1. Short title This Act may be cited as the Protecting United States Businesses Abroad Act . 2. Definitions In this Act: (1) United States foreign investor The term United States foreign investor means a United States person who has made a financial investment in a foreign country. (2) Credible evidence The term credible evidence means evidence of any kind that appears worthy of belief, including evidence consisting of the results of United States or foreign law enforcement investigations or judicial proceedings, law enforcement or intelligence information available to any agency of the United States Government, information obtained through diplomatic channels, open source information that is publicly available in the United States or foreign news media, and information provided by any United States person or foreign person. (3) Entity The term entity means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization. (4) Foreign person The term foreign person means a person that is not a United States person. (5) Person The term person means an individual or entity. (6) United States person The term United States person means a person that is a United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches and entities outside the United States that are substantially owned by a United States person or persons), or any person in the United States. 3. Authorization of imposition of sanctions (a) In general The President may impose the sanctions described in subsection (b) with respect to any foreign person who is an individual the President determines, based on credible evidence— (1) engages in public sector corruption activities against a United States foreign investor, including— (A) soliciting or accepting bribes