Like Countable?

Install the App
TRY NOW

house Bill H.R. 4324

Requiring Reports to Congress on Iran’s Financing of Airliner Purchases & Money Laundering

Argument in favor

Congress needs to be informed about whether Iran is using its purchases of commercial airliners to launder money so that it can finance terrorism. These reports are common sense.

David 's Opinion
···
12/13/2017
It is vital for our country to be aware of all of Iran’s actions.
Like (22)
Follow
Share
Missie's Opinion
···
12/14/2017
Hello....not just Iran but all of our enemies in the Middle East!!!
Like (7)
Follow
Share
Lee's Opinion
···
12/14/2017
This vote is paramount to keeping close tabs on this rouge and terrorist country. Those people who are against this bill are in denial. May be it would be a good idea for Trump haters like Robert & Laura to go and live in Iran. They need a taste of what is like to live in fear under the constant watchful eye of the Rouge Regime. Good Luck! Merry Christmas!
Like (4)
Follow
Share

Argument opposed

These reports are intended to prevent the U.S. from allowing Iran to purchase commercial airliners which is allowed under the nuclear deal, putting the U.S. at risk of violating the agreement.

Laura's Opinion
···
12/13/2017
I do not agree on a bill that supposedly reports of money laundering on another country when we have a sitting president and his family that need to be investigated for the same exact thing. What happened to doing business at home first?
Like (47)
Follow
Share
Michael777's Opinion
···
12/13/2017
Why are we only attacking Iran with all of these bills, huh? Iran maybe a theocracy, but also Saudi Arabia! Saudi Arabia is literally known to have funded groups affiliated with Al-Qaeda. We should be treating Saudi Arabia as much of a threat as Iran now.
Like (31)
Follow
Share
Erin's Opinion
···
12/12/2017
No. This bill is nothing more than an attempt by the GOP to decertify the Iranian Nuclear Arms deal, even though Iran has complied with all requirements. This administration, and the GOP as a whole, needs to stop repealing each and every deal made by the previous administration. Republicans are repealing deals such as this out of spite and for no other reason.
Like (8)
Follow
Share

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
  • The house Passed December 14th, 2017
    Roll Call Vote 251 Yea / 167 Nay
      house Committees
      Committee on Financial Services
    IntroducedNovember 9th, 2017

Log in or create an account to see how your Reps voted!

What is House Bill H.R. 4324?

This bill would require the Treasury Dept. to report to Congress on the Iranian government’s financing of civilian aircraft purchases. The Treasury Secretary would have to certify whether or not financial transactions to facilitate the export of aircraft to Iran involve activities that could be sanctioned under current law.

The first report would be required within 60 days of enactment, and reports would be required every 180 days thereafter. The reports would be required unless the president certifies to Congress that Iran isn’t at risk of financing terrorism, money laundering, and that ending the reports is in the interest of national security.

Impact

Iran’s government; the Treasury Department; and Congress.

Cost of House Bill H.R. 4324

The CBO estimates that enacting this bill would have no significant cost.

More Information

In-DepthSponsoring Rep. Roger Williams (R-TX) introduced this bill to require the Treasury to report to Congress about financial transactions it authorizes involving Iran’s purchases of commercial airliners:

“The security of our nation is of the utmost importance, and I was proud to introduce a bill to increase congressional oversight on aircraft sales authorized by the U.S. Treasury Department to Iran. H.R. 4324 protects the interests of the United States’ financial institutions. Furthermore, it requires the Treasury Department to submit to Congress a report detailing certifications that must be made under the license agreement, and a review of Iran’s compliance under that agreement every 180 days. This is commonsense legislation that prioritizes American interests, and I urge House Leadership to consider this bill on the floor as soon as possible.”

House Democrats opposed this bill in its committee report:

"The sale of safe commercial planes to Iranian airlines allowed under the terms of the JCPOA will not appreciably increase Iran's military capability -- meanwhile, it's clear that these sales get Iran to spend tens of billions of dollars on Western commercial aircraft and not missile development, militant salaries, and weapons. Directing Iran's spending away from these things is a plus for U.S. national security, as hawks who worried very much about an Iranian "windfall" should recognize."

This legislation passed the House Financial Services Committee on a 38-21 vote and has the support of 12 cosponsors in the House, all of whom are Republicans.


