Stop U.S. Support for State Sponsors of Terrorism Act

Summary

This bill prohibits the Department of the Treasury from issuing a license for the export or re-export of commercial passenger aircraft to the Islamic Republic of Iran. Treasury shall submit an annual report to Congress: stating whether any U.S. financial institution is involved with the sale or lease of commercial passenger aircraft or aircraft spare parts to Iran by a non-U.S. manufacturer, and whether any such involvement is with respect to such aircraft or spare parts comprising 10% or more U.S. content; and containing a description of the risks related to repayment, money laundering, and the financing of terrorism faced by U.S. financial institutions that are involved in such transactions. The Export-Import Bank shall report annually to Congress on the use of Bank assistance for such transactions.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 7 July 2016

   Committee

   Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Introduction and Referral.

   Source: Committee

2. 12 July 2016

   Introduced

   Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 12 July 2016

   Introduced

   Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

4. 12 July 2016

   Introduced

   Introduced in House

   Source: IntroReferral

5. 12 July 2016

   Introduced

   Introduced in House

   Source: IntroReferral

6. 13 July 2016

   Vote

   Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 21.

   Source: Committee

7. 13 July 2016

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

8. 12 December 2016

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 114-866, Part I.

   Source: Committee

9. 12 December 2016

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 114-866, Part I.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 12 July 2016 · Official file

Documents

4 official files

• Reported to House amended, Part I

  summary · EN · 12 December 2016

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 12 July 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 12 July 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 12 July 2016

  Open at official source

Sponsors

• Robert Pittenger · R · Sponsor
• · hsba00 · Standing
• · hsfa00 · Standing

Related records

• related to → No U.S. Financing for Iran Act
• related to → To prohibit the Secretary of the Treasury from issuing certain licenses in connection with the export or re-export of a commercial passenger aircraft to the Islamic Republic of Iran, to require the Secretary of the Treasury to issue an annual report on the status of, and risks related to, U.S. financial institutions involved with the sale or lease of such a commercial passenger aircraft, and for other purposes.