HR 5729 · 114th Congress · Finance and Financial Sector
Stop U.S. Support for State Sponsors of Terrorism Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Reported (Amended) by the Committee on Financial Services. H. Rept. 114-866, Part I.(2016-12-12)
Plain Language Summary
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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 OfficeH.R. 5729, Stop U.S. Support for State Sponsors of Terrorism Act
Aug 31, 2016As 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