Legislation· Apr 2024Sponsored by Michael Lawler (R)
Iran-China Energy Sanctions Act of 2023
Would have barred US banks from certain accounts with Chinese banks that buy Iranian oil.
Tradeoff
Would have required US banks to stop opening or keeping certain accounts with Chinese banks tied to Iranian oil. Would also have reached foreign banks that buy Iranian drone parts.
What's in it
The House passed this 383-11 on April 15, 2024. The Senate never voted on it before the Congress ended, so the bill expired.
House
Introduced
(Oct 11, 2023)
House
Committee on Financial Services(Oct 25, 2023)
House
The Committee on Financial Services voted to send it to the floor
Reported 47 - 0(Nov 14, 2023)
Committee report H. Rept. 118-333.
House
On Motion to and Pass, as Amended
Passed(Roll #122 · Apr 15, 2024)
383 yeanay 11Senate
Received from the House
on Banking, Housing, and Urban Affairs(Apr 16, 2024)
- Josh Gottheimer (D-NJ)
- Byron Donalds (R-FL)
- Barry Loudermilk (R-GA)
- Scott Fitzgerald (R-WI)
- Bill Huizenga (R-MI)
- Andrew R. Garbarino (R-NY)
- Monica De La Cruz (R-TX)
- Rudy Yakym (R-IN)
- Pete Sessions (R-TX)
- Andy Barr (R-KY)
Passage votes· Apr 15, 2024· 118th Congress · 2023–2025