HR 5729 · 114th Congress · Finance and Financial Sector

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

Introduced 2016-07-12· Sponsored by Rep. Pittenger, Robert [R-NC-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Reported (Amended) by the Committee on Financial Services. H. Rept. 114-866, Part I.(2016-12-12)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 5729, Stop U.S. Support for State Sponsors of Terrorism Act

Aug 31, 2016

As ordered reported by the House Committee on Financial Services on July 13, 2016

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office