IB 

Union Calendar No. 380 

118TH CONGRESS 

2D SESSION H. R. 6323 

[Report No. 118–458, Part I] 

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. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 9, 2023 

Mrs. KIM of California introduced the following bill; which was referred to the 

Committee on Financial Services, and in addition to the Committee on 

Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

APRIL 15, 2024 

Additional sponsors: Mr. BUCHANAN, Mr. MOSKOWITZ, Ms. TENNEY, and Mr. 

TIMMONS

APRIL 15, 2024 

Reported from the Committee on Financial Services with an amendment 

[Strike out all after the enacting clause and insert the part printed in italic] 

APRIL 15, 2024 

Committee on Foreign Affairs discharged; committed to the Committee of the 

Whole House on the State of the Union and ordered to be printed 

[For text of introduced bill, see copy of bill as introduced on November 9, 2023] 


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A BILL 

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. 


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1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Iran Counterterrorism 

5 Act of 2023’’. 

6 SEC. 2. MODIFICATION OF WAIVER AUTHORITIES WITH RE7 SPECT TO SANCTIONS IMPOSED WITH RE8 SPECT TO THE FINANCIAL SECTOR OF IRAN. 

9 (a) FY 2013 NDAA.—Section 1247 of the National 

10 Defense Authorization Act for Fiscal Year 2013 (22 U.S.C. 

11 8806) is amended as follows: 

12 (1) In subsection (f)(1)— 

13 (A) in subparagraph (A), by striking ‘‘de14 termines that such a waiver’’ and inserting the 

15 following: ‘‘determines that— 

16 ‘‘(i) the Government of Iran has ceased 

17 to provide support for acts of international 

18 terrorism; or 

19 ‘‘(ii) such a waiver’’; and 

20 (B) in subparagraph (B), by inserting ‘‘be21 fore issuing a waiver pursuant to subparagraph 

22 (A)(ii),’’ before ‘‘submits’’. 

23 (2) By adding at the end the following: 

24 ‘‘(g) PERIOD FOR REVIEW BY CONGRESS.— 


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1 ‘‘(1) IN GENERAL.—During the period of 30 cal2 endar days beginning on the date on which the Presi3 dent submits a report under subsection (f)(1)(B), the 

4 appropriate congressional committees should, as ap5 propriate, hold hearings and briefings and otherwise 

6 obtain information in order to fully review the report. 

7 ‘‘(2) EXCEPTION.—The period for congressional 

8 review under paragraph (1) of a report required to be 

9 submitted under subsection (f)(1)(B) shall be 60 cal10 endar days if the report is submitted on or after July 

11 10 and on or before September 7 in any calendar 

12 year. 

13 ‘‘(3) LIMITATION ON ACTIONS DURING INITIAL

14 CONGRESSIONAL REVIEW PERIOD.—Notwithstanding 

15 any other provision of law, during the period for con16 gressional review provided for under paragraph (1) of 

17 a report submitted under subsection (f)(1)(B) pro18 posing a waiver of the imposition of sanctions under 

19 subsection (a), including any additional period for 

20 such review as applicable under the exception pro21 vided in paragraph (2), the President may not issue 

22 the waiver unless a joint resolution of approval with 

23 respect to that waiver is enacted in accordance with 

24 subsection (h). 


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1 ‘‘(4) EFFECT OF ENACTMENT OF A JOINT RESO2 LUTION OF DISAPPROVAL.—Notwithstanding any 

3 other provision of law, if a joint resolution of dis4 approval relating to a report submitted under sub5 section (f)(1)(B) proposing an action described in 

6 subsection (f)(1)(A)(ii) is enacted in accordance with 

7 subsection (h), the President may not issue the waiv8 er. 

9 ‘‘(h) JOINT RESOLUTIONS OF DISAPPROVAL OR AP10 PROVAL DEFINED.—In this subsection: 

11 ‘‘(1) JOINT RESOLUTION OF APPROVAL.—The 

12 term ‘joint resolution of approval’ means only a joint 

13 resolution of either House of Congress— 

14 ‘‘(A) the title of which is as follows: ‘A joint 

15 resolution approving the President’s proposal to 

16 issue a waiver relating to the application of cer17 tain sanctions with respect to Iran.’; and 

18 ‘‘(B) the sole matter after the resolving 

19 clause of which is the following: ‘Congress ap20 proves of the issuance of a waiver relating to the 

21 application of sanctions imposed with respect to 

22 Iran proposed by the President in the report sub23 mitted to Congress under section 1247(f)(1)(B) of 

24 the National Defense Authorization Act for Fis25 cal Year 2013 on lllllll relating to 


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1 llllllll.’, with the first blank space 

2 being filled with the appropriate date and the 

3 second blank space being filled with a short de4 scription of the proposed waiver. 

5 ‘‘(2) JOINT RESOLUTION OF DISAPPROVAL.—The 

6 term ‘joint resolution of disapproval’ means only a 

7 joint resolution of either House of Congress— 

8 ‘‘(A) the title of which is as follows: ‘A joint 

9 resolution disapproving the President’s proposal 

10 to issue a waiver relating to the application of 

11 certain sanctions with respect to Iran.’; and 

12 ‘‘(B) the sole matter after the resolving 

13 clause of which is the following: ‘Congress dis14 approves of the issuance of a waiver relating to 

15 the application of sanctions imposed with respect 

16 to Iran proposed by the President in the report 

17 submitted to Congress under section 

18 1247(f)(1)(B) of the National Defense Authoriza19 tion Act for Fiscal Year 2013 on 

20 lllllll relating to 

21 llllllll.’, with the first blank space 

22 being filled with the appropriate date and the 

23 second blank space being filled with a short de24 scription of the proposed action. 


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1 ‘‘(3) INTRODUCTION.—During the period of 30 

2 calendar days provided for under subsection (g)(1), 

3 including any additional period as applicable under 

4 the exception provided in subsection (g)(2), a joint 

5 resolution of approval or joint resolution of dis6 approval may be introduced— 

7 ‘‘(A) in the House of Representatives, by the 

8 majority leader or the minority leader; and 

9 ‘‘(B) in the Senate, by the majority leader 

10 (or the majority leader’s designee) or the minor11 ity leader (or the minority leader’s designee). 

12 ‘‘(4) FLOOR CONSIDERATION IN HOUSE OF REP13 RESENTATIVES.—If a committee of the House of Rep14 resentatives to which a joint resolution of approval or 

15 joint resolution of disapproval has been referred has 

16 not reported the joint resolution within 10 calendar 

17 days after the date of referral, that committee shall be 

18 discharged from further consideration of the joint res19 olution. 

20 ‘‘(5) CONSIDERATION IN THE SENATE.— 

