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Countering Corporate Corruption in China: New Rules for Businesses

This act aims to strengthen anti-corruption laws for companies operating in China to prevent unfair practices. It introduces new definitions of corrupt actions that may affect American companies and their investments, especially in the context of human rights and territorial disputes. Citizens may feel an indirect impact through changes in global trade and investments.
Key points
Expands the definition of corrupt actions to include non-monetary benefits, such as hiring Chinese officials, supporting political advocacy, or investments without reasonable business purpose.
Imposes stricter financial penalties for violations, with a minimum fine three times higher than previous amounts.
Limits available defenses for companies engaging in actions deemed corrupt, particularly those related to human rights abuses or territorial disputes.
Increases corporate accountability for actions that indirectly support human rights violations in China, including forced labor.
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Expired
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Additional Information
Print number: 117_S_3584
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-02-03
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Countering Corporate Corruption in China Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3584.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-02-03.

What are the main provisions?

Key points include:

  • Expands the definition of corrupt actions to include non-monetary benefits, such as hiring Chinese officials, supporting political advocacy, or investments without reasonable business purpose.
  • Imposes stricter financial penalties for violations, with a minimum fine three times higher than previous amounts.
  • Limits available defenses for companies engaging in actions deemed corrupt, particularly those related to human rights abuses or territorial disputes.
  • Increases corporate accountability for actions that indirectly support human rights violations in China, including forced labor.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Courts and Law Economy Security