HR 6323 - Iran Counterterrorism Act of 2023 - National Key Vote

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Title: Iran Counterterrorism Act of 2023

Vote Smart's Synopsis:

Vote to pass a bill that amends and 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.

Highlights:

  • Amends and 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 (Sec. 2).

  • Specifies that current law authorizes the President to waive these restrictions for national security purposes but 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 (Sec. 2).

  • Authorizes Congress to enact a joint resolution of disapproval to prevent the President from waiving the restrictions for national security purposes (Sec. 2).

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