Iran Sanctions Accountability Act of 2023
This bill requires the President to issue regulations within 180 days to block U.S. financial transactions that support Iran's sanctioned entities, terrorism, or weapons of mass destruction proliferation. It mandates annual reports to Congress evaluating these regulations' effectiveness. The bill also directs the U.S. to oppose World Bank financial aid to Iran's government, though this provision expires after 7 years or if Iran stops supporting terrorism. It directly affects U.S. financial institutions, businesses, and entities engaging in transactions with Iran, ensuring compliance with existing sanctions.
Bill status
passed
3 of 5 stages cleared
Introduction
Oct 2023
Committee Review
Apr 2024
House Passage
Apr 2024
Senate Passage
President
Introduced Oct 20, 2023
Last action Apr 17, 2024
Floor votes · House Apr 16, 2024
How they voted
408–13
Passed · 10 other
Total votes 431
Apr 16, 2024
D
Democratic213
91% Yea
I
Independent1
100% Yea
R
Republican217
97% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
14
Key actions
3
Committee
4
Amendments
3
Apr 17, 2024
Committee
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
upper
Apr 16, 2024
Introduced
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)
lower
Apr 16, 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): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)
lower
Apr 15, 2024
Introduced
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
lower
Apr 15, 2024
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-460, Part I.
lower
Nov 14, 2023
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 50 - 0.
lower
Nov 14, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Oct 25, 2023
Committee
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Oct 20, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Blaine Luetkemeyer
RRepublican
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