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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6015 Referred in Senate (RFS)]

<DOC>
118th CONGRESS
  2d Session
                                H. R. 6015

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             April 17, 2024

Received; read twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 AN ACT

 
 To require the President to prevent the abuse of financial sanctions 
              exemptions by Iran, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Iran Sanctions Accountability Act of 
2023''.

SEC. 2. REGULATIONS REQUIRED.

    (a) In General.--Not later than 180 days after the date of the 
enactment of this section, the President shall issue regulations to 
ensure that each transaction described under section 1244(e) or 1247(c) 
of the National Defense Authorization Act for Fiscal Year 2013 (22 
U.S.C. 8803(e) or 8806(c)) or section 1245(d)(2) of the National 
Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) 
does not facilitate, directly or indirectly--
            (1) support for acts of international terrorism; or
            (2) the proliferation of weapons of mass destruction.
    (b) Report.--Beginning on the date that is 1 year after the date on 
which the President issues regulations pursuant to subsection (a), and 
every 2 years thereafter for 6 years, the President shall submit to the 
Congress a report that evaluates the efficacy of the regulations issued 
by the President pursuant to subsection (a).
    (c) Rule of Construction.--Nothing in section 1244(e) or 1247(c) of 
the National Defense Authorization Act for Fiscal Year 2013 (22 U.S.C. 
8803(e) or 8806(c)) or section 1245(d)(2) of the National Defense 
Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) may be 
construed to prohibit the imposition of sanctions with respect to a 
transaction if the President finds, consistent with the regulations 
issued pursuant to subsection (a), that such transaction would 
facilitate, directly or indirectly--
            (1) support for acts of international terrorism; or
            (2) the proliferation of weapons of mass destruction.
    (d) Voice and Vote.--
            (1) In general.--The Secretary of the Treasury shall 
        instruct the United States Executive Director at the World Bank 
        to use the voice and vote of the United States to oppose the 
        provision of financial assistance to the government of the 
        Islamic Republic of Iran.
            (2) Sunset.--This subsection shall have no force or effect 
        on the date that is the earlier of--
                    (A) the date that is 7 years after the date of the 
                enactment of this section;
                    (B) the date that is 30 days after the date that 
                the Secretary of the Treasury reports to Congress that 
                reasonable grounds do not exist for concluding that the 
                Islamic Republic of Iran is a jurisdiction of primary 
                money laundering concern; or
                    (C) the date that is 30 days after the date that 
                the President finds and reports to the Congress that 
                the government of Iran has ceased to provide support 
                for acts of international terrorism.

            Passed the House of Representatives April 16, 2024.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.
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