To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services. The main policy domain is Technology, Foreign Policy, Defense.
Who Benefits and How
technology companies and users of digital services may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, technology companies and users of digital services may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HCAA547C5EA9B457197F8CECDE68520D5: 1. Short title This Act may be cited as the No Funds for Iranian Terrorism Act.
- Section HB8E71EC43516403BA7D249D1AC637697: 2. Findings Congress makes the following findings: On October 7, 2023, Iran-backed Hamas terrorists launched a massive, unprovoked war on Israel by air, land,...
- Section HC87F2CFCE52345CD9258643F61FEC136: 3. Imposition of sanctions with respect to covered Iranian assets On and after the date of the enactment of this Act, the President shall impose the sanction...
- Section H357B574B39484752A9EAF88EB78E6DFB: 4. Sense of Congress It is the sense of Congress that the terrorist-funding, human rights-violating Iranian regime should receive no additional funds but that...
- Section H6491B683C96E4539BDB753466B9DAD00: 5. Limitation of applicability of certain licenses Notwithstanding any other provision of law, on and after the date of the enactment of this Act, the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services.
Key Policy Areas
Technology, Foreign Policy, Defense
Primary Purpose
This bill, To freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- technology companies and users of digital services
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- technology companies and users of digital services
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeReceived; read twice and referred to the Committee on Foreign …
Additional sponsors: Mrs. González-Colón, Mr. Green of Tennessee, Mr. Johnson …
Reported with an amendment and referred to the Committee on …
Committee on Financial Services discharged; committed to the Committee of …
Referred to the Committee on Foreign Affairs
Mr. McCaul (for himself, Mr. Scalise, Ms. Stefanik, Mr. Wilson …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology