H.R. 5923 explained · 118th Congress · Not enacted (118th Congress ended)
Iran-China Energy Sanctions Act of 2023
Cosponsors: 10 (1 D, 9 R) · per Congress.gov, 2026-10-11
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.
What H.R. 5923 does, in plain terms
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.
Official summary by the Congressional Research Service, via Congress.gov.
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