Iranian Sanctions Enforcement Act of 2023

HR 6201, the Iranian Sanctions Enforcement Act of 2023, creates the Iran Sanctions Enforcement Fund to cover costs related to seizing and forfeiting property from Iran or its designated proxies (like Hezbollah or the Revolutionary Guard Corps) that violate U.S. sanctions. The fund, initially $150 million, pays for investigative costs, property management, informant rewards, and equipment for federal, state, and local agencies involved in enforcement. It also establishes an Export Enforcement Coordination Center within Homeland Security to improve interagency cooperation on enforcing export controls targeting Iran. The bill requires annual reports on fund usage and mandates repayment of the initial $150 million by 2034, unless waived for national security reasons.