This bill would block the sale of commercial passenger aircraft to Iran and require the Treasury Dept. to submit a report on the subject (see Pittenger’s earlier bill, H.R. 5716 of 7/11/16, for a detailed summary of these provisions). It would also require the Export-Import Bank to submit an annual report to Congress on any instances in which it assisted in transactions involving the sale or lease of commercial aircraft or spare parts to Iran by non-U.S. manufacturers.
See also: H.R. 5711 of 7/11/16.
Last major action: 12/12/16 amended and reported by House Comm. on Financial Services.