PSI Sci
New here? Follow the money and the votes · Not sure of your district? Find your U.S. House member · Find your state legislators

H.R. 5711: No U.S. Financing for Iran Act

Before you vote › Federal bills

H.R. 5711: No U.S. Financing for Iran Act

114th Congress · introduced 2016-07-11 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2016-07-11 · official record
  2. Who proposed it: Rep. Huizenga, Bill [R-MI-2] · what a sponsor is
  3. What happened next: 2 recorded votes in our records. Latest: House roll call 586 (2016): On Motion to Recommit with Instructions, HR5711 (2016-11-17), Failed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

No U.S. Financing for Iran Act

Plain summary

No U.S. Financing for Iran Act TITLE I--IRAN FINANCING PROHIBITION (Sec. 101) This bill prohibits the Department of the Treasury from authorizing U.S. financial institution transactions in connection with the export or re-export of commercial passenger aircraft to the Islamic Republic of Iran. (Sec. 102) Any transaction authorized by Treasury before enactment of this bill is revoked. TITLE II--NO EX-IM ASSISTANCE FOR TERRORISM No Ex-Im Assistance for Terrorism Act (Sec. 202) This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the export of U.S. goods or services sought by: the Government of Iran, an entity owned or controlled by it, an entity created under Iranian law, or a foreign subsidiary of such an entity; an entity involving the Government of Iran, owned or controlled by the Government of Iran, created under Iranian law, or a foreign subsidiary of such an entity; or a non-U.S. entity that, in the last five-years, has leased or sold aircraft to the Government of Iran, or a subsidiary or controlling parent of such a non-U.S. entity. The Bank must cancel approved financing if it finds that such financing has facilitated the export, sale, or lease of an aircraft to the Government of Iran or a related entity and must seek immediate recovery of any amount it has provided in connection with the transaction. TITLE III--SUNSET (Sec. 301) This bill shall cease to be effective 30 days after the President certifies to Congress that the Government of Iran has ceased support for acts of international terrorism.

Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

No U.S. Financing for Iran Act

Source: Congressional Research Service summary (Passed House amended)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Huizenga, Bill [R-MI-2] · 1 cosponsors

Cost estimate: CBO cost estimate: H.R. 5711, a bill to prohibit the Secretary of the Treasury from authorizing certain transactions by a U.S. financial institution in connection with the export of a commercial passenger aircraft to the Islamic Republic of Iran (2016-09-01)

Cosponsors on this site

Brad Sherman (D-CA)

Sponsor's campaign money: Rep. Huizenga, Bill [R-MI-2] reported raising $5.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (2)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr5711 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114