(1) The International Olympic Committee has
been beset by allegations of illegal and improper
gifts made to IOC members during the bid process
in which cities compete to host the Olympic games.
(2) In order to maintain the integrity of the
Olympic games, reforms are necessary to ensure that
future Olympic games are awarded to host cities in
an impartial manner.
(3) Financial sponsorship by American corpora-
tions comprises a significant source of revenues for
the IOC and the Olympic games.
(b) PURPOSE.—The purpose of this Act is to prevent
persons doing business in interstate commerce from pro-
viding financial support to the IOC until the IOC adopts
institutional reforms to ensure that future Olympic games
are awarded to host cities in an impartial manner.
SEC. 3. AMERICAN CORPORATE SPONSORSHIP OF THE
INTERNATIONAL OLYMPIC COMMITTEE.
The Foreign Corrupt Practices Act of 1977 (15
U.S.C. 78dd–2) is amended by adding the following new
section after section 104:
‘‘SEC. 104A. PROHIBITION AGAINST AMERICAN CORPORATE
SPONSORSHIP 
OF 
THE 
INTERNATIONAL
OLYMPIC COMMITTEE.
‘‘(a) REFORMS
TO
BE
IMPLEMENTED
BY
THE
IOC.—No person doing business in interstate commerce
in the United States may knowingly provide financial sup-
port to the IOC, unless and until the Secretary of Com-
merce certifies to Congress that the IOC has implemented
the recommendations contained in the March 1, 1999, Re-
port of the Special Bid Oversight Commission established
by the United States Olympic Committee, including the
following:
‘‘(1) Establishing a policy that IOC members
may not accept gifts of more than nominal value
from any city bidding to host the Olympic games, or
any representative of such city.
‘‘(2) Prohibiting IOC members from receiving
any money for travel expenses directly from any city
bidding to host the Olympic games, or any rep-
resentative of such city.
‘‘(3) Establishing an independent office to mon-
itor, investigate, and enforce violations of its gift
giving and travel expense rules by any city bidding
to host the Olympic games, any representative of
such city, or any IOC member.
‘‘(4) Establishing a procedure by which a ma-
jority of IOC members are elected by national Olym-
pic committees or by other constituent organizations.
‘‘(5) Subjecting IOC members and leaders to
periodic reelection.
‘‘(b) SAVINGS PROVISIONS.—
‘‘(1) Nothing in this section shall restrict the
first amendment rights of any person.
‘‘(2) Nothing in this section shall prohibit a
person from providing financial support to the
United States Olympic Committee, any United
States sports governing body, or any organizing
committee for any Olympic games already awarded
by the IOC at the date of enactment of this section.
(c) CIVIL PENALTY.—An action may be brought by
the Secretary of Commerce in an appropriate United
States district court to enjoin any failure or refusal to
comply with this section or to impose a civil penalty for
such failure or refusal of not more than $25,000 per day.
‘‘(d) DEFINITIONS.—In this section:
‘‘(1) PERSON.—The term ‘person’ means—
‘‘(A) any United States citizen; or
‘‘(B) any other legal entity which is orga-
nized under the laws of the United States, or
of any State, the District of Columbia, or any
commonwealth, territory, or possession of the
United States, and which has its principal place
of business in the United States.
‘‘(2) FINANCIAL SUPPORT.—The term ‘financial
support’ means any direct or indirect transfer of
funds, property, or benefits, including, but not lim-
ited to, loans, credits, financing, investment, spon-
sorship, or in-kind contribution.
‘‘(3) IOC.—The term ‘IOC’ means the Inter-
national Olympic Committee.’’.
SEC. 4. EFFECTIVE DATE.
The amendments made by this Act shall take effect
with respect to the providing of financial support after the
date of enactment of this Act.
Æ