To impose sanctions with respect to Iranian financial institutions and the development and use of Iranian digital currency, and for other purposes.

United States115th CongressHR-7321House of Representatives
Updated: Dec 20, 2018

Summary

Blocking Iran Illicit Finance Act This bill expands sanctions against Iranian financial institutions that engage in various prohibited activities. It also directs the President to impose sanctions against (1) persons that provide financial messaging services to such institutions, and (2) persons that conduct significant transactions in any Iranian digital currency.

Bill texts

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Introduced (House)View official text

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Timeline

Latest companion bill action

S-3758: A bill to impose sanctions with respect to Iranian financial institutions and the development and use of Iranian digital currency, and for other purposes.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. Introduced in House

  2. Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, the Judiciary, Ways and Means, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    House of Representatives

  3. Referred to the Subcommittee on Trade.

    House of Representatives

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