No Funds for Iranian Terrorism Act
USA118th CongressHR-5961| House
| Updated: 12/4/2023
Michael T. McCaul
Republican Representative
Texas
Cosponsors (34)
Dusty Johnson (Republican)Elise M. Stefanik (Republican)Tim Burchett (Republican)Richard McCormick (Republican)Brett Guthrie (Republican)Keith Self (Republican)Young Kim (Republican)Ken Buck (Republican)John James (Republican)Nathaniel Moran (Republican)Michael Waltz (Republican)Maria Elvira Salazar (Republican)Thomas H. Kean (Republican)Steve Scalise (Republican)Ronny Jackson (Republican)Andy Barr (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)Joe Wilson (Republican)Ann Wagner (Republican)Brian J. Mast (Republican)John R. Moolenaar (Republican)Mark E. Green (Republican)Aumua Amata Coleman Radewagen (Republican)Brian K. Fitzpatrick (Republican)Bill Huizenga (Republican)Kevin Kiley (Republican)Monica De La Cruz (Republican)Michael Lawler (Republican)Jenniffer González-Colón (Republican)Erin Houchin (Republican)Cathy McMorris Rodgers (Republican)Cory Mills (Republican)
Foreign Affairs Committee, Foreign Relations Committee, Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
No Funds for Iranian Terrorism Act This bill requires the President to impose property-blocking sanctions on foreign financial institutions and international financial institutions that process, participate in, or facilitate a transaction involving certain Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran).
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Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 29 - 15.
Committee Consideration and Mark-up Session Held
Placed on the Union Calendar, Calendar No. 218.
Committee on Financial Services discharged.
Referred sequentially to the House Committee on Financial Services for a period ending not later than Nov. 9, 2023 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(h) of rule X.
Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 118-270, Part I.
Rules Committee Resolution H. Res. 869 Reported to House. Rule provides for consideration of H.R. 5893 and H.R. 5961. The resolution provides for consideration of H.R. 5893, under a structured rule with one hour of general debate and one motion to recommit. The resolution provides for consideration of H.R. 5961 under a closed rule with one hour of general debate and one motion to recommit.
Rule H. Res. 869 failed passage of House.
Rules Committee Resolution H. Res. 891 Reported to House. Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
Considered under the provisions of rule H. Res. 891. (consideration: CR H6000-6015; text: CR H6005-6006)
Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 891 and Rule XVIII.
The Speaker designated the Honorable Julia Letlow to act as Chairwoman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5961.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Fitzpatrick amendment No. 1.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Fitzpatrick amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Fitzpatrick demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Cherfilus-McCormick amendment No. 2.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Gottheimer amendment No. 3.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Norman amendment No. 4.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 5.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 5, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Ogles demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 6.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 6, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Ogles demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 7.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 8.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 8, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Mr. Ogles demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Pfluger amendment No. 9.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Pfluger amendment No. 9, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Mr. Meeks demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Porter amendment No. 10.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Porter amendment No. 10, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Ms. Porter demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Porter amendment No. 11.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson (IL) amendment No. 12.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson (IL) amendment No. 12, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Mr. Jackson (IL) demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Mr. Self moved that the committee rise.
On motion that the committee rise Agreed to by voice vote.
Committee of the Whole House on the state of the Union rises leaving H.R. 5961 as unfinished business.
Considered as unfinished business. (consideration: CR H6021-6027)
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 5961.
The previous question was ordered pursuant to the rule.
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
On passage Passed by the Yeas and Nays: 307 - 119, 1 Present (Roll no. 687).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 5961.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
International Affairs
AsiaBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightDetention of personsForeign and international bankingForeign propertyIranMiddle EastPresidents and presidential powers, Vice PresidentsQatarSanctionsSouth Korea
No Funds for Iranian Terrorism Act
USA118th CongressHR-5961| House
| Updated: 12/4/2023
No Funds for Iranian Terrorism Act This bill requires the President to impose property-blocking sanctions on foreign financial institutions and international financial institutions that process, participate in, or facilitate a transaction involving certain Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran).
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 29 - 15.
