H.R. 4898 · 114th Congress
No Dollars for Iran Act
- Stage
- In committee
- Sponsor
- Dave Trott
- Introduced
- 2016-04-11
- Latest action
- 2016-04-11 · Introduced in House
Summary
No Dollars for Iran Act
This bill prohibits the Department of the Treasury from issuing a license under any law, including the Iranian Transactions and Sanctions Regulations, that would permit a person to conduct offshore dollar clearing outside of the U.S. financial system for transactions that would involve or benefit the government of Iran or any Iranian person.