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Stop Evasion of Iran Sanctions Act of 2020
2/8/2022, 11:17 PM
Congressional Summary of HR 6015
Stop Evasion of Iran Sanctions Act of 2020
This bill allows the Department of the Treasury to subject a financial institution to operating restrictions and reporting requirements if the institution is connected with the Instrument in Support of Trade Exchanges (INSTEX). INSTEX is an entity designed to facilitate trade between Iran and non-U.S. countries and was created in response to the renewal of certain U.S. sanctions against Iran.
Read the Full Bill
Current Status of Bill HR 6015
Bill HR 6015 is currently in the status of Bill Introduced since February 28, 2020. Bill HR 6015 was introduced during Congress 116 and was introduced to the House on February 28, 2020. Bill HR 6015's most recent activity was Referred to the House Committee on Financial Services. as of February 28, 2020
Bipartisan Support of Bill HR 6015
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
0Republican Cosponsors
5Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6015
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Alliances
- Arms control and nonproliferation
- Bank accounts, deposits, capital
- Business records
- Congressional oversight
- Europe
- Foreign and international banking
- Iran
- Middle East
- Nuclear weapons
- Sanctions
Alternate Title(s) of Bill HR 6015
Stop Evasion of Iran Sanctions Act of 2020
To authorize the Secretary of the Treasury to require special measures for domestic financial institutions in connection with INSTEX, and for other purposes.
Stop Evasion of Iran Sanctions Act of 2020
Comments
Sponsors and Cosponsors of HR 6015
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