H.R. 5923 · 118th Congress

Iran-China Energy Sanctions Act of 2023

Stage
Passed a chamber
Introduced
2023-10-11
Latest action
2024-04-16 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Iran-China Energy Sanctions Act of 2023

This bill requires the President to periodically determine whether any Chinese financial institution has engaged in the purchase of petroleum or petroleum products from Iran. U.S. financial institutions shall not open or maintain certain accounts with such Chinese financial institutions.