# 116-hr-6243: Block Iranian Access to U.S. Banks Act of 2020

116-hr-6243, Block Iranian Access to U.S. Banks Act of 2020, is a 116th Congress bill sponsored by Rep. Huizenga, Bill [R-MI-4] (R-MI); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6243
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6243
- Congress: 116
- Title: Block Iranian Access to U.S. Banks Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-03-12
- Sponsor: Rep. Huizenga, Bill [R-MI-4] (R-MI)
- Cosponsors: 0
- Policy area: International Affairs
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Related bills

- 116-hr-9012: Small Business Protection Act of 2020
- 116-hr-8695: Protecting Retirement Savers and Everyday Investors Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8280: Gig Worker Equity Compensation Act
- 116-hr-7912: INPATIENT Act of 2020
- 116-hr-7809: HOPE Act of 2020

## Sources
- [116-hr-6243 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6243)

## Related
- [116-hr-9012: Small Business Protection Act of 2020](https://policyrisk.com/legislation/116-hr-9012)
- [116-hr-8695: Protecting Retirement Savers and Everyday Investors Act](https://policyrisk.com/legislation/116-hr-8695)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8280: Gig Worker Equity Compensation Act](https://policyrisk.com/legislation/116-hr-8280)
- [116-hr-7912: INPATIENT Act of 2020](https://policyrisk.com/legislation/116-hr-7912)
- [116-hr-7809: HOPE Act of 2020](https://policyrisk.com/legislation/116-hr-7809)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6243 (as of 2025-11-18).