Iran Financial System Access Limitation Act of 2016

S.2757
Introduced: 
April 6, 2016
114
Second
April 6, 2016
Referred to Senate (sub)committee

Like similar bill S. 2752 of 4/6/16, this measure was introduced to restrict Iran’s access to the U.S. financial system. It would bar the president from issuing licenses to any entity conducting financial transactions that would allow the Iranian government to access the U.S. dollar; bar U.S. persons from processing any transfers of funds to or from Iran as a part of any such transaction; order the president to block any transactions of U.S. property or U.S.-owned property with an Iranian person or the Iranian government.

See also: H.R. 4995 of 4/19/16.

Last major action: 4/6/16 referred to Senate Comm. on Banking, Housing, and Urban Affairs.

More info

For more information, Click Here to visit this measure’s page at congress.gov.

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