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HR 6281 114th Congress House

BANK Act of 2016

Official title: To prevent further advances in North Korea's nuclear program by preventing specialized financial messaging services to, or direct or indirect access to such me… Show full official titleShow less

Official title: To prevent further advances in North Korea's nuclear program by preventing specialized financial messaging services to, or direct or indirect access to such messaging services for, the Central Bank of the Democratic People's Republic of Korea and certain other financial institutions and sanctioned persons, and for other purposes.

Introduced: September 28, 2016 See on congress.gov
International Affairs AlliancesArms control and nonproliferationAsiaBanking and financial institutions regulation
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Foreign and international bankingForeign propertyJapanNorth KoreaNuclear weaponsSanctionsSouth Korea
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2016
Referred to the House Committee on Foreign Affairs.
Sep 28, 2016
Introduced in House
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 Latest action September 28, 2016

Referred to the House Committee on Foreign Affairs.

 Plain-English summary Congressional Research Service

Block Access to North Korea Act of 2016 or BANK Act of 2016

This bill requires the President to impose sanctions pursuant to the International Emergency Economic Powers Act, with specified waiver authority, against a person that continues to knowingly and directly provide specialized financial messaging services to, or to knowingly enable or facilitate access to such messaging services for:

  • the Central Bank of the Democratic People's Republic of Korea (North Korea),
  • a financial institution that facilitates any transaction or provides significant financial services for nuclear development or proliferation on North Korea's behalf, or
  • a person identified on the list of specially designated nationals and blocked persons maintained by the Department of the Treasury's Office of Foreign Assets Control for assisting North Korea's nuclear development or proliferation efforts.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 2 Republican 2
D
Bera, Ami
California · Sep 28, 2016
 R
DesJarlais, Scott
Tennessee · Sep 28, 2016
Marino, Tom
· Sep 28, 2016
 R
Perry, Scott
Pennsylvania · Sep 28, 2016
ROHRABACHER, DANA
· Sep 28, 2016
ROS-LEHTINEN, ILEANA
· Sep 28, 2016
 D
Sherman, Brad
California · Sep 28, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6281: BANK Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-6281/
MLA
"H.R. 6281: BANK Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-6281/.
Bluebook (legal)
H.R. 6281, 114th Cong. (2026), https://openamerica.io/bill/114-HR-6281/.
Markdown link
[H.R. 6281: BANK Act of 2016](https://openamerica.io/bill/114-HR-6281/)
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