US HB385

Secretary of State must annually publish a three-tier ranking of all foreign countries based on government corruption levels and anti-corruption efforts, with Tier 1 being compliant with minimum standards and Tier 3 making minimal or no effort

Defines "corruption" as unlawful exercise of public power for private gain (bribery, nepotism, fraud, embezzlement) and "significant corruption" as high-level government corruption affecting major policy decisions or large-scale government activities

Secretary of State and Treasury must evaluate foreign persons in Tier 3 countries for potential sanctions under the Global Magnitsky Human Rights Accountability Act, with annual reports to Congress within 180 days of publishing the country rankings

Establishes 13 factors for assessing anti-corruption efforts including criminalization of corruption, judicial independence, whistleblower protections, financial transparency measures, and cooperation with international investigations

Requires designation of anti-corruption points of contact at U.S. embassies in Tier 2 and Tier 3 countries to coordinate whole-of-government efforts promoting good governance and corruption risk mitigation