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The US House of
Representatives approved the “Iran Terror Finance Transparency Act,” nearly
three weeks after a similar vote was cancelled.
The House narrowly
passed the legislation last month, but the vote was voided after nearly a third
of the chamber showed up too late to cast their votes.
The “Iran Terror
Finance Transparency Act,” bars the removal of certain individuals and
financial institutions from a restricted list until Obama administration
certifies to Congress that they are not involved in Iran's ballistic missile
program or in terrorist.
Following Tuesday’s
passage of the Iran Terror Finance Transparency, House Foreign Affairs Chairman
Rep. Ed Royce said: The regime in Tehran “is cashing in on a $100 billion
jackpot, even as it tests ballistic missiles, seizes American sailors and
continues its support for terrorism. President Obama must keep his promise to
‘fully enforce’ sanctions on Iran’s illicit programs and confront its dangerous
acts.”
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