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Corporate Crime Database: Increased Transparency for Business Actions.

This new law mandates the creation of a public database detailing offenses committed by companies and their employees. This will provide citizens with easier access to information about dishonest practices, aiding informed consumer and investment decisions. The goal is to enhance corporate accountability and protect public interests.
Key points
A public, easily accessible database will be established, containing information on legal violations by businesses and their employees.
The database will include details on the type of offense, involved entities, prosecuting agencies, and the outcome of enforcement actions.
Information will be regularly updated, increasing transparency and allowing citizens to track corporate activities.
The act aims to improve monitoring, response, and deterrence of corporate offenses, potentially leading to greater financial and legal security for citizens.
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Expired
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Additional Information
Print number: 117_S_5141
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2022-11-29
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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

Corporate Crime Database Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5141.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-11-29.

What are the main provisions?

Key points include:

  • A public, easily accessible database will be established, containing information on legal violations by businesses and their employees.
  • The database will include details on the type of offense, involved entities, prosecuting agencies, and the outcome of enforcement actions.
  • Information will be regularly updated, increasing transparency and allowing citizens to track corporate activities.
  • The act aims to improve monitoring, response, and deterrence of corporate offenses, potentially leading to greater financial and legal security for citizens.
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. Durbin, Richard J. [D-IL].

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