No Ex-Im Financing for Iran Act

Fact Sheet API

Bill Number

HR 5608

Introduced

Jun 28, 2016

Latest Action

Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.

Sponsor

Cosponsors

Topics

Competitiveness, trade promotion, trade deficits Foreign Trade and International Finance Government lending and loan guarantees Iran Middle East

Full Text

View Full Bill Text

Votes

Summary

No Ex-Im Financing for Iran Act

This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the export of U.S. goods or services to any entity that does business with or provides credit or a guarantee to any other entity in connection with exports involving:

the Government of Iran, or an entity in which the Government of Iran participates,
an entity created under Iranian law, or
an operation in Iran.

Actions

Jul 7, 2016

Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Jun 28, 2016

Referred to the House Committee on Financial Services.
Jun 28, 2016

Introduced in House

Amendments

Related Bills