Committee Consideration and Mark-up Session Held
Placed on the Union Calendar, Calendar No. 218.
Committee on Financial Services discharged.
Referred sequentially to the House Committee on Financial Services for a period ending not later than Nov. 9, 2023 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(h) of rule X.
Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 118-270, Part I.
Rules Committee Resolution H. Res. 869 Reported to House. Rule provides for consideration of H.R. 5893 and H.R. 5961. The resolution provides for consideration of H.R. 5893, under a structured rule with one hour of general debate and one motion to recommit. The resolution provides for consideration of H.R. 5961 under a closed rule with one hour of general debate and one motion to recommit.
Rule H. Res. 869 failed passage of House.
Rules Committee Resolution H. Res. 891 Reported to House. Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
Considered under the provisions of rule H. Res. 891. (consideration: CR H6000-6015; text: CR H6005-6006)
Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 891 and Rule XVIII.
The Speaker designated the Honorable Julia Letlow to act as Chairwoman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5961.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Fitzpatrick amendment No. 1.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Fitzpatrick amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Fitzpatrick demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Cherfilus-McCormick amendment No. 2.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Gottheimer amendment No. 3.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Norman amendment No. 4.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 5.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 5, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Ogles demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 6.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 6, the Chair put the question on agreeing to the amendment and by voice vote announced that the ayes had prevailed. Mr. Ogles demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 7.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Ogles amendment No. 8.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Ogles amendment No. 8, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Mr. Ogles demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Pfluger amendment No. 9.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Pfluger amendment No. 9, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Mr. Meeks demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Porter amendment No. 10.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Porter amendment No. 10, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Ms. Porter demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Porter amendment No. 11.
DEBATE - Pursuant to the provisions of H. Res. 891, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson (IL) amendment No. 12.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson (IL) amendment No. 12, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Mr. Jackson (IL) demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Mr. Self moved that the committee rise.
On motion that the committee rise Agreed to by voice vote.
Committee of the Whole House on the state of the Union rises leaving H.R. 5961 as unfinished business.
Considered as unfinished business. (consideration: CR H6021-6027)
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 5961.
The previous question was ordered pursuant to the rule.
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
On passage Passed by the Yeas and Nays: 307 - 119, 1 Present (Roll no. 687).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 5961.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Michael T. McCaul
Republican Representative
Texas
Cosponsors (34)
Dusty Johnson (Republican)Elise M. Stefanik (Republican)Tim Burchett (Republican)Richard McCormick (Republican)Brett Guthrie (Republican)Keith Self (Republican)Young Kim (Republican)Ken Buck (Republican)John James (Republican)Nathaniel Moran (Republican)Michael Waltz (Republican)Maria Elvira Salazar (Republican)Thomas H. Kean (Republican)Steve Scalise (Republican)Ronny Jackson (Republican)Andy Barr (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)Joe Wilson (Republican)Ann Wagner (Republican)Brian J. Mast (Republican)John R. Moolenaar (Republican)Mark E. Green (Republican)Aumua Amata Coleman Radewagen (Republican)Brian K. Fitzpatrick (Republican)Bill Huizenga (Republican)Kevin Kiley (Republican)Monica De La Cruz (Republican)Michael Lawler (Republican)Jenniffer González-Colón (Republican)Erin Houchin (Republican)Cathy McMorris Rodgers (Republican)Cory Mills (Republican)
Foreign Affairs Committee, Foreign Relations Committee, Financial Services Committee
International Affairs
Related Bills
- HRES 118-869: Providing for consideration of the bill (H.R. 5893) making appropriations for the Departments of Commerce and Justice, Science, and Related Agencies for the fiscal year ending September 30, 2024, and for other purposes, and providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes.
- HRES 118-891: Providing for consideration of the bill (H.R. 5283) to prohibit the use of Federal funds to provide housing to specified aliens on any land under the administrative jurisdiction of the Federal land management agencies; providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes; and providing for consideration of the joint resolution (S. J. Res. 32) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
AsiaBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightDetention of personsForeign and international bankingForeign propertyIranMiddle EastPresidents and presidential powers, Vice PresidentsQatarSanctionsSouth Korea