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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

Introduced: March 12, 2020 Introduced by: Huizenga, Bill Republican · Michigan See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Mar 12, 2020
Referred to the House Committee on Financial Services.
Mar 12, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

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 March 12, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 6243: Block Iranian Access to U.S. Banks Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6243/
MLA
"H.R. 6243: Block Iranian Access to U.S. Banks Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6243/.
Bluebook (legal)
H.R. 6243, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6243/.
Markdown link
[H.R. 6243: Block Iranian Access to U.S. Banks Act of 2020](https://openamerica.io/bill/116-HR-6243/)
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