A bill to reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes. | ChamberLight

IN COMMITTEE· 119TH CONGRESS

Senate BillS 4029Finance and Financial Sector

A bill to reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes.

INTRO MAR 9· LAST ACTION MAR 9

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Became Law

WHAT THE BILL DOES

AI-written

This bill matters because international bribery schemes are often incredibly complex and difficult to uncover and prosecute within standard time limits. Bribes can involve hidden transactions across borders, shell companies, and sophisticated efforts to conceal the activity, making investigations lengthy.

If this bill becomes law, it would give prosecutors significantly more time to unearth these crimes, piece together evidence, and hold individuals and corporations accountable. This could lead to more successful prosecutions of major corruption cases, potentially deterring future bribery and fostering fairer global markets. If it doesn't pass, the current, often shorter, deadlines remain, potentially allowing some who commit serious foreign bribery to evade justice simply because the investigation took too long.

KEY PROVISIONS

3AI-extracted

PROVISION 01

Establishes a 10-year deadline for federal prosecutors to bring charges for foreign bribery offenses under the Foreign Corrupt Practices Act (FCPA).

This provides significantly more time for investigations into complex international bribery, which are often difficult to detect and prove quickly.

PROVISION 02

The extended 10-year deadline does not apply to offenses committed more than 5 years before the bill's enactment date.

This limits the retroactive application of the new deadline, preventing it from immediately affecting very old cases.

PROVISION 03

The entire law, including the 10-year deadline, will expire automatically after 8 years from its enactment date.

This makes the change temporary, allowing Congress to review its effectiveness and necessity in the future.

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ACTION TIMELINE

2 EVENTS

MAR 9

Introduced in Senate

INTROREFERRAL

MAR 9

Read twice and referred to the Committee on the Judiciary.

INTROREFERRAL

BILL INFO

TypeSenate Bill

NumberS 4029

Congress119th

StatusIn Committee

IntroducedMar 9, 2026

Last actionMar 9, 2026

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IN COMMITTEE· 119TH CONGRESS · JUDICIARY COMMITTEE · INTRODUCED MAR 9, 2026

Senate BillS 4029Finance and Financial Sector

A bill to reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes.

INTRODUCED MAR 9, 2026· LAST ACTION MAR 9, 2026

PASSAGE CHANCES

—%

READING

1 min

COSPONSORS

COMPLEXITY

Moderate

Call my reps

LEGISLATIVE PROGRESS

STEP 2 OF 8

Introduced

In Committee

Reported

Passed Senate

Passed House

Conference

To President

Became Law

Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law

WHAT THE BILL DOES

AI-written

KEY PROVISIONS

AI-extracted

high

Establishes a 10-year deadline for federal prosecutors to bring charges for foreign bribery offenses under the Foreign Corrupt Practices Act (FCPA).

This provides significantly more time for investigations into complex international bribery, which are often difficult to detect and prove quickly.

med

The extended 10-year deadline does not apply to offenses committed more than 5 years before the bill's enactment date.

This limits the retroactive application of the new deadline, preventing it from immediately affecting very old cases.

med

The entire law, including the 10-year deadline, will expire automatically after 8 years from its enactment date.

This makes the change temporary, allowing Congress to review its effectiveness and necessity in the future.

DEADLINES & DATES

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

5 years before the date of enactment

The 10-year limitation period will not apply to any offense committed during the period ending on the date that is 5 years before the date of enactment of this Act.

8 years after enactment

The Act is effective beginning on the date of enactment and ending on the date that is 8 years after that date.

GLOSSARY

AI-written

Foreign Corrupt Practices Act of 1977 (FCPA): A U.S. law that makes it illegal for American individuals and companies to bribe foreign government officials to obtain or retain business.
Antibribery Offenses: Crimes related to offering, promising, or giving something of value to a foreign official to influence an official act or decision, as defined by the FCPA.
Limitations Period: The maximum amount of time after an event that legal proceedings may be initiated. Often called a 'statute of limitations'.
Indictment: A formal accusation by a grand jury that there is enough evidence to bring criminal charges against a person.
Information (legal term): A formal criminal charge filed by a prosecutor without the need for a grand jury indictment, typically used for less serious offenses or when a defendant waives indictment.
Sunset Provision: A clause in a law that specifies an expiration date for the law, meaning it will automatically cease to be in effect after a certain period unless extended by new legislation.

ACTION TIMELINE

2 EVENTS

MAR 9

Introduced in Senate

INTROREFERRAL

MAR 9

Read twice and referred to the Committee on the Judiciary.

INTROREFERRAL

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Judiciary CommitteeReferred

Mar 9, 2026

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A bill to reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes.

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

SPONSORSHIP

ACTION TIMELINE

BILL INFO

READER REACTIONS

Discussion

A bill to reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes.

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

DEADLINES & DATES

GLOSSARY

ACTION TIMELINE

SPONSORS

READER REACTIONS

What do you think?

Discussion

MORE INFORMATION

Committee Referrals