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Senate Hearing on Foreign Bribery Legislation (1976)

Original title: Prohibiting bribes to foreign officials: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-fourth Congress, second session, on S. 3133 ... S. 3379 ... S. 3418 ... May 18, 1976.

Record date · July 20, 2026

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What This Bill Does

This document is a transcript record of a 1976 U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing regarding three proposed bills (S. 3133, S. 3379, and S. 3418) aimed at prohibiting bribery of s by American companies.

Why it matters

The hearing represents the legislative foundation for the Foreign Corrupt Practices Act, which established federal standards for corporate conduct regarding international business transactions.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

United States corporations

These entities would be subject to new federal prohibitions regarding payments made to foreign officials.

Indirectly affected

Foreign government officials

These individuals are the intended recipients of the payments that the proposed legislation seeks to prohibit.

Key Facts

  • The Senate Committee on Banking, Housing, and Urban Affairs held a hearing on May 18, 1976.
  • The hearing focused on three specific legislative proposals: S. 3133, S. 3379, and S. 3418.
  • The primary objective of the proposed legislation was to prohibit the bribery of foreign officials by United States corporations.
  • The hearing took place during the second session of the 94th Congress.

Frequently Asked Questions

What was the purpose of this hearing?
The hearing was held to discuss and evaluate three different bills aimed at stopping American companies from bribing foreign government officials.
When did this hearing take place?
The hearing was held on May 18, 1976.

What else do you want to know?

News Coverage

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Legislative response to corporate bribery

The hearing marks a clear shift in federal policy toward regulating the international business practices of U.S. firms.

Connected Entities

Committee on Banking, Housing, and Urban Affairs
OrganizationCommittee on Banking, Housing, and Urban Affairs“The Senate committee responsible for reviewing legislation related to banking an”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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