I 
118TH CONGRESS 
1ST SESSION H. R. 5921 
To prohibit the Secretary of the Treasury from authorizing certain trans-
actions by a United States financial institution in connection with Iran, 
to prevent the International Monetary Fund from providing financial 
assistance to Iran, to codify prohibitions on Export-Import Bank financ-
ing for the Government of Iran, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 11, 2023 
Mr. HUIZENGA (for himself, Mrs. WAGNER, Mr. MEUSER, Mr. POSEY, Mr. 
NUNN
of Iowa, Mr. LOUDERMILK, Mr. WILLIAMS
of Texas, Mr. 
RESCHENTHALER, Mr. MCCORMICK, Ms. SALAZAR, Mr. FEENSTRA, Mr. 
LUETKEMEYER, Mr. SCOTT FRANKLIN of Florida, Mr. SMITH of New 
Jersey, Mr. JAMES, Mr. SELF, Mr. RUTHERFORD, Mr. BARR, and Mr. 
OGLES) introduced the following bill 
OCTOBER 25, 2023 
Referred to the Committee on Financial Services 
A BILL 
To prohibit the Secretary of the Treasury from authorizing 
certain transactions by a United States financial institu-
tion in connection with Iran, to prevent the International 
Monetary Fund from providing financial assistance to 
Iran, to codify prohibitions on Export-Import Bank fi-
nancing for the Government of Iran, and for other pur-
poses. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘No U.S. Financing 
for Iran Act of 2023’’. 
SEC. 2. PROHIBITION ON AUTHORIZATIONS FOR UNITED 
STATES FINANCIAL INSTITUTIONS. 
The Secretary of the Treasury may not authorize a 
transaction by a U.S. financial institution (as defined in 
section 561.309 of title 31, Code of Federal Regulations) 
in connection with the importation from or exportation to 
the Islamic Republic of Iran of any goods, services, or 
technology, other than the sale of agricultural commod-
ities, food, medicine, or medical devices benefitting the ci-
vilian population of Iran. 
SEC. 3. OPPOSITION TO INTERNATIONAL MONETARY FUND 
ASSISTANCE. 
The Secretary of the Treasury shall instruct the 
United States Executive Director at the International 
Monetary Fund to— 
(1) oppose the provision of financial assistance 
by the Fund to the Islamic Republic of Iran, and the 
allocation to the Government of Iran of Special 
Drawing Rights; and 
(2) seek to ensure that member countries of the 
Fund prohibit the exchange of Special Drawing 
Rights held by the Government of Iran. 
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SEC. 4. CODIFICATION OF EXPORT-IMPORT BANK PROHIBI-
TION WITH RESPECT TO IRAN. 
Section 2(b) of the Export-Import Bank Act of 1945 
(12 U.S.C. 635(b)) is amended by adding at the end the 
following: 
‘‘(14) 
PROHIBITION
ON
FINANCING
FOR 
IRAN.—The Bank may not guarantee, insure, or ex-
tend (or participate in an extension of) credit in con-
nection with any transaction, with respect to which 
credit assistance from the Bank is first sought after 
the effective date of this paragraph, for which a 
lender or obligor is the Government of Iran or an 
entity owned or controlled by the Government of 
Iran.’’. 
SEC. 5. SUNSET. 
This Act and the amendment made by this Act are 
hereby repealed effective on the earliest of— 
(1) the date that is 30 days after the date the 
President of the United States certifies to the Con-
gress that the Government of Iran— 
(A) has ceased providing support for acts 
of international terrorism; and 
(B) is not a jurisdiction of primary money 
laundering concern, as described under section 
5318A of title 31, United States Code; or 
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(2) 10 years after the date of the enactment of 
this Act. 
Æ 
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