Bill To Bar Corrupt Overseas Contractors OK'd In House

Law360, New York (September 16, 2010, 12:05 PM EDT) -- The U.S. House of Representatives has unanimously approved a bill from Rep. Peter Welch, D-Vt., that would give federal agencies the authority to ban companies and individuals convicted of bribing foreign officials from receiving contracts with the U.S. government.

H.R. 5366, the Overseas Contractor Reform Act, passed the House on Wednesday by a vote of 409-0.

“Contractors that bribe foreign governments have absolutely no business profiting off the American taxpayer,” Welch said Wednesday. “Those who violate the rule of law undermine not only our nation's mission...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.