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H.R. 5923 118th Congress House

Iran-China Energy Sanctions Act of 2023

Official title: To impose restrictions on correspondent and payable-through accounts in the United States with respect to Chinese financial institutions that conduct transacti… Show full official titleShow less

Official title: To impose restrictions on correspondent and payable-through accounts in the United States with respect to Chinese financial institutions that conduct transactions involving the purchase of petroleum or petroleum products from Iran.

Introduced: November 15, 2023 Introduced by: Michael Lawler Republican · New York See on congress.gov
International Affairs AsiaChinaCongressional oversightForeign property
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IranMiddle EastOil and gasSanctions
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 2024
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 15, 2024
Motion to reconsider laid on the table Agreed to without objection.
Apr 15, 2024
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)
Apr 15, 2024
Considered as unfinished business. (consideration: CR H2383-2384)
Apr 15, 2024
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.
Apr 15, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 5923.
Apr 15, 2024
Considered under suspension of the rules. (consideration: CR H2374-2376)
Apr 15, 2024
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
Dec 19, 2023
Placed on the Union Calendar, Calendar No. 272.
Dec 19, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-333.
Nov 14, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0.
Nov 14, 2023
Committee Consideration and Mark-up Session Held
Oct 25, 2023
Referred to the House Committee on Financial Services.
Oct 11, 2023
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Apr 15, 2024 House · vote #122 On Motion to Suspend the Rules and Pass, as Amended Passed 383–11 See who voted →
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 Latest action April 16, 2024

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

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • HR 8038 21st Century Peace through Strength Act
  • HR 815 RELIEVE Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 10
All 10 Democratic 1 Republican 9
R
Barr, Andy
Kentucky · Nov 21, 2023
 R
Sessions, Pete
Texas · Nov 15, 2023
 R
Yakym, Rudy
Indiana · Nov 15, 2023
 R
De La Cruz, Monica
Texas · Nov 13, 2023
 R
Garbarino, Andrew R.
New York · Nov 13, 2023
 R
Fitzgerald, Scott
Wisconsin · Oct 13, 2023
 R
Huizenga, Bill
Michigan · Oct 13, 2023
 R
Donalds, Byron
Florida · Oct 11, 2023
 D
Gottheimer, Josh
New Jersey · Oct 11, 2023
 R
Loudermilk, Barry
Georgia · Oct 11, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5923: Iran-China Energy Sanctions Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5923/
MLA
"H.R. 5923: Iran-China Energy Sanctions Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5923/.
Bluebook (legal)
H.R. 5923, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5923/.
Markdown link
[H.R. 5923: Iran-China Energy Sanctions Act of 2023](https://openamerica.io/bill/118-HR-5923/)
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