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.

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
1
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6323

Primary Policy Focus

International Affairs

Potential Impact Areas

Arms control and nonproliferationCongressional oversightIranLegislative rules and procedureMiddle EastPresidents and presidential powers, Vice PresidentsSanctionsTrade restrictionsWar and emergency powers

Alternate Title(s) of Bill HR 6323

Iran Counterterrorism Act of 2023Iran Counterterrorism Act of 2023To 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
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Providing for consideration of the bill (H.R. 6323) 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; providing for consideration of the resolution (H. Res. 1143) condemning Iran's unprecedented drone and missile attack on Israel; providing for consideration of the bill (H.R. 4691) to provide for congressional review of actions to terminate or waive sanctions imposed with respect to Iran; providing for consideration of the bill (H.R. 5947) to provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes; providing for consideration of the bill (H.R. 6046) to designate Ansarallah as a foreign terrorist organization and impose certain sanctions on Ansarallah, and for other purposes; and providing for consideration of the bill (H.R. 4639) to amend section 2702 of title 18, United States Code, to prevent law enforcement and intelligence agencies from obtaining subscriber or customer records in exchange for anything of value, to address communications and records in the possession of intermediary internet service providers, and for other purposes.
Bill HRES 1149May 13, 2024