Holding Iranian Leaders Accountable Act of 2023

5/3/2024, 2:07 PM

Holding Iranian Leaders Accountable Act of 2023

This bill requires the President to report on the estimated total funds held in domestic and international financial institutions by certain Iranian leaders. The bill also requires U.S. financial institutions to close reported accounts and the Department of the Treasury to seek the closure of such accounts in foreign financial institutions. Activities related to authorized U.S. intelligence activities, U.S. obligations in hosting the United Nations, or humanitarian assistance are exempt.

Congress
118
Number
HR - 6245
Introduced on
2023-11-06
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

4/17/2024
Text
PDF
XML

Status of Legislation

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

Purpose and Summary

Holding Iranian Leaders Accountable Act of 2023

This bill requires the President to report on the estimated total funds held in domestic and international financial institutions by certain Iranian leaders. The bill also requires U.S. financial institutions to close reported accounts and the Department of the Treasury to seek the closure of such accounts in foreign financial institutions. Activities related to authorized U.S. intelligence activities, U.S. obligations in hosting the United Nations, or humanitarian assistance are exempt.

Alternative Names
Official Title as IntroducedTo require the Secretary of the Treasury to report on financial institutions' involvement with officials of the Iranian Government, and for other purposes.
Policy Areas
International Affairs
Potential Impact
Bank accounts, deposits, capital•
Congressional oversight•
Diplomacy, foreign officials, Americans abroad•
Foreign and international banking•
Fraud offenses and financial crimes•
Government ethics and transparency, public corruption•
Government information and archives•
Iran•
Middle East•
Sanctions•
Terrorism

Comments

Related

Member:  Monica De La Cruz
Bill Update Alert:  Holding Iranian Leaders Accountable Act of 2023

Recent Activity

Latest Summary4/17/2024

Holding Iranian Leaders Accountable Act of 2023

This bill requires the President to report on the estimated total funds held in domestic a...

Latest Action4/17/2024
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.