Bank Bribery Amendments Act of 1985
PL 99-370 (H.R.3511), enacted 08/04/1986

PUBLIC LAW 99-370—AUG. 4, 1986 
100 STAT. 779 
Public Law 99-370 
99th Congress 
An Act 
To amend title 18, United States Code, with respect to certain bribery and related 
offenses. 
Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the "Bank Bribery Amendments Act of 
1985". 
SEC. 2. CHAPTER 11 AMENDMENT. 
Section 215 of title 18, United States Code, is amended to read as 
follows: 
"§ 215. Receipt of commissions or gifts for procuring loans 
"(a) Whoever— 
"(1) corruptly gives, offers, or promises anything of value to 
any person, with intent to influence or reward an officer, 
director, employee, agent, or attorney of a financial institution 
in connection with any business or transaction of such institu-
tion; or 
"(2) as an officer, director, employee, agent, or attorney of a 
financial institution, corruptly solicits or demands for the bene-
fit of any person, or corruptly accepts or agrees to accept, 
anything of value from any person, intending to be influenced 
or rewarded in connection with any business or transaction of 
such institution; 
shall be fined not more than $5,000 or three times the value of the 
thing given, offered, promised, solicited, demanded, accepted, or 
agreed to be accepted, whichever is greater, or imprisoned not more 
than five years, or both, but if the value of the thing given, offered, 
promised, solicited, demanded, accepted, or agreed to be accepted 
does not exceed $100, shall be fined not more than $1,000 or impris-
oned not more than one year, or both. 
"0>) As used in this section, the term 'financial institution' 
means— 
"(1) a bank with deposits insured by the Federal Deposit 
Insurance Corporation; 
"(2) an institution with accounts insured by the Federal 
Savings and Loan Insurance Corporation; 
"(3) a credit union with accounts insured by the National 
Credit Union Share Insurance Fund; 
"(4) a Federal home loan bank or a member, as defined in 
section 2 of the Federal Home Loan Bank Act (12 U.S.C. 1422), 
of the Federal home loan bank system; 
"(5) a Federal land bank. Federal intermediate credit bank, 
bank for cooperatives, production credit association, and Fed-
eral land bank association; 
Aug. 4, 1986 
[H.R. 3511] 
Bank Bribery 
Amendments 
Act of 1985. 
18 use 201 note. 
Law 
enforcement 
and crime. 
100 STAT. 780 
PUBLIC LAW 99-370—AUG. 4, 1986 
"(6) a small business investment company, as defined in 
section 103 of the Small Business Investment Act of 1958 
(15 U.S.C. 662); 
"(7) a bank holding company as defined in section 2 of the 
Bank Holding Company Act of 1956 (12 U.S.C. 1841); or 
"(8) a savings and loan holding company as defined in section 
408 of the National Housing Act (12 U.S.C. 1730a). 
"(c) This section shall not apply to bona fide salary, wages, fees, or 
other compensation paid, or expenses paid or reimbursed, in the 
usual course of business. 
"(d) Federal agencies with responsibility for regulating a financial 
institution shall jointly establish such guidelines as are appropriate 
to assist an officer, director, employee, agent, or attorney of a 
Public 
financial 
institution to comply with this section. Such agencies shall 
information. 
make such guidelines available to the public". 
18 u s e 215 note. 
SEC. 3. EFFECTIVE DATE. 
This Act and the amendments made by this Act shall take effect 
30 days after the date of the enactment of this Act. 
Approved August 4, 1986. 
LEGISLATIVE HISTORY—H.R. 3511: 
HOUSE REPORTS: No. 99-335 (Comm. on the Judiciary). 
CONGRESSIONAL RECORD: 
Vol. 131 (1985): Oct. 29, considered and passed House. 
Vol. 132 (1986): Feb. 4, considered and passed Senate, amended. 
Apr. 22, House concurred in Senate amendments, in another 
with an amendment. 
June 24, Senate concurred in House amendment with an 
amendment. 
June 26, House concurred in Senate amendment.