0
0
0
No Funds for Iranian Terrorism Act
12/15/2023, 4:03 PM
Congressional Summary of HR 5961
No Funds for Iranian Terrorism Act
This bill requires the President to impose property-blocking sanctions on foreign financial institutions and international financial institutions that process, participate in, or facilitate a transaction involving certain Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran).
Read the Full Bill
Current Status of Bill HR 5961
Bill HR 5961 is currently in the status of Bill Introduced since October 16, 2023. Bill HR 5961 was introduced during Congress 118 and was introduced to the House on October 16, 2023. Bill HR 5961's most recent activity was Received in the Senate and Read twice and referred to the Committee on Foreign Relations. as of December 4, 2023
Bipartisan Support of Bill HR 5961
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
34Democrat Cosponsors
0Republican Cosponsors
34Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5961
Primary Policy Focus
Potential Impact Areas
- Asia
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Congressional oversight
- Detention of persons
- Foreign and international banking
- Foreign property
- International Affairs
- Iran
- Middle East
- Presidents and presidential powers, Vice Presidents
- Qatar
- Sanctions
- South Korea
Alternate Title(s) of Bill HR 5961
No Funds for Iranian Terrorism Act
No Funds for Iranian Terrorism Act
No Funds for Iranian Terrorism Act
No Funds for Iranian Terrorism Act
To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
Comments
Sponsors and Cosponsors of HR 5961
Latest Bills
Celebrating the 75th anniversary of the International Hearing Society.
Bill HRES 1214April 27, 2026
SERVE Act
Bill HR 8421April 27, 2026
Veterans Legal Support Act of 2026
Bill HR 8420April 27, 2026
ZOMBIE Act
Bill HR 8467April 27, 2026
Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2027, and for other purposes.
Bill HR 8469April 27, 2026
Neighborhood Tree Act of 2026
Bill HR 8474April 27, 2026
Earn it First Act of 2026
Bill HR 8388April 27, 2026
Expressing the sense of the House of Representatives in support of the International Atomic Energy Agency's (IAEA) nuclear security role.
Bill HRES 1210April 27, 2026
Commending the Holy See for its enduring diplomatic relationship with Taiwan and affirming the support of Congress for the continued preservation of the Vatican-Taiwan diplomatic relationship.
Bill HRES 1215April 27, 2026
To prohibit the manufacture and conveyance of certain products for children that incorporate an artificial intelligence chatbot, and for other purposes.
Bill HR 8382April 27, 2026
Providing for consideration of the bill (H.R. 5283) to prohibit the use of Federal funds to provide housing to specified aliens on any land under the administrative jurisdiction of the Federal land management agencies; providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes; and providing for consideration of the joint resolution (S. J. Res. 32) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
Bill HRES 891January 22, 2024
Providing for consideration of the bill (H.R. 5893) making appropriations for the Departments of Commerce and Justice, Science, and Related Agencies for the fiscal year ending September 30, 2024, and for other purposes, and providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
Bill HRES 869December 15, 2023