Petroplex News

WASHINGTON, DC - In a significant move to combat terrorism, the House of Representatives has passed Amendment 6 to H.R. 5961, the No Funds for Iranian Terrorism Act. The amendment, introduced by Rep. August Pfluger of Texas, aims to freeze all sanctioned Iranian assets permanently, with no exceptions or waivers allowing the President to lift sanctions without an act of Congress.

Rep. Pfluger, speaking on the House Floor in support of his amendment, emphasized the urgent need to take action against the terrorist regime in Iran. He stated, "It is well known that Iran is the largest state-sponsor of terrorism... I am proud to strengthen this important bill by blocking all Iranian-sanctioned funds from being unfrozen and removing the President's ability to release such funds through the abuse of waiver or license authorities."

The passage of Rep. Pfluger's amendment marks a significant milestone, making H.R. 5961 the toughest Iran sanctions bill to ever pass the House. It comes in response to recent events, including the Biden Administration's waiver allowing Iraq to send $10 billion to Iran for electricity payments and the October 7th attack on Israel by Iran-backed Hamas terrorists.

Chairman Hern, who supports the amendment, expressed concern about loopholes and waivers that could ease sanctions on terrorists in Iran. He emphasized the importance of standing by Israel, stating, "Israel relies on our friendship not only in times of peace, but especially in times of hardship. This amendment is a tremendous step in the right direction, and shows that this Congress will stand by our ally Israel and hold the Biden Administration accountable to do the same."

The amendment includes provisions that require the permanent freezing of all Iranian sanctioned assets, including the $6 billion ransom payment in Qatar, and prohibit sanctions relief provided to Iraq, enabling it to send billions to Iran for electricity. It also prohibits the President from lifting sanctions on Iran through waivers, licenses, regulatory guidance, or the publication of Frequently Asked Questions.

This crucial amendment has garnered support from various outside groups, including FDD Action, the American Israel Public Affairs Committee (AIPAC), and the CUFI Action Fund. It has also received bipartisan support with co-sponsors such as Hern, Roy, Wilson, Clyde, Ogles, Weber, Duncan, Womack, and Bacon.

The passage of the Pfluger amendment reflects the determination of Congress to cut off funding sources to terrorists in Iran and sends a strong message to the international community about the United States' commitment to combating terrorism.

To learn more, click on this link: https://pfluger.house.gov/news/documentsingle.aspx?DocumentID=951