Us Congress 2023-2024 Regular Session

Us Congress House Bill HB6000

Introduced
10/19/23  
Refer
10/25/23  

Caption

Revoke Iranian Funding Act of 2023

Impact

The enactment of HB6000 would lead to a rescission of existing licenses and waivers that allowed access to these Iranian funds, impacting current and future financial arrangements made under the premise of humanitarian assistance. By mandating that the Secretary of the Treasury rescind licenses traditionally provided for Iranian accounts in Qatar, the bill seeks to tighten restrictions on Iran and reinforces the U.S. stance against releasing funds that could fund terrorism. This could lead to a reevaluation of how humanitarian aid is structured and delivered in contexts involving nations listed as state sponsors of terrorism.

Summary

House Bill 6000, known as the Revoke Iranian Funding Act of 2023, aims to freeze $6 billion in Iranian funds held in Qatar. This legislative action is set against a backdrop of growing concerns regarding Iran's role as a state sponsor of terrorism, particularly in relation to Hamas and its recent violent actions against Israel. The bill emphasizes the belief that any release of funds, even for humanitarian purposes, could ultimately support terrorist activities, thus prompting the U.S. government to act to restrict Iran's access to its financial resources.

Contention

The proposal is likely to face contention not only from advocates of humanitarian aid but also from international community stakeholders who might argue that the freeze on funds impairs necessary medical or humanitarian support for the Iranian populace. Critics could raise concerns that the broad approach to freezing funds may overlook the potential humanitarian needs within Iran, thereby exacerbating civilian hardship without sufficiently deterring state-supported terrorism. This debate underscores the complex intersection of national security and humanitarian efforts in U.S. foreign policy.

Companion Bills

US SB3049

Same As Revoke Iranian Funding Act of 2023

US SB3061

Related A bill to revoke the waiver determination submitted to Congress on September 11, 2023, with respect to certain sanctions imposed with respect to Iran.

US HB6017

Related To revoke the waiver determination submitted to Congress on September 11, 2023, with respect to certain sanctions imposed with respect to Iran.

Similar Bills

No similar bills found.