No U.S. Financing for Iran Act of 2023

Summary

No U.S. Financing for Iran Act of 2023 This bill prohibits certain actions related to exports, imports, and financing with respect to Iran. Specifically, the bill prohibits the Department of the Treasury from authorizing U.S. financial institution transactions in connection with the importation from or exportation to Iran of goods, services, or technology. This prohibition does not apply to the sale of agricultural commodities, food, medicine, or medical devices benefitting the civilian population of Iran. The bill requires Treasury to instruct U.S. representatives to the International Monetary Fund (IMF) to (1) oppose IMF financial assistance, and the allocation of Special Drawing Rights (SDR), to Iran; and (2) seek to ensure that IMF member countries prohibit the exchange of SDR held by Iran. (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Further, the bill provides statutory authority for the prohibition on Export-Import Bank financing with respect to Iran. The bill's provisions shall be in effect until the earlier of (1) 30 days after the President certifies to Congress that Iran has ceased providing support for acts of international terrorism and is not a jurisdiction of primary money laundering concern, or (2) 10 years after this bill's enactment.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 11 October 2023

   Introduced

   Introduced in House

   Source: IntroReferral

2. 11 October 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 October 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

4. 14 November 2023

   Vote

   Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 34 - 12.

   Source: Committee

5. 14 November 2023

   Committee

   Committee Consideration and Mark-up Session Held

   Source: Committee

6. 19 December 2023

   Calendars

   Placed on the Union Calendar, Calendar No. 271.

   Source: Calendars

7. 19 December 2023

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 118-332.

   Source: Committee

8. 19 December 2023

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 118-332.

   Source: Committee

9. 15 April 2024

   Passed

   Motion to reconsider laid on the table Agreed to without objection.

   Source: Floor

10. 15 April 2024

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 294 - 105 (Roll no. 123). (text: CR H2376)

    Source: Floor

11. 15 April 2024

    Vote

    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): 294 - 105 (Roll no. 123). (text: CR H2376)

    Source: Floor

12. 15 April 2024

    Floor

    Considered under suspension of the rules. (consideration: CR H2376-2378)

    Source: Floor

13. 15 April 2024

    Vote

    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.

    Source: Floor

14. 15 April 2024

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5921.

    Source: Floor

15. 15 April 2024

    Floor

    Mr. McHenry moved to suspend the rules and pass the bill, as amended.

    Source: Floor

16. 16 April 2024

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 16 April 2024 · Download file
• Engrossed in House · 15 April 2024 · Download file
• Reported in House · 19 December 2023 · Download file
• Introduced in House · 25 October 2023 · Download file

Documents

10 official files

• Referred in Senate (text)

  Referred in Senate · EN · 16 April 2024

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 16 April 2024

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• Engrossed in House (text)

  Engrossed in House · EN · 15 April 2024

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• Engrossed in House (PDF)

  Engrossed in House · EN · 15 April 2024

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• Reported in House (text)

  Reported in House · EN · 19 December 2023

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• Reported in House (PDF)

  Reported in House · EN · 19 December 2023

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• Reported to House

  summary · EN · 19 December 2023

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• Introduced in House (text)

  Introduced in House · EN · 25 October 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 25 October 2023

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• Introduced in House

  summary · EN · 11 October 2023

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Sponsors

• Rep. Huizenga, Bill [R-MI-4] · R · Sponsor
• Rep. Wagner, Ann [R-MO-2] · R · Sponsor
• Rep. Meuser, Daniel [R-PA-9] · R · Sponsor
• Rep. Posey, Bill [R-FL-8] · R · Sponsor
• Rep. Nunn, Zachary [R-IA-3] · R · Sponsor
• Rep. Loudermilk, Barry [R-GA-11] · R · Sponsor
• Rep. Williams, Roger [R-TX-25] · R · Sponsor
• Rep. Reschenthaler, Guy [R-PA-14] · R · Sponsor
• Rep. McCormick, Richard [R-GA-7] · R · Sponsor
• Rep. Salazar, Maria Elvira [R-FL-27] · R · Sponsor
• Rep. Feenstra, Randy [R-IA-4] · R · Sponsor
• Rep. Luetkemeyer, Blaine [R-MO-3] · R · Sponsor
• Rep. Franklin, Scott [R-FL-18] · R · Sponsor
• Rep. Smith, Christopher H. [R-NJ-4] · R · Sponsor
• Rep. James, John [R-MI-10] · R · Sponsor
• Rep. Self, Keith [R-TX-3] · R · Sponsor
• Rep. Rutherford, John H. [R-FL-5] · R · Sponsor
• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Ogles, Andrew [R-TN-5] · R · Sponsor
• Rep. Donalds, Byron [R-FL-19] · R · Cosponsor
• Rep. Smucker, Lloyd [R-PA-11] · R · Cosponsor
• Rep. Pfluger, August [R-TX-11] · R · Cosponsor
• Rep. Fry, Russell [R-SC-7] · R · Cosponsor
• Rep. Norman, Ralph [R-SC-5] · R · Cosponsor
• Rep. Langworthy, Nicholas A. [R-NY-23] · R · Cosponsor
• Rep. Murphy, Gregory F. [R-NC-3] · R · Cosponsor
• Rep. Smith, Adrian [R-NE-3] · R · Cosponsor
• Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
• Rep. De La Cruz, Monica [R-TX-15] · R · Cosponsor
• Rep. LaLota, Nick [R-NY-1] · R · Cosponsor
• Rep. Garbarino, Andrew R. [R-NY-2] · R · Cosponsor
• · ssbk00 · Standing
• · hsba00 · Standing

Related records

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