Block Iranian Access to U.S. Banks Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 12, 2020)
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 just happenedMar 12, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMar 12, 2020
- Mar 12, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 12, 2020IntroReferralIntro-H
Introduced in House
- Mar 12, 2020IntroReferral1000
Introduced in House