H.R.4324 - Strengthening Oversight of Iran's Access to Finance Act115th Congress (2017-2018)
|Sponsor:||Rep. Williams, Roger [R-TX-25] (Introduced 11/09/2017)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Meetings:||12/12/17 3:00PM|
|Committee Reports:||H. Rept. 115-452|
|Latest Action:||Senate - 12/18/2017 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Roll Call Votes:||There have been 2 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.4324 — 115th Congress (2017-2018)All Information (Except Text)
Passed House without amendment (12/14/2017)
Strengthening Oversight of Iran's Access to Finance Act
(Sec. 3) This bill sets forth reporting requirements with respect to the export of commercial passenger aircrafts to Iran. The Department of the Treasury must report on financial institutions conducting transactions regarding such exports. Additionally, Treasury must determine if such transactions pose a risk relating to money laundering, terrorism, or other sanctionable activities.
The President may waive the requirements of this bill under certain circumstances.