Like similar bill H.R. 766 of 2/5/16, this was multifaceted banking regulations bill, with 1 provision that would clarify that federal banking regulators may request or require a financial institution to terminate a relationship with a customer if he or she “poses a threat to national security,” “is engaged in terrorist financing,” “is doing business with Iran, North Korea, Syria, or another State Sponsor of Terrorism,” or “is doing business with an entity of any of these countries.”
8 cosponsors (8R).
Last major action: 4/13/16 referred to Senate Comm. on Banking, Housing, and Urban Affairs.