HR 6243
116th Congress
House
International Affairs
Bank accounts, deposits, capital
Congressional oversight
Financial services and investments
Foreign and international banking
Fraud offenses and financial crimes
Iran
Licensing and registrations
Middle East
Terrorism
Block Iranian Access to U.S. Banks Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2020
Referred to the House Committee on Financial Services.
Mar 12, 2020
Introduced in House
Plain-English summary
Block Iranian Access to U.S. Banks Act of 2020
This bill temporarily prohibits the Department of the Treasury from authorizing a U.S. financial institution to provide financial services, directly or indirectly, to Iran.
The President may waive this prohibition after issuing a report that such financial services are (1) required solely for the provision of medicines, medical equipment, agricultural commodities or humanitarian assistance benefitting the people of Iran; or (2) not provided in connection with a foreign person that engages in sanctionable activities.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1