Corporate Crime Database Act

Bill: 115-hr-144
Sponsor: full_name: Rep. Conyers, John, Jr. [D-MI-13]
Introduced: 2017-01-03
Policy area: Crime and Law Enforcement
Subjects: Business ethics

Corporate finance and management

Criminal justice information and records

Government information and archives
Latest action: action_date: 2017-01-23
text: Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

Summaries:
action_date: 2017-01-03
action_desc: Introduced in House
text: <p><b>Corporate Crime Database Act</b> </p> <p>This bill directs the Department of Justice (DOJ) to acquire data regarding federal and state administrative, civil, and criminal proceedings initiated or concluded during each calendar year against any corporation or its acting officials involving a criminal or civil charge with a potential fine of $1,000 or more. </p> <p>DOJ must establish and maintain a public database of information regarding misconduct by corporations with annual revenues greater than $1 billion. The database must include information about each such federal and state proceeding with a potential fine of $1,000 or more.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 144 IN THE HOUSE OF REPRESENTATIVES January 3, 2017 Mr. Conyers introduced the following bill; which was referred to the Committee on the Judiciary , and in addition to the Committee on Oversight and Government Reform , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To establish a corporate crime database, and for other purposes.

1. Short title This Act may be cited as the Corporate Crime Database Act . 2. Attorney General to acquire data on corporate-related crime Under the authority of section 534 of title 28, United States Code, and in accordance with this Act, the Attorney General shall acquire data, for each calendar year, regarding all administrative, civil, and criminal judicial proceedings initiated or concluded by the Federal Government and State governments against any corporation or corporate official acting in an official capacity involving a felony or misdemeanor charge or any civil charge where potential fines may be $1,000 or more. 3. Administrative details (a) Reporting by Federal agencies Each department and agency within the Federal Government shall report details about all administrative, civil, and criminal judicial proceedings initiated or concluded in that department or agency’s jurisdiction to the Attorney General in a uniform manner and in a form prescribed by the Attorney General. (b) Guidelines The Attorney General shall establish guidelines for the collection of data and otherwise to carry out the purposes of this Act. (c) Treatment of causes of action Nothing in this Act creates a cause of action or a right to bring an action. This Act does not limit any existing cause of action or right to bring an action. 4. Public Web site The Attorney General shall establish and maintain a publicly available Web site with a database of information regarding improper conduct by all corporations with revenues, as determined under rules prescribed by the Attorney General, of over $1,000,000,000 per annum. 5. Information included in database The database— (1) shall consist of information regarding all administrative, civil, and criminal judicial proceedings initiated or concluded by the Federal Government and State governments against any corporation or corporate official acting in an official capacity involving a felony or misdemeanor charge or any civil charge where potential fines may be $1,000 or more; and (2) shall include, for each proceeding, a brief description of the proceeding, including the agency bringing the charge, the charge, the name of the company charged, the ultimate parent company of the company charged, the locations of both the company and parent company, and the outcome of the action if any, including plea agreements, consent decrees, findings of innocence, convictions, fines and other penalties. 6. Input of data The Attorney General shall design and maintain the database in a manner that allows the appropriate officials of each Federal department or agency directly to input and update in the database information relating to actions that department or agency has taken with regard to criminal or civil enforcement actions. 7. Report The Attorney General shall prepare an annual report to Congress detailing the number of civil, administrative, and criminal enforcement actions brought against any corporation or corporate official acting in an official capacity as well as the ultimate disposition (including the magnitude and category of any penalties assessed).