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Home > Legislation > 118th Congress > H.R.6323

H.R.6323 - Iran Counterterrorism Act of 2023 118th Congress (2023-2024) |

Bill

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Sponsor: Rep. Kim, Young [R-CA-40] (Introduced 11/09/2023)
Committees: House - Financial Services; Foreign Affairs | Senate - Banking, Housing, and Urban Affairs
Committee Meetings: 11/14/23 10:00AM
Committee Reports: H. Rept. 118-458
Latest Action: Senate - 04/18/2024 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.  (All Actions)
Roll Call Votes: There has been 1 roll call vote
Tracker: Tip

This bill has the status Passed House

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • CBO Cost Estimates [1]

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Summary: H.R.6323 — 118th Congress (2023-2024) All Information (Except Text)

There is one summary for H.R.6323. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/09/2023)

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.