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116-hr-6243116th Congress

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

Sponsored By: Representative Huizenga, Bill [R-MI-4]

Unknown

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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Bill Overview

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Sponsors & CoSponsors

Sponsor

Huizenga, Bill [R-MI-4]

MI • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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