To prohibit the Secretary of the Treasury from authorizing certain transactions by a United States financial institution in connection with Iran, to prevent the International Monetary Fund from providing financial assistance to Iran, to codify prohibitions on Export-Import Bank financing for the Government of Iran, and for other purposes.
Sponsors
Legislative Progress
Passed HouseReferred to the Committee on Financial Services
Passed House (inferred from eh version)
Mr. Huizenga (for himself, Mrs. Wagner, Mr. Meuser, Mr. Posey, …
Summary
What This Bill Does
Prohibits Treasury from authorizing US financial institution transactions with Iran (except humanitarian goods), instructs opposition to IMF assistance to Iran, and codifies Export-Import Bank prohibition on Iran financing.
Who Benefits and How
Iran sanctions advocates gain strengthened enforcement. US national security interests benefit from tighter financial restrictions. Humanitarian exceptions preserved for food, medicine, and medical devices.
Who Bears the Burden and How
Iran loses access to US financial system and IMF resources. US financial institutions face clear prohibition on Iran transactions. US Executive Director at IMF must actively oppose Iran assistance.
Key Provisions
- Prohibits Treasury authorization of US financial institution transactions with Iran
- Exception only for agricultural commodities, food, medicine, and humanitarian assistance
- US must oppose IMF financial assistance and SDR allocation to Iran
- Codifies Export-Import Bank prohibition on Iran financing
- Includes sunset provision
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Prohibits US financial institution transactions with Iran except humanitarian goods and blocks IMF assistance to Iran
Policy Domains
Legislative Strategy
"Strengthen Iran sanctions through financial system restrictions"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology