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Stop Evasion of Iran Sanctions Act of 2021

Introduced: February 2, 2021 Introduced by: Steil, Bryan Republican · Wisconsin See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 2, 2021
Referred to the House Committee on Financial Services.
Feb 2, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Stop Evasion of Iran Sanctions Act of 2021

This bill allows the Department of the Treasury to subject a financial institution to operating restrictions and reporting requirements if the institution is connected with the Instrument in Support of Trade Exchanges (INSTEX). INSTEX is an entity designed to facilitate trade between Iran and non-U.S. countries and was created in response to the renewal of certain U.S. sanctions against Iran.

What's happening now February 2, 2021

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1