Sponsors (8)
Creates a public, searchable federal database of corporate enforcement actions, requires agency data submissions, and mandates initial and annual analytic reports to Congress.
The bill makes corporate enforcement information more accessible and standardized to boost transparency, accountability, and data-driven reforms, while imposing government and private-sector costs and creating reputational and privacy risks for listed entities.
Taxpayers, investors, federal agencies, and the public gain a centralized, searchable federal database of corporate enforcement actions, making enforcement records more transparent and easier to find and monitor.
Financial institutions, small business owners, regulators, and researchers can use standardized, machine-readable data and unique identifiers to spot repeat offenders and patterns, improving accountability and deterrence of corporate misconduct.
Federal employees, policy-makers, and researchers benefit from improved data standards and consistency across agencies, increasing the usability of enforcement records for policy-making, oversight, and empirical research.
Companies and individuals publicly listed in the database risk reputational harm and privacy intrusions before legal matters are finally resolved, raising due-process and rights concerns.
Financial institutions and small businesses will face increased compliance costs and greater public scrutiny because standardized reporting and unique identifiers make parent/subsidiary relationships and past actions easier to link and expose.
Federal agencies and taxpayers will incur additional administrative and IT costs to collect, standardize, and publish the data, potentially requiring new funding or reallocation of existing resources.
Based on analysis of 2 sections of legislative text.
Official title: To direct the Director of the Bureau of Justice Statistics to establish a database with respect to corporate offenses, and for other purposes.
Introduced July 23, 2025 by Mary Gay Scanlon · Last progress July 23, 2025
Creates a public, searchable database of federal enforcement actions involving corporate offenses and directs the Bureau of Justice Statistics to collect, aggregate, analyze, and publish related data. Requires federal agencies to submit information under guidance, mandates an initial report and annual reports to Congress (including recidivism and victim/public impact estimates), and adds a Chief Data Officer Council duty to improve agency data collection and publication. Sets deadlines for guidance (180 days) and initial database publication and reporting (within 1 year), with ongoing updates each time new information is collected.