Act to Freeze Iranian Funds and Combat Terrorism
This act aims to freeze Iranian funds involved in a hostage deal to prevent their use for terrorism financing. It imposes sanctions on foreign financial institutions that process these funds, potentially impacting international financial transactions. The act also emphasizes monitoring Iranian internet censorship and supporting free communication for Iranian citizens.
Key points
Freezing Iranian Funds: Financial assets previously intended for Iran under a hostage deal will be blocked to prevent their use by terrorist groups.
Sanctions on Banks: Foreign banks and financial institutions assisting Iran in accessing these frozen funds may face sanctions from the United States.
Support for Internet Freedom in Iran: The act mandates reporting on internet censorship in Iran and seeking ways to provide Iranians with communication tools to circumvent government surveillance.
No Terrorism Funding: No U.S. federal funds can be used to support Iran, aiming to limit its ability to finance terrorist groups.
72%
VOTING RESULTS
2023-11-30
For
307
Against
119
Abstain
1
Status:
Expired
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