1. Short title This Act may be cited as the Iranian Sanctions Enforcement Act of 2023 . 2. Iran Sanctions Enforcement Fund (a) In general Not later than 15 days after the date of the enactment of this Act, there shall be established in the Treasury of the United States a fund, to be known as the Iran Sanctions Enforcement Fund (in this section referred to as the Fund ), to pay expenses relating to seizures and forfeitures of property made with respect to violations by Iran or a covered Iranian proxy of sanctions imposed by the United States. (b) Designation of Administrator Not later than 15 days after the date of the enactment of this Act, the Secretary of Homeland Security, in consultation with the Secretary of the Treasury, shall appoint an administrator for the Fund (in this section referred to as the Administrator ). (c) Expenditures from the Fund (1) In general The Administrator may authorize amounts from the Fund to be used, without further appropriation or fiscal year limitation, for payment of all proper expenses relating to a covered seizure or forfeiture, including the following: (A) Investigative costs incurred by a law enforcement agency of the Department of Homeland Security or the Department of Justice. (B) Expenses of detention, inventory, security, maintenance, advertisement, or disposal of the property seized or forfeited, and if condemned by a court and a bond for such costs was not given, the costs as taxed by the court. (C) Costs of— (i) contract services relating to a covered seizure or forfeiture; (ii) the employment of outside contractors to operate and manage properties seized or forfeited or to provide other specialized services necessary to dispose of such properties in an effort to maximize the return from such properties