3.0.0 6281 2023-01-11T13:33:39Z 2023-01-11T13:33:39Z House HR 2016-09-28 114 [Congressional Record Volume 162, Number 147 (Wednesday, September 28, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SALMON:H.R. 6281.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution.[Page H6107]]]> hsfa00 Foreign Affairs Committee House Standing Referred to 2016-09-28T14:08:45Z 2016-09-28 Referred to the House Committee on Foreign Affairs. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2016-09-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-09-28 Introduced in House IntroReferral 1000 9 Library of Congress S000018 Rep. Salmon, Matt [R-AZ-5] MATT SALMON R AZ 5 N S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2016-09-28 True D000616 Rep. DesJarlais, Scott [R-TN-4] Scott DesJarlais R TN 4 2016-09-28 True B001287 Rep. Bera, Ami [D-CA-7] Ami Bera D CA 7 2016-09-28 True R000409 Rep. Rohrabacher, Dana [R-CA-48] DANA ROHRABACHER R CA 48 2016-09-28 True M001179 Rep. Marino, Tom [R-PA-10] Tom Marino R PA 10 2016-09-28 True R000435 Rep. Ros-Lehtinen, Ileana [R-FL-27] ILEANA ROS-LEHTINEN R FL 27 2016-09-28 True L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2016-09-28 True D000615 Rep. Duncan, Jeff [R-SC-3] Jeff Duncan R SC 3 2016-09-28 True P000605 Rep. Perry, Scott [R-PA-4] Scott Perry R PA 4 2016-09-28 True International Affairs Alliances Arms control and nonproliferation Asia Banking and financial institutions regulation Foreign and international banking Foreign property Japan North Korea Nuclear weapons Sanctions South Korea International Affairs 00 2016-09-28 Introduced in House 2016-12-14T22:01:01Z Block Access to North Korea Act of 2016 or BANK Act of 2016

This bill requires the President to impose sanctions pursuant to the International Emergency Economic Powers Act, with specified waiver authority, against a person that continues to knowingly and directly provide specialized financial messaging services to, or to knowingly enable or facilitate access to such messaging services for:

  • the Central Bank of the Democratic People's Republic of Korea (North Korea),
  • a financial institution that facilitates any transaction or provides significant financial services for nuclear development or proliferation on North Korea's behalf, or
  • a person identified on the list of specially designated nationals and blocked persons maintained by the Department of the Treasury's Office of Foreign Assets Control for assisting North Korea's nuclear development or proliferation efforts.
]]> BANK Act of 2016 Display Title BANK Act of 2016 Official Title as Introduced To prevent further advances in North Korea's nuclear program by preventing specialized financial messaging services to, or direct or indirect access to such messaging services for, the Central Bank of the Democratic People's Republic of Korea and certain other financial institutions and sanctioned persons, and for other purposes. Introduced in House IH Short Titles as Introduced BANK Act of 2016 Short Titles as Introduced Block Access to North Korea Act of 2016 Introduced in House 2016-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr6281ih/xml/BILLS-114hr6281ih.xml 2016-09-28 Referred to the House Committee on Foreign Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.