Bill
Bill > HR5961
summary
Introduced
10/16/2023
10/16/2023
In Committee
11/07/2023
11/07/2023
Crossed Over
12/04/2023
12/04/2023
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
AN ACT To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
AI Summary
This bill, called the "No Funds for Iranian Terrorism Act," aims to freeze certain Iranian funds involved in a 2023 hostage deal between the United States and Iran. The bill makes several findings, including that Iran-backed terrorist groups like Hamas, Palestinian Islamic Jihad, and Hezbollah have been responsible for attacks and hostage-taking in Israel. The bill requires the President to impose sanctions on foreign financial institutions that engage in transactions using these "covered Iranian funds." The bill also prohibits the President from issuing licenses or waivers that would allow the Iranian government or Iranian persons to access certain accounts. Additionally, the bill requires a report on Iranian internet censorship and a strategy to counter it, and it expresses the sense of Congress that U.S. allies in the Middle East should condemn the antisemitism of Iranian-backed terrorist groups.
Committee Categories
Government Affairs, Military Affairs and Security
Sponsors (35)
Michael McCaul (R)*,
Jim Baird (R),
Andy Barr (R),
Ken Buck (R),
Tim Burchett (R),
Monica De La Cruz (R),
Brian Fitzpatrick (R),
Jenniffer González (R),
Mark Green (R),
Brett Guthrie (R),
Erin Houchin (R),
Bill Huizenga (R),
Darrell Issa (R),
Ronny Jackson (R),
John James (R),
Dusty Johnson (R),
Tom Kean (R),
Kevin Kiley (R),
Young Kim (R),
Mike Lawler (R),
Brian Mast (R),
Richard McCormick (R),
Cathy McMorris Rodgers (R),
Cory Mills (R),
John Moolenaar (R),
Nathaniel Moran (R),
Amata Radewagen (R),
María Salazar (R),
Steve Scalise (R),
Keith Self (R),
Chris Smith (R),
Elise Stefanik (R),
Ann Wagner (R),
Michael Waltz (R),
Joe Wilson (R),
Last Action
Received in the Senate and Read twice and referred to the Committee on Foreign Relations. (on 12/04/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/5961/all-info |
| BillText | https://www.congress.gov/118/bills/hr5961/BILLS-118hr5961eh.pdf |
| BillText | https://www.congress.gov/118/bills/hr5961/BILLS-118hr5961rh.pdf |
| BillText | https://www.congress.gov/118/bills/hr5961/BILLS-118hr5961ih.pdf |
Loading...