Strengthening Oversight of Iran's Access to Finance Act
USA115th CongressHR-4324| House
| Updated: 12/18/2017
Roger Williams
Republican Representative
Texas
Cosponsors (12)
Doug LaMalfa (Republican)Andy Harris (Republican)Lee M. Zeldin (Republican)Rick W. Allen (Republican)Claudia Tenney (Republican)Bruce Poliquin (Republican)Earl L. "Buddy" Carter (Republican)Andy Barr (Republican)Jodey C. Arrington (Republican)Thomas J. Rooney (Republican)Bill Huizenga (Republican)Ted Budd (Republican)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 38 - 21.
Placed on the Union Calendar, Calendar No. 334.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-452.
Rules Committee Resolution H. Res. 658 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills.
Rule H. Res. 658 passed House.
Considered under the provisions of rule H. Res. 658. (consideration: CR H9880-9891; text of amendment in the nature of a substitute: CR H9880-9881)
Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills.
DEBATE - The House proceeded with one hour of debate on H.R. 4324.
DEBATE - Pursuant to the provisions of H.Res. 658, the House proceeded with 10 minutes of debate on the Gaetz amendment No. 1.
Mr. Swalwell (CA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H9890)
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit financial institutions participating in certain transactions from engaging in business with a foreign entity that has been found by the Secretary, in consultation with the Director of National Intelligence, to have engaged in or authorized cyber-attacks targeting any election held in the United States.
The previous question on the motion to recommit with instructions was ordered without objection.
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. Swalwell demanded the yeas and nays and the Chair postponed further proceedings on the motion until a time to be announced.
Considered as unfinished business. (consideration: CR H9916-9918)
On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 233 (Roll no. 683).
View VoteOn passage Passed by the Yeas and Nays: 252 - 167 (Roll no. 684).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 4324.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Foreign Trade and International Finance
Arms control and nonproliferationAviation and airportsCongressional oversightForeign and international bankingForeign propertyFraud offenses and financial crimesHuman rightsIranMiddle EastNuclear weaponsPresidents and presidential powers, Vice PresidentsSanctionsSyriaTerrorismTrade restrictionsWar and emergency powers
Strengthening Oversight of Iran's Access to Finance Act
USA115th CongressHR-4324| House
| Updated: 12/18/2017
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 38 - 21.
Placed on the Union Calendar, Calendar No. 334.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-452.
Rules Committee Resolution H. Res. 658 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills.
Rule H. Res. 658 passed House.
Considered under the provisions of rule H. Res. 658. (consideration: CR H9880-9891; text of amendment in the nature of a substitute: CR H9880-9881)
Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills.
DEBATE - The House proceeded with one hour of debate on H.R. 4324.
DEBATE - Pursuant to the provisions of H.Res. 658, the House proceeded with 10 minutes of debate on the Gaetz amendment No. 1.
Mr. Swalwell (CA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H9890)
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit financial institutions participating in certain transactions from engaging in business with a foreign entity that has been found by the Secretary, in consultation with the Director of National Intelligence, to have engaged in or authorized cyber-attacks targeting any election held in the United States.
The previous question on the motion to recommit with instructions was ordered without objection.
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. Swalwell demanded the yeas and nays and the Chair postponed further proceedings on the motion until a time to be announced.
Considered as unfinished business. (consideration: CR H9916-9918)
On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 233 (Roll no. 683).
View VoteOn passage Passed by the Yeas and Nays: 252 - 167 (Roll no. 684).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 4324.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Roger Williams
Republican Representative
Texas
Cosponsors (12)
Doug LaMalfa (Republican)Andy Harris (Republican)Lee M. Zeldin (Republican)Rick W. Allen (Republican)Claudia Tenney (Republican)Bruce Poliquin (Republican)Earl L. "Buddy" Carter (Republican)Andy Barr (Republican)Jodey C. Arrington (Republican)Thomas J. Rooney (Republican)Bill Huizenga (Republican)Ted Budd (Republican)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Foreign Trade and International Finance
Related Bills
- HRES 115-658: Providing for consideration of the bill (H.R. 1638) to require the Secretary of the Treasury to submit a report to the appropriate congressional committees on the estimated total assets under direct or indirect control by certain senior Iranian leaders and other figures, and for other purposes, and providing for consideration of the bill (H.R. 4324) to require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions' aircraft-related transactions involving Iran, and for other purposes.
- S 115-2167: A bill to require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions' aircraft-related transactions involving Iran, and for other purposes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Arms control and nonproliferationAviation and airportsCongressional oversightForeign and international bankingForeign propertyFraud offenses and financial crimesHuman rightsIranMiddle EastNuclear weaponsPresidents and presidential powers, Vice PresidentsSanctionsSyriaTerrorismTrade restrictionsWar and emergency powers