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Bill114th CongressFiled Jul 11, 2016Foreign Trade and International Finance
H.R. 5715

No Ex-Im Assistance for Terrorism Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house with amendment(s) (Nov 14, 2016)

No Ex-Im Assistance for Terrorism Act

(Sec. 2) This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the export of U.S. goods or services sought by:

  • the Government of Iran, an entity owned or controlled by it, an entity created under Iranian law, or a foreign subsidiary of such an entity;
  • an entity involving the Government of Iran, owned or controlled by the Government of Iran, created under Iranian law, or a foreign subsidiary of such an entity; or
  • a non-U.S. entity that, in the last five-years, has leased or sold aircraft to the Government of Iran, or a subsidiary or controlling parent of such a non-U.S. entity.

The Bank must cancel approved financing if it finds that such financing has facilitated the export, sale, or lease of an aircraft to the Government of Iran or a related entity and must seek immediate recovery of any amount it has provided in connection with the transaction.

What just happenedNov 14, 2016

Placed on the Union Calendar, Calendar No. 642.

Who’s behind it

Rep. Roskam, Peter J. [R-IL-6](R-IL)Sponsor
10 cosponsors1 D9 R
Read on Congress.gov
10cosponsors1committees8actions2related bills6subjects
  1. Nov 14, 2016CalendarsH12410

    Placed on the Union Calendar, Calendar No. 642.

  2. Nov 14, 2016CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-819.

    Financial Services Committee
  3. Nov 14, 2016Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-819.

    Financial Services Committee
  4. Jul 13, 2016Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 21.

    Financial Services Committee
  5. Jul 13, 2016Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Jul 11, 2016IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Jul 11, 2016IntroReferralIntro-H

    Introduced in House

  8. Jul 11, 2016IntroReferral1000

    Introduced in House

Reported to House with amendment(s)Nov 14, 201617

No Ex-Im Assistance for Terrorism Act

(Sec. 2) This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the export of U.S. goods or services sought by:

  • the Government of Iran, an entity owned or controlled by it, an entity created under Iranian law, or a foreign subsidiary of such an entity;
  • an entity involving the Government of Iran, owned or controlled by the Government of Iran, created under Iranian law, or a foreign subsidiary of such an entity; or
  • a non-U.S. entity that, in the last five-years, has leased or sold aircraft to the Government of Iran, or a subsidiary or controlling parent of such a non-U.S. entity.

The Bank must cancel approved financing if it finds that such financing has facilitated the export, sale, or lease of an aircraft to the Government of Iran or a related entity and must seek immediate recovery of any amount it has provided in connection with the transaction.

Introduced in HouseJul 11, 2016

No Ex-Im Assistance for Terrorism Act

This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the export of U.S. goods or services sought by:

  • the Government of Iran, an entity owned or controlled by it, or an entity created under Iranian law;
  • an entity involving the Government of Iran, owned or controlled by the Government of Iran, or created under Iranian law; or
  • a non-U.S. entity that, in the last five-years, has leased or re-exported aircraft to the Government of Iran.
No Ex-Im Assistance for Terrorism Act — Informed