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Freezing Iranian Funds in Qatar: Countering Terrorism Financing

This act aims to freeze $6 billion in Iranian funds held in Qatar to prevent their use for terrorism financing. Citizens may experience an indirect impact through enhanced national and international security, as the act seeks to limit Iran's ability to support terrorist groups like Hamas.
Key points
Freezing $6 billion of Iranian funds in Qatar, previously released for humanitarian purposes.
Rescinding all authorizations for Iran to access these funds, issued before the act's enactment.
Requiring the Secretary of the Treasury to report on all blocked Iranian assets and issued exemptions.
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Expired
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Additional Information
Print number: 118_HR_6000
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2023-10-25
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Revoke Iranian Funding Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6000.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-10-25.

What are the main provisions?

Key points include:

  • Freezing $6 billion of Iranian funds in Qatar, previously released for humanitarian purposes.
  • Rescinding all authorizations for Iran to access these funds, issued before the act's enactment.
  • Requiring the Secretary of the Treasury to report on all blocked Iranian assets and issued exemptions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Trade.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Security Economy