Iran-China Energy Sanctions Act of 2023

5/3/2024, 2:06 PM

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 in...

Congress
118
Number
HR - 5923
Introduced on
2023-10-11
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

4/16/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

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 in...

Alternative Names
Official Title as IntroducedTo 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.
Policy Areas
International Affairs
Potential Impact
Asia•
China•
Congressional oversight•
Foreign property•
Iran•
Middle East•
Oil and gas•
Sanctions

Comments

Related

Member:  Rudy Yakym III
Member:  Monica De La Cruz

Recent Activity

Latest Summary4/17/2024

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 in...

Latest Action4/16/2024
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.