Iran Sanctions Accountability Act of 2023
This bill requires the President to issue regulations to ensure that transactions exempted from sanctions on Iran for humanitarian purposes do not facilitate (1) the purchase of goods or services involving a person designated for imposition of sanctions, (2) support for acts of international terrorism, or (3) the proliferation of weapons of mass destruction. The bill also directs the Department of the Treasury to instruct the U.S. Executive Director at the World Bank to oppose providing financial assistance to Iran.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6015 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 6015
To require the President to prevent the abuse of financial sanctions
exemptions by Iran, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 20, 2023
Mr. Luetkemeyer introduced the following bill
October 25, 2023
Referred to the Committee on Foreign Affairs, and in addition to the
Committees on Financial Services, Oversight and Accountability, and
Ways and Means, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall
within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To require the President to prevent the abuse of financial sanctions
exemptions by Iran, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Iran Sanctions Accountability Act of
2023''.
SEC. 2. REGULATIONS REQUIRED.
(a) In General.--Not later than 180 days after the date of the
enactment of this section, the President shall issue regulations to
ensure that each transaction described under sections 8803(e), 8806(c),
or 8513a(d)(2) of title 22 of the United States Code does not
facilitate, directly or indirectly--
(1) the purchase of goods or services involving a person
designated for the imposition of sanctions pursuant to the
International Emergency Economic Powers Act (50 U.S.C. 1701 et
seq.);
(2) support for acts of international terrorism; or
(3) the proliferation of weapons of mass destruction.
(b) Report.--Beginning on the date that is 1 year after the date on
which the President issues regulations pursuant to subsection (a), and
each year thereafter, the President shall submit to the Congress a
report that evaluates the efficacy of the regulations issued by the
President pursuant to subsection (a).
(c) Rule of Construction.--Nothing in sections 8803(e), 8806(c), or
8513a(d)(2) of title 22, United States Code may be construed to
prohibit the imposition of sanctions with respect to a transaction if
the President finds, consistent with the regulations issued pursuant to
paragraph (1), that such transaction would facilitate, directly or
indirectly--
(1) the purchase of goods or services involving a person
designated for the imposition of sanctions pursuant to the
International Emergency Economic Powers Act (50 U.S.C. 1701 et
seq.);
(2) support for acts of international terrorism; or
(3) the proliferation of weapons of mass destruction.
(d) Voice and Vote.--
(1) In general.--The Secretary of the Treasury shall
instruct the United States Executive Director at the World Bank
to use the voice and vote of the United States to oppose the
provision of financial assistance to the government of the
Islamic Republic of Iran.
(2) Sunset.--This subsection shall have no force or effect
on the date that is the earlier of--
(A) the date that is 7 years after the date of the
enactment of this section; or
(B) the date that is 30 days after the President
finds and reports to the Congress that the government
of Iran has ceased to provide support for acts of
international terrorism.
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Introduced in House
Introduced in House
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committee Consideration and Mark-up Session Held
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 50 - 0.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 118-460, Part I.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-460, Part I.
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2380-2382)
DEBATE - The House proceeded with forty minutes of debate on H.R. 6015.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H2416)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)
Roll Call #127 (House)On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)
Roll Call #127 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.