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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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Status:
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
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

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.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Security Economy