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Blocking Iranian Illicit Finance Act

Introduced: December 13, 2018 Introduced by: Cruz, Ted Republican · Texas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 13, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Blocking Iranian Illicit Finance Act

This bill expands sanctions against Iranian financial institutions that engage in various prohibited activities. It also directs the President to impose sanctions against (1) persons that provide financial messaging services to such institutions, and (2) persons that conduct significant transactions in any Iranian digital currency.

What's happening now December 13, 2018

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1