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Iran-China Energy Sanctions Act of 2023
5/3/2024, 2:06 PM
Congressional Summary of HR 5923
Iran-China Energy Sanctions Act of 2023
This bill requires the President to periodically determine whether any Chinese financial institution has engaged in the purchase of petroleum or petroleum products from Iran. U.S. financial institutions shall not open or maintain certain accounts with such Chinese financial institutions.
Read the Full Bill
Current Status of Bill HR 5923
Bill HR 5923 is currently in the status of Bill Introduced since October 11, 2023. Bill HR 5923 was introduced during Congress 118 and was introduced to the House on October 11, 2023. Bill HR 5923's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 16, 2024
Bipartisan Support of Bill HR 5923
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
1Republican Cosponsors
9Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5923
Primary Policy Focus
International AffairsPotential Impact Areas
- Asia
- China
- Congressional oversight
- Foreign property
- Iran
- Middle East
- Oil and gas
- Sanctions
Alternate Title(s) of Bill HR 5923
Iran-China Energy Sanctions Act of 2023
Iran-China Energy Sanctions Act of 2023
To impose restrictions on correspondent and payable-through accounts in the United States with respect to Chinese financial institutions that conduct transactions involving the purchase of petroleum or petroleum products from Iran.
Iran-China Energy Sanctions Act of 2023
Iran-China Energy Sanctions Act of 2023
Comments
Sponsors and Cosponsors of HR 5923
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