Stop U.S. Support for State Sponsors of Terrorism Act
(Sec. 2) This bill prohibits the Department of the Treasury from issuing a license for the export or re-export of commercial passenger aircraft to the Islamic Republic of Iran.
(Sec. 3) Treasury shall submit an annual report to Congress:
stating whether any U.S. financial institution is involved with the sale or lease of commercial passenger aircraft or aircraft spare parts to Iran by a non-U.S. manufacturer, and whether any such involvement is with respect to such aircraft or spare parts comprising 10% or more U.S. content; and containing a description of the risks related to repayment, money laundering, and the financing of terrorism faced by U.S. financial institutions that are involved in such transactions. (Sec. 4) The Export-Import Bank shall report annually to Congress on the use of Bank assistance for such transactions.
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