United States 112th Congress Status: Died 1 R cosponsors

HR 3439 — To require the President to impose sanctions on foreign financial institutions that conduct transactions with the Central Bank of Iran if the President determines that the Central Bank of Iran has engaged in certain transactions relating to the proliferation of chemical, biological, or nuclear weapons or support for acts of international terrorism.

Last action — Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to direct the President to determine, and report to Congress, whether the Central Bank of Iran has assisted: (1) Iran's development of chemical, biological, nuclear, or ballistic weapons; (2) Iran's Revolutionary Guard Corps (IRGC); or (3) a financial institution whose property or property interests are subject to sanctions in connection with Iran's proliferation of weapons of mass destruction or support for international terrorism. Directs the President, if the Bank has engaged in any of such acts, to: (1) prohibit the opening or maintaining in the United States of a correspondent or payable-through account by a foreign financial institution that has knowingly conducted any financial transaction with the Bank; and (2) freeze and prohibit all property and property interest transactions of such institution if the property and property interests are in the United States, come within the United States, or come within the possession or control of a U.S. person. Applies such provisions to: (1) financial transactions begun on or after the date of the enactment of this Act, and (2) financial transactions for petroleum or petroleum product purchases through the Bank begun 180 days or more after the date of the enactment of this Act.

Bill Text

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Read HR 3439 on the official United States source →

Action History

  1. Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

  2. Referred to the Subcommittee on Middle East and South Asia .

  3. Referred to the Subcommittee on International Monetary Policy and Trade.

  4. Referred to House Foreign Affairs

  5. Referred to House Financial Services

  6. Referred to the House Committee on Financial Services.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance immigration
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Frequently asked questions

What does HR 3439 do?
Amends the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to direct the President to determine, and report to Congress, whether the Central Bank of Iran has assisted: (1) Iran's development of chemical, biological, nuclear, or ballistic weapons; (2) Iran's Revolutionary Guard Corps (IRGC); or (3) a financial institution whose property or property interests are subject to sanctions in connection with Iran's proliferation of weapons of mass destruction or support for international terrorism. Directs the President, if the Bank has engaged in any of such acts, to: (1) prohibit the opening or maintaining in the United States of a correspondent or payable-through account by a foreign financial institution that has knowingly conducted any financial transaction with the Bank; and (2) freeze and prohibit all property and property interest transactions of such institution if the property and property interests are in the United States, come within the United States, or come within the possession or control of a U.S. person. Applies such provisions to: (1) financial transactions begun on or after the date of the enactment of this Act, and (2) financial transactions for petroleum or petroleum product purchases through the Bank begun 180 days or more after the date of the enactment of this Act.
Who sponsors HR 3439?
HR 3439 is sponsored by Jeff Flake (R).
What is the current status of HR 3439?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 3439?
Track HR 3439 free on One Click Politics — get push/email alerts when it moves.

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