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Iran Counterterrorism Act of 2023
4/19/2024, 6:11 AM
Congressional Summary of HR 6323
Iran Counterterrorism Act of 2023
This bill modifies the authority of the President to waive restrictions on certain U.S. accounts of foreign financial institutions that have facilitated significant financial transactions on behalf of the Central Bank of Iran, certain Iranian financial institutions, or certain Iranian nationals.
Current law authorizes the President to waive these restrictions for national security purposes. Under this bill, the President may also waive the restrictions if the President determines that Iran has ceased to provide support for acts of international terrorism.
The bill also authorizes Congress to enact a joint resolution of disapproval to prevent the President from waiving the restrictions for national security purposes.
Read the Full Bill
Current Status of Bill HR 6323
Bill HR 6323 is currently in the status of Bill Introduced since November 9, 2023. Bill HR 6323 was introduced during Congress 118 and was introduced to the House on November 9, 2023. Bill HR 6323's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 18, 2024
Bipartisan Support of Bill HR 6323
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
1Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6323
Primary Policy Focus
International AffairsPotential Impact Areas
- Arms control and nonproliferation
- Congressional oversight
- Iran
- Legislative rules and procedure
- Middle East
- Presidents and presidential powers, Vice Presidents
- Sanctions
- Trade restrictions
- War and emergency powers
Alternate Title(s) of Bill HR 6323
Iran Counterterrorism Act of 2023
Iran Counterterrorism Act of 2023
To modify the availability of certain waiver authorities with respect to sanctions imposed with respect to the financial sector of Iran, and for other purposes.
Iran Counterterrorism Act of 2023
Comments
Sponsors and Cosponsors of HR 6323
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