Library / Laws / 114th / hr / H.R. 5711 / Introduced in House
I
114th CONGRESS
2d Session
H. R. 5711
IN THE HOUSE OF REPRESENTATIVES
July 11, 2016Mr. Huizenga of Michigan (for himself and Mr. Sherman) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To prohibit the Secretary of the Treasury from authorizing certain transactions by a U.S. financial
institution in connection with the export or re-export of a commercial
passenger aircraft to the Islamic Republic of Iran.
1.
Prohibition
The Secretary of the Treasury may not authorize a transaction by a U.S. financial institution (as defined under section 561.309 of title 31, Code of Federal Regulations) that is ordinarily incident to the export or re-export of a commercial passenger aircraft to the Islamic Republic of Iran.