Iran Ballistic Missile Prevention and Sanctions Act of 2016

January 7, 2016
January 7, 2016
Referred to House (sub)committee

This bill would direct the president to impose “5 or more” sanctions on persons who knowingly transfer to Iran conventional or ballistic missiles, or technology related to their manufacture. The sanctions may include, inter alia, restrictions on Export-Import Bank services, loans from U.S. financial institutions, foreign banking transactions, property transactions, exports, federal procurement, and equity and debt investment. The president would be permitted a national security waiver on a case-by-case basis.

19 cosponsors (12D, 7R).

Last major action: 1/7/16 referred to House Comm. on Oversight and Government Reform.

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