Corporate Crime Database Act of 2025
Summary
The Corporate Crime Database Act of 2025 aims to enhance transparency and accountability regarding corporate offenses by directing the Bureau of Justice Statistics (BJS) to establish and maintain a public database of enforcement actions against business entities and their employees. This database will include detailed information on the types of offenses, the agencies involved, and the outcomes of enforcement actions. The Act also mandates annual reports to Congress analyzing the collected data and recommending improvements to federal agencies' monitoring and response capabilities.
Expected Effects
The Act will create a centralized, publicly accessible repository of information on corporate crime. This will likely lead to increased scrutiny of corporate behavior and potentially deter future offenses. The annual reports to Congress will inform legislative and administrative actions aimed at improving corporate crime prevention and response.
Potential Benefits
- Increased transparency in corporate enforcement actions.
- Improved data collection and analysis of corporate crime trends.
- Enhanced ability for researchers and the public to understand the scope and impact of corporate offenses.
- Potential for more informed policy decisions regarding corporate regulation and enforcement.
- Greater accountability for business entities and individuals involved in corporate offenses.
Potential Disadvantages
- Potential for increased compliance costs for businesses due to enhanced scrutiny.
- Risk of reputational damage for companies listed in the database, even in cases of alleged violations.
- Possible administrative burden on the Bureau of Justice Statistics and other federal agencies to collect and maintain the database.
- The definition of 'corporate offense' may be subject to interpretation, leading to inconsistencies in data collection.
- Risk of the database being used for politically motivated purposes.
Most Disadvantaged Areas:
Constitutional Alignment
The Corporate Crime Database Act of 2025 appears to align with the Constitution's broad goals of promoting the general welfare and establishing justice, as stated in the Preamble. The Act does not appear to infringe upon any specific constitutional rights or limitations. The creation of a database and reporting requirements falls under the legislative powers granted to Congress in Article I, Section 8, which includes the power to make laws necessary and proper for carrying out its enumerated powers.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).