No Funds for Iranian Terrorism Act
Last action on Nov 7, 2025Referred to the House Committee on Financial Services.
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Summary
No Funds for Iranian Terrorism Act
This bill requires the President to impose property-blocking sanctions on foreign financial institutions and international financial institutions that process, participate in, or facilitate a transaction involving certain Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran).
Lifecycle of the Bill
Introduced in House
Nov 7, 2025
Introduced in House
Nov 7, 2025
Referred to the House Committee on Financial Services.
Nov 7, 2025
