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United States · Bill · HR

H.R. 6243 (116th)

Block Iranian Access to U.S. Banks Act of 2020

referredUnited States· United States Congress· EN

Introduced

12 March 2020

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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