This bill requires a comprehensive review of existing financial measures related to Syria, specifically mandating the Director of the Financial Crimes Enforcement Network to evaluate the impact of exceptive relief granted to the Commercial Bank of Syria . This evaluation will assess whether such relief advanced U.S. national security or foreign policy objectives, and will include a recommendation on its continuation or revision. Furthermore, the legislation directs the Secretary of the Treasury to instruct U.S. Executive Directors at the International Monetary Fund and World Bank to advocate for improved data reporting, economic monitoring, and technical assistance for Syria. This assistance would focus on strengthening anti-money laundering , non-proliferation, and anti-corruption measures, consistent with international standards, and developing a strategy for economic growth. These provisions are set to sunset two years after the bill's enactment. The bill also significantly modifies the Caesar Syria Civilian Protection Act of 2019 by updating the conditions under which sanctions can be lifted. It removes time limits on certain criteria and adds new requirements, such as verifiable steps to combat illicit Captagon proliferation and an end to targeting religious minorities. Additionally, the legislation revises the sunset provision for the Caesar Act, tying its expiration to either Syria meeting specific criteria for two consecutive years or December 31, 2029.
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 23.
Committee Consideration and Mark-up Session Held
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 23.
Committee Consideration and Mark-up Session Held
International Affairs
Arms control and nonproliferationAviation and airportsCongressional oversightDetention of personsDrug trafficking and controlled substancesEconomic developmentFirearms and explosivesForeign aid and international reliefForeign and international bankingForeign propertyFraud offenses and financial crimesGovernment ethics and transparency, public corruptionGovernment lending and loan guaranteesHuman rightsInternational monetary system and foreign exchangeInternational organizations and cooperationMiddle EastMultilateral development programsReligionSanctionsSovereignty, recognition, national governance and statusSyriaTrade restrictions
Syria Sanctions Accountability Act of 2025
USA119th CongressHR-4427| House
| Updated: 7/22/2025
This bill requires a comprehensive review of existing financial measures related to Syria, specifically mandating the Director of the Financial Crimes Enforcement Network to evaluate the impact of exceptive relief granted to the Commercial Bank of Syria . This evaluation will assess whether such relief advanced U.S. national security or foreign policy objectives, and will include a recommendation on its continuation or revision. Furthermore, the legislation directs the Secretary of the Treasury to instruct U.S. Executive Directors at the International Monetary Fund and World Bank to advocate for improved data reporting, economic monitoring, and technical assistance for Syria. This assistance would focus on strengthening anti-money laundering , non-proliferation, and anti-corruption measures, consistent with international standards, and developing a strategy for economic growth. These provisions are set to sunset two years after the bill's enactment. The bill also significantly modifies the Caesar Syria Civilian Protection Act of 2019 by updating the conditions under which sanctions can be lifted. It removes time limits on certain criteria and adds new requirements, such as verifiable steps to combat illicit Captagon proliferation and an end to targeting religious minorities. Additionally, the legislation revises the sunset provision for the Caesar Act, tying its expiration to either Syria meeting specific criteria for two consecutive years or December 31, 2029.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 23.
Committee Consideration and Mark-up Session Held
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 23.
Arms control and nonproliferationAviation and airportsCongressional oversightDetention of personsDrug trafficking and controlled substancesEconomic developmentFirearms and explosivesForeign aid and international reliefForeign and international bankingForeign propertyFraud offenses and financial crimesGovernment ethics and transparency, public corruptionGovernment lending and loan guaranteesHuman rightsInternational monetary system and foreign exchangeInternational organizations and cooperationMiddle EastMultilateral development programsReligionSanctionsSovereignty, recognition, national governance and statusSyriaTrade restrictions