LETTER TO MR. JAMES M. FREY FROM STANSFIELD TURNER

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80M00165A002100060006-0
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 4
• Document Creation Date: December 15, 2016
• Document Release Date: February 18, 2004
• Sequence Number: 6
• Publication Date: December 13, 1977
• Content Type: LETTER

The Director
Central Intelli once A enc
Approved For'R lease 2004/03/11 : CI -RDP80M0016 002100060006 UE{eC1a
Mr. James M. Frey
Assistant Director for Legislative
Reference
Office of Management and Budget
Washington, D.C. 20503
Dear Mr. Frey:
This is in response to your request of 8 December 1977
for the views and recommendations of the Central Intelligence
Agency on enrolled bill S. 305, the "Foreign Corrupt Practices
Act of 1977.11
This Agency takes no position on those provisions of
Title I of S. 305 that place duties and liabilities on issuers
of securities for accounting and auditing purposes, or on
those sections of the title that address issues relating to
"corrupt" payments by "issuers" or "domestic concerns;"
nor does this Agency take a position on Title II of the
legislation. However,_I strongly support paragraph (3)
of section 102 of Title I. This paragraph protects from
public disclosure national security information by exempting
from any duty or liability under paragraph (2) "any person
acting in cooperation with the head of any Federal department
or Agency responsible for" national security matters.
This provision and the additional implementing terms in
paragraphs (3)(A) and (B) must be included in the legislation
if necessary and lawful endeavors between this Agency and --
U.S. corporations are to be protected from public disclosure
by the provisions of paragraph (2) of section 102.
Therefore, with these provisions in enrolled bill S. 305,
this Agency does not object to approval by the President.
1Yours sincerely,
............ _------
Approved For Release y2004/03/11: CIA-RDP80M00165A002100060006-0
 Approved For-Release 2004/03/11 : CIA-RDP80M00165AP02100060006-0
Washington, D. C.
ENROLLED BILL REQUEST
xn accordance wi.th.'OMB Circular A.-19, your
views : anti `recommendations . are, requested on
the following enrolled, bills .,(facsimiles
attached):
S-1305-
Within TWO, WORKING DAYS after receipt' of ..
this regite'st, your reply (original and one)
shouId"be .de Live red' VIA; SPECIAL, MESSENGER
to " s. Ramsey, Room? 720i'NewExecutive ..L
-office Building
our cooperation willG,be. appreciated:
James M. Frey
Assistant Director
far egisIative.Reference
George..L:'