Media:

Summary by Eric Revell

(Photo Credit: davidhills / iStock)

AKA

Strengthening Oversight of Iran's Access to Finance Act

Official Title

To require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions' aircraft-related transactions involving Iran, and for other purposes.

    It is vital for our country to be aware of all of Iran’s actions.
    Like (22)
    Follow
    Share
    I do not agree on a bill that supposedly reports of money laundering on another country when we have a sitting president and his family that need to be investigated for the same exact thing. What happened to doing business at home first?
    Like (47)
    Follow
    Share
    Why are we only attacking Iran with all of these bills, huh? Iran maybe a theocracy, but also Saudi Arabia! Saudi Arabia is literally known to have funded groups affiliated with Al-Qaeda. We should be treating Saudi Arabia as much of a threat as Iran now.
    Like (31)
    Follow
    Share
    Someone is trying to start a war with Iran. I say not on my vote. Let Israel do its own dirty work.
    Like (10)
    Follow
    Share
    This bill is another attempt to justify the president's recent refusal to certify the Iranian Nuclear pact. Stop wasting taxpayer time and money enabling the rash, unilateral measures backed by this administration which do nothing to keep Americans safe.
    Like (8)
    Follow
    Share
    No. This bill is nothing more than an attempt by the GOP to decertify the Iranian Nuclear Arms deal, even though Iran has complied with all requirements. This administration, and the GOP as a whole, needs to stop repealing each and every deal made by the previous administration. Republicans are repealing deals such as this out of spite and for no other reason.
    Like (8)
    Follow
    Share
    Hello....not just Iran but all of our enemies in the Middle East!!!
    Like (7)
    Follow
    Share
    This achieves approximately nothing. It’s a total waste of my tax dollars.
    Like (7)
    Follow
    Share
    This vote is paramount to keeping close tabs on this rouge and terrorist country. Those people who are against this bill are in denial. May be it would be a good idea for Trump haters like Robert & Laura to go and live in Iran. They need a taste of what is like to live in fear under the constant watchful eye of the Rouge Regime. Good Luck! Merry Christmas!
    Like (4)
    Follow
    Share
    This administration is working to destroy any progress made with Iran and this is more proof.
    Like (3)
    Follow
    Share
    I don't know, need to keep tabs on all enemies that are being poked by dumbshit Trump. It's going to be a big mess to clean up...
    Like (3)
    Follow
    Share
    Well yeah, it's our money they're using to develop nuclear weapons, everything they do needs to be examined under a microscope! This shouldn't even need to be voted on, it should just be automatic with Iran, and NK also.
    Like (3)
    Follow
    Share
    This administration with the help of the republican congress will go to war to get away from the Russia investigation . the republicans are part of the Putin /corporate takeover of America, look how hard they fight the Mueller investigation after investigating Clintons for 11to 30 years. The Putin /republicans are going against the rule of law by using Russian propaganda to push against the house and the senate committees .This is happening while the net neutrality is shut down, sinclare media will have 72 % control of your news tv stations , while republican congress are giving the corporation financial control of our lives while annihilation of the safety net makes Ryan giddy ... by the way after they transfer the major wealth of our nation to the wealthy... them (with the taxscam) , Ryan will retire. Remember congress has full retirement after 5 years of part time work and of course they are all millionaires while they cut your healthcare so you die!!!! The reports are intended to prevent the U.S. from allowing Iran to purchase commercial airliners which is allowed under the nuclear deal, putting the U.S. at risk of violating the agreement.
    Like (3)
    Follow
    Share
    The President and Congress should responsibly Estimate whether after a while of collecting transactions is this information actually needed to be collected for threats of terrorism.
    Like (2)
    Follow
    Share
    No. Iran has the right to own commercial Airliners under the Nuclear agreement. We would look like a international bully if we broke that agreement.
    Like (2)
    Follow
    Share
    Transparecy
    Like (2)
    Follow
    Share
    Let's focus on our own government before trying to look into others.
    Like (2)
    Follow
    Share
    As leading state sponsor of terrorism throughout the world Iran's financial activities should be monitored to reduce its ability to easily finance terrorism and destabilization operations throughout the region.
    Like (2)
    Follow
    Share
    We need to keep an extreme watch on what our enemies do.
    Like (2)
    Follow
    Share
    Corruption is calling from inside the house.
    Like (1)
    Follow
    Share
    MORE