HR5994-118

In Committee

To provide for full enforcement of oil sanctions against Iran, and for other purposes.

118th Congress Introduced Oct 19, 2023

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 provide for full enforcement of oil sanctions against Iran, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Government Operations, Finance.

Who Benefits and How

foreign governments, international partners, and aid recipients 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, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HE826FE8C5D1547D7BCC173CB2F6492BD: 1. Short title This Act may be cited as the No Funds for Iran-Backed Terror Act.
  • Section H1242D85487364C20AFF591F874F44B4A: 2. Full Enforcement of Oil Sanctions Against Iran The President shall make maximal use of sanctions authorities described in sections 1244, 1246, and 1247 of...
  • Section H2EC5FCF9FC3D48498517113EB25BC050: 3. Suspension of Waiver Authority on Escrow Accounts Created Pursuant to Certain Authorities The President may not exercise the waiver authority described in...
  • Section H2EFECE5A8E134E45B4400EC71332816E: 4. Reinstatement of Sanctions with Respect to Iranian Funds Formerly Held in Escrow in South Korea The waiver of sanctions, including any waiver subject to the...
  • Section HA7C22D4E04BC4327BE60B5A5B996BF0A: 5. Reinstatement of sanctions imposed with respect to Iranian funds formerly held in escrow in Iraq On the date of enactment of this Act, the following...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To provide for full enforcement of oil sanctions against Iran, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Government Operations, Finance

Primary Purpose

This bill, To provide for full enforcement of oil sanctions against Iran, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Government Operations Finance

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
foreign governments, international partners, and aid recipients: , ,
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,
foreign governments, international partners, and aid recipients: , ,

Legislative Progress

In Committee
Introduced Committee Passed
Oct 25, 2023

Referred to the Committee on Foreign Affairs, and in addition …

Oct 19, 2023

Mr. Issa introduced the following bill

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?

Domains
Foreign Policy Government Operations Finance
Actor Mappings
"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