American Security Drone Act of 2023 This bill bans the procurement or use by the federal government of unmanned aircraft systems (UAS) that are manufactured or assembled by certain foreign entities, including entities subject to influence or control by China, with exceptions. The ban includes associated elements that enable the operator to operate the aircraft in the national airspace system. The Department of Homeland Security, the Department of Defense, the Office of the Director of National Intelligence, and the Department of Justice are exempt from the restriction under specified circumstances. The bill sets forth further exemptions regarding the Department of Transportation, the Federal Aviation Administration, the National Transportation Safety Board, and the National Oceanic Atmospheric Administration. All executive agencies must account for existing inventories of UAS manufactured or assembled by a covered foreign entity in their personal property accounting systems. The Federal Acquisition Regulatory Council shall prescribe regulations or guidance to implement this bill's requirements pertaining to federal contracts. Government-issued purchase cards may not be used to procure any UAS from a covered foreign entity. The Office of Management and Budget shall establish a government-wide policy for the procurement of UAS, taking into account information security. The Office of the Under Secretary of Defense for Acquisition and Sustainment must report to Congress on the supply chain for certain UAS. The bill terminates five years after enactment.