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Introduced

SB3049: Revoke Iranian Funding Act of 2023

: Tim Scott (R-US) : May 25, 2026 Updated: Oct 26, 2023
International affairs
Bill ProgressIntroduced
  1. 1Introduced (current step)
  2. 2Passed One Chamber
  3. 3Passed Both Chambers
  4. 4Became Law

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Bill information

Summary

A bill to freeze $6,000,000,000 of Iranian funds held in Qatar, and for other purposes.

Plain-language summary

This bill would freeze $6 billion in Iranian money currently held in Qatar, preventing Iran from accessing those funds. The bill is sponsored by 29 senators from both parties and deals with international financial matters related to Iran. Freezing means the money would be legally blocked from use or transfer. The bill was recently introduced in the Senate and has not yet been voted on or sent to .

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SB3049: Revoke Iranian Funding Act of 2023

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