Sec. 5402. Definitions
182 words·~1 min read·
/bill/118/hr/2670/enr/section-5402·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this subtitle: The term appropriate congressional committees means— the Committee on Foreign Relations, the Committee on Appropriations, the Committee on Banking, Housing, and Urban Affairs, and the Committee on the Judiciary of the Senate; and the Committee on Foreign Affairs, the Committee on Appropriations, the Committee on Financial Services, and the Committee on the Judiciary of the House of Representatives. The term corrupt actor means— any foreign person or entity that is a government official or government entity responsible for, or complicit in, an act of corruption; and any company, in which a person or entity described in subparagraph
(A)has a significant stake, which is responsible for, or complicit in, an act of corruption. The term corruption means the unlawful exercise of entrusted public power for private gain, including by bribery, nepotism, fraud, or embezzlement. The term significant corruption means corruption committed at a high level of government that has some or all of the following characteristics: Illegitimately distorts major decision-making, such as policy or resource determinations, or other fundamental functions of governance. Involves economically or socially large-scale government activities.