Iran-China Energy Sanctions Act of 2023: Overview, Impact, and Implications

Main Subject: International Affairs

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.

HR8038-118, HR815-118,

Senate Actions

IntroReferral
Apr. 16 2024	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

House floor actions Actions

Floor

Apr. 15
2024

Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 383 - 11 (Roll no. 122). (text: CR H2374)
Considered as unfinished business. (consideration: CR H2383-2384)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 5923.
Considered under suspension of the rules. (consideration: CR H2374-2376)
Mr. McHenry moved to suspend the rules and pass the bill, as amended.

Calendars
Dec. 19 2023	Placed on the Union Calendar, Calendar No. 272.

Committee
Dec. 19 2023	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-333.

IntroReferral
Oct. 25 2023	Referred to the House Committee on Financial Services.

Library of Congress Actions

Floor
Apr. 15 2024	Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 383 - 11 (Roll no. 122). (text: CR H2374)

Committee
Dec. 19 2023	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-333.

IntroReferral
Oct. 11 2023	Introduced in House Introduced in House

House committee actions Actions

Committee
Nov. 14 2023	Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0. Committee Consideration and Mark-up Session Held

House bill HR5923-118

Iran-China Energy Sanctions Act of 2023

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