No U.S. Financing for Iran Act of 2023
HR 5921, the "No U.S. Financing for Iran Act of 2023," prohibits U.S. financial institutions from authorizing transactions related to Iran's imports or exports (excluding agricultural goods, food, medicine, and medical devices for civilians). It also requires the U.S. to oppose International Monetary Fund (IMF) financial aid to Iran and block Iran's access to IMF Special Drawing Rights. The bill amends the Export-Import Bank Act to ban U.S. financing for Iran's government or state-controlled entities. The law expires either 30 days after the President certifies Iran has stopped supporting international terrorism and is no longer a major money laundering concern, or 10 years from enactment.
Bill status
passed
3 of 5 stages cleared
Introduction
Oct 2023
Committee Review
Apr 2024
House Passage
Apr 2024
Senate Passage
President
Introduced Oct 11, 2023
Last action Apr 16, 2024
Floor votes · House Apr 15, 2024
How they voted
294–105
Passed · 32 other
Total votes 431
Apr 15, 2024
D
Democratic213
48% Nay
I
Independent1
100% Yea
R
Republican217
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
3
Committee
4
Amendments
3
Apr 16, 2024
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Apr 15, 2024
Introduced
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)
lower
Apr 15, 2024
Lower · Passed
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)
lower
Apr 15, 2024
Introduced
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
lower
Dec 19, 2023
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-332.
lower
Nov 14, 2023
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 34 - 12.
lower
Nov 14, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Oct 25, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Oct 11, 2023
Introduced
Introduced in House
lower
1 primary · 30 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Huizenga
RRepublican
Co
Adrian Smith
RRepublican
Co
Andrew Ogles
RRepublican
Co
Andrew R. Garbarino
RRepublican
Co
Andy Barr
RRepublican
Co
Ann Wagner
RRepublican
Co
August Pfluger
RRepublican
Co
Barry Loudermilk
RRepublican
Co
Bill Posey
RRepublican
Co
Blaine Luetkemeyer
RRepublican
Co
Byron Donalds
RRepublican
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