Foreign Payments Disclosure Act

Foreign Payments Disclosure Act - Requires any person who makes payments to any individual or entity in connection with an official action, sale, or contract with a foreign government for the commercial benefit of the person or foreign affiliate to report such payments to the Secretary of Commerce under regulations issued by such Secretary. Authorizes the Secretary to promulgate bookkeeping regulations and to conduct investigations to enforce this Act.

Authorizes a civil penalty of not more than $100,000 for failure to file a required report, failure to maintain records, negligent omission of required information from such a report, or for negligent statement of false information in such a report. Permits the Attorney General to bring an action in a district court of the United States to enjoin such act or practice. Imposes a fine of not more than $10,000 or imprisonment for not more than one year, or both, except that a legal entity shall be fined not more than $100,000, for failure to file under this Act. Imposes a fine of not more than $100,000 and imprisonment for not more than three years, except that a legal entity shall be fined not more than $500,000, for knowing falsification of reports under this Act.

Directs the Secretary to disseminate copies of such report to (1) the Department of Justice, (2) the Department of State, (3) the Internal Revenue Service, and (4) where the person filing is subject to the jurisdiction of the Securities and Exchange Commission, to that Commission. Specifies procedures for keeping such a report confidential and making such report public.

Authorizes the Attorney General, with the concurrence of the Secretary of State, and the Secretary of State, with the concurrence of the Attorney General to furnish information contained in reports made under this Act to the foreign government concerned.

Stipulates that nothing in this Act shall be construed as affecting the authority of the Securities and Exchange Commission.