HR-5729 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2016-12-12CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 114-866, Part I.House floor actions
2016-07-13CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 33 - 21.House committee actions
2016-07-13CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2016-07-12IntroReferralReferred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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 floor actions
2016-07-12IntroReferralReferred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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 floor actions
2016-07-12IntroReferralIntroduced in HouseLibrary of Congress
2016-07-07CommitteeHearings Held by the Subcommittee on Monetary Policy and Trade Prior to Introduction and Referral.House committee actions

Sponsor :

Rep. Pittenger, Robert [R-NC-9]
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Aviation and airports
  • Competitiveness, trade promotion, trade deficits
  • Congressional oversight
  • Fraud offenses and financial crimes
  • Iran
  • Licensing and registrations
  • Middle East
  • Terrorism
  • Trade restrictions

Related Bills

See Related Bills