H.R. 5961
Referred to CommitteeNo Funds for Iranian Terrorism Act
Latest Action
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
12/4/2023 • Senate
Summary
No Funds for Iranian Terrorism Act
This bill requires the President to impose property-blocking sanctions on foreign financial institutions and international financial institutions that process, participate in, or facilitate a transaction involving certain Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran).
Reported to House, Part I • 11/9/2023
Topics & Subjects
CBO Cost Estimates (1)
Amendments (12)
This bill has 12 amendments proposed or adopted.
View all amendments on Congress.govRelated Federal Spending
Sponsor & Cosponsors (35)
Party Breakdown
Sponsor
Cosponsors (34)
Bill Journey
Originated in the House
Introduced
October 16, 2023
Committee Review
November 7, 2023
Floor Debate
November 30, 2023
Passed Chamber
November 30, 2023
Other Chamber
President
Failed
November 15, 2023
Text Versions (4)
Committee Reports (1)
Related Bills (2)
H.Res. 869
Providing for consideration of the bill (H.R. 5893) making appropriations for the Departments of Commerce and Justice, Science, and Related Agencies for the fiscal year ending September 30, 2024, and for other purposes, and providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
H.Res. 891
Providing for consideration of the bill (H.R. 5283) to prohibit the use of Federal funds to provide housing to specified aliens on any land under the administrative jurisdiction of the Federal land management agencies; providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes; and providing for consideration of the joint resolution (S. J. Res. 32) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".