To require the Secretary of the Treasury to report on financial institutions’ involvement with officials of the Iranian Government, 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 require the Secretary of the Treasury to report on financial institutions’ involvement with officials of the Iranian Government, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers 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, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H096EBAE173644128867D43B505C4ADBB: 1. Short title This Act may be cited as the Holding Iranian Leaders Accountable Act of 2023.
- Section H657632E93B02423E912D44A3B334FB1C: 2. Findings The Congress finds the following: Iran is characterized by high levels of official and institutional corruption, and substantial involvement by...
- Section H4AF9D88A9A9E4CC38A482070A1685913: 3. Report on financial institutions and assets connected to certain Iranian officials Not later than 180 days after the date of the enactment of this Act, and...
- Section H8B8E243F752B4B1E8C7DE70FF3F9C693: 4. Restrictions on certain financial institutions Not later than the date that is 90 days after submitting a report described under section 3(a)(1), the...
- Section HFD6849922D604F1C80FFF0855F1E0595: 5. Exceptions for national security; implementation authority The following activities shall be exempt from requirements under sections 3 and 4: Any activity...
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 require the Secretary of the Treasury to report on financial institutions’ involvement with officials of the Iranian Government, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Foreign Policy, Government Operations
Primary Purpose
This bill, To require the Secretary of the Treasury to report on financial institutions’ involvement with officials of the Iranian Government, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Hill (for himself and Mr. Vargas) introduced the following …
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
Key Definitions
Terms defined in this bill
a United States financial institution or a foreign financial institution. The term foreign financial institution has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations. The term funds means— cash
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