US HB733 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 2 2021 - 25% progression
Action: 2021-02-02 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2021 - 25% progression
Action: 2021-02-02 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows the Department of the Treasury to subject a financial institution to operating restrictions and reporting requirements if the institution is connected with the Instrument in Support of Trade Exchanges (INSTEX). INSTEX is an entity designed to facilitate trade between Iran and non-U.S. countries and was created in response to the renewal of certain U.S. sanctions against Iran.
Title
Stop Evasion of Iran Sanctions Act of 2021
Sponsors
| Rep. Bryan Steil [R-WI] | Rep. Lance Gooden [R-TX] | Rep. French Hill [R-AR] | Rep. William Timmons [R-SC] |
| Rep. Lee Zeldin [R-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-02 | House | Referred to the House Committee on Financial Services. |
| 2021-02-02 | House | Introduced in House |
Subjects
Alliances
Arms control and nonproliferation
Bank accounts, deposits, capital
Business records
Congressional oversight
Europe
Finance and financial sector
Foreign and international banking
Iran
Middle East
Nuclear weapons
Sanctions
Arms control and nonproliferation
Bank accounts, deposits, capital
Business records
Congressional oversight
Europe
Finance and financial sector
Foreign and international banking
Iran
Middle East
Nuclear weapons
Sanctions
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/house-bill/733/all-info |
| Text | https://www.congress.gov/117/bills/hr733/BILLS-117hr733ih.pdf |
