate

    Source: IntroReferral

  6. 31 July 1998

    Passed

    Passed Senate without amendment by Unanimous Consent. (consideration: CR S9647-9649)

    Source: Floor

  7. 31 July 1998

    Passed

    Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S9647-9649)

    Source: Floor

  8. 3 August 1998

    Floor

    Held at the desk.

    Source: Floor

  9. 3 August 1998

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  10. 3 August 1998

    Floor

    Received in the House.

    Source: Floor

  11. 9 October 1998

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

  12. 9 October 1998

    Passed

    On passage Passed without objection.

    Source: Floor

  13. 9 October 1998

    Passed

    Passed/agreed to in House: On passage Passed without objection.

    Source: Floor

  14. 9 October 1998

    Passed

    The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 4353. Agreed to without objection.

    Source: Floor

  15. 9 October 1998

    Floor

    Considered by unanimous consent. (consideration: CR H10307-10309)

    Source: Floor

  16. 9 October 1998

    Floor

    Mr. Oxley asked unanimous consent to take from the Speaker's table and consider.

    Source: Floor

  17. 9 October 1998

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  18. 9 October 1998

    Floor

    A similar measure H.R. 4353 was laid on the table without objection.

    Source: Floor

  19. 10 October 1998

    Floor

    Message on House action received in Senate and at desk: House amendment to Senate bill.

    Source: Floor

  20. 14 October 1998

    ResolvingDifferences

    Senate concurred in the House amendment with an amendment (SP 3826) by Unanimous Consent. (consideration: CR S12601-12604)

    Source: ResolvingDifferences

  21. 14 October 1998

    NotUsed

    Resolving differences -- Senate actions: Senate concurred in the House amendment with an amendment (SP 3826) by Unanimous Consent.(consideration: CR S12601-12604)

    Source: NotUsed

  22. 14 October 1998

    Floor

    Considered by Senate. By Unanimous Consent.

    Source: Floor

  23. 15 October 1998

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  24. 20 October 1998

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  25. 20 October 1998

    Passed

    On motion to disagree to Senate amendments Nos. 2 through 6 and agree to Senate amendment No. 1 with an amendment Agreed to without objection. (consideration: CR H11670-11672)

    Source: ResolvingDifferences

  26. 20 October 1998

    Passed

    Resolving differences -- House actions: On motion to disagree to Senate amendments Nos. 2 through 6 and agree to Senate amendment No. 1 with an amendment Agreed to without objection.(consideration: CR H11670-11672)

    Source: NotUsed

  27. 20 October 1998

    ResolvingDifferences

    Mr. Bliley asked unanimous consent that the House disagree to Senate amendments Nos. 2 through 6 and agree to Senate amendment No. 1 with an amendment.

    Source: ResolvingDifferences

  28. 21 October 1998

    Floor

    Message on House action received in Senate and at desk: House amendment to Senate amendment.

    Source: Floor

  29. 21 October 1998

    ResolvingDifferences

    Senate receded from its amendments numbered 2 through 6 by Unanimous Consent. (consideration: CR S12973-12974)

    Source: ResolvingDifferences

  30. 21 October 1998

    NotUsed

    Resolving differences -- Senate actions: Senate receded from its amendments numbered 2 through 6 by Unanimous Consent.(consideration: CR S12973-12974)

    Source: NotUsed

  31. 2 November 1998

    Floor

    Presented to President.

    Source: Floor

  32. 2 November 1998

    President

    Presented to President.

    Source: President

  33. 10 November 1998

    Became law

    Became Public Law No: 105-366.

    Source: President

  34. 10 November 1998

    Became law

    Signed by President.

    Source: BecameLaw

  35. 10 November 1998

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

14 official files

Enrolled Bill (text)

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  • Enrolled Bill (text)

    Enrolled Bill · EN

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  • Enrolled Bill (PDF)

    Enrolled Bill · EN

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  • Public Law (text)

    Public Law · EN · 10 November 1998

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  • Public Law (PDF)

    Public Law · EN · 10 November 1998

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  • House agreed to Senate amendment with amendment

    summary · EN · 20 October 1998

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  • Engrossed Amendment House (text)

    Engrossed Amendment House · EN · 9 October 1998

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  • Engrossed Amendment House (PDF)

    Engrossed Amendment House · EN · 9 October 1998

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  • Engrossed Amendment Senate (text)

    Engrossed Amendment Senate · EN · 9 October 1998

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  • Engrossed Amendment Senate (PDF)

    Engrossed Amendment Senate · EN · 9 October 1998

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  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 31 July 1998

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  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 31 July 1998

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 30 July 1998

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 30 July 1998

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  • Introduced in Senate

    summary · EN · 30 July 1998

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