H.R. 6323 explained · 118th Congress · Not enacted (118th Congress ended)
Iran Counterterrorism Act of 2023
Cosponsors: 4 (1 D, 3 R) · per Congress.gov, 2026-10-12
Introduced: 2023-11-09
Latest action (2024-04-18): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What H.R. 6323 does, in plain terms
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.
Official summary by the Congressional Research Service, via Congress.gov.
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