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 H524542931F784544902C6D89FE91C5AC: 1. Short title This Act may be cited as the Holding Iranian Leaders Accountable Act of 2023.
- Section HDFDCD6457595402B8BE3A03049B3BEEA: 2. Findings The Congress finds the following: Iran is characterized by high levels of official and institutional corruption, and substantial involvement by...
- Section H64F3F7D836BC4FD59A0CCDFE606DE05C: 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 HA55BE5E870FF463E87A05456C6DF1698: 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 H68B712FFC35E4BF1ACE569F17B0EF9E5: 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.
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
Contextual inference, no direct clause citation- financial institutions, investors, and borrowers
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- financial institutions, investors, and borrowers
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
ReportedAdditional sponsors: Ms. De La Cruz and Mr. Sessions
Reported with an amendment, committed to the Committee of the …
Mr. Hill (for himself and Mr. Vargas) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Department of the Treasury, Executive Branch (President/Treasury), Iranian government
Positive-direction: U.S. intelligence agencies
Negative-direction: Department of the Treasury, Executive Branch (President/Treasury), Senior Iranian officials
Financial institutions, Financial institutions subject to the Act, Financial institutions with Iranian accounts
Positive-direction: Financial institutions subject to the Act
Negative-direction: Financial institutions with Iranian accounts, Foreign financial institutions, U.S. financial institutions
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