HR 6281 · 114th Congress 2015–2017, ended

BANK Act of 2016

Introduced Sep 28, 2016 Originated House Sponsor Matt Salmon R-AZ

Fact sheet

Latest action · Sep 28, 2016 Referred to the House Committee on Foreign Affairs.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedSep 28, 2016
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Block Access to North Korea Act of 2016 or BANK Act of 2016

This bill requires the President to impose sanctions pursuant to the International Emergency Economic Powers Act, with specified waiver authority, against a person that continues to knowingly and directly provide specialized financial messaging services to, or to knowingly enable or facilitate access to such messaging services for:

the Central Bank of the Democratic People's Republic of Korea (North Korea),
a financial institution that facilitates any transaction or provides significant financial services for nuclear development or proliferation on North Korea's behalf, or
a person identified on the list of specially designated nationals and blocked persons maintained by the Department of the Treasury's Office of Foreign Assets Control for assisting North Korea's nuclear development or proliferation efforts.

Cosponsors 9

Members who signed on, in the order they did. All signed on Sep 28, 2016.

Seat	Cosponsor		Signed on
D-CA	Alan S. Lowenthal	Original	Sep 28, 2016
D-CA	Ami Bera	Original	Sep 28, 2016
D-CA	Brad Sherman	Original	Sep 28, 2016
R-CA	Dana Rohrabacher	Original	Sep 28, 2016
R-FL	Ileana Ros-Lehtinen	Original	Sep 28, 2016
R-SC	Jeff Duncan	Original	Sep 28, 2016
R-TN	Scott DesJarlais	Original	Sep 28, 2016
R-PA	Scott Perry	Original	Sep 28, 2016
R-PA	Tom Marino	Original	Sep 28, 2016

Actions 2

Everything that happened, newest first.

Sep 28, 2016Introduced in House
Sep 28, 2016Referred to the House Committee on Foreign Affairs.

Subjects

Assigned by the Library of Congress. Policy area: International Affairs.

Text 1

Each version as it was printed, newest first.

Sep 28, 2016Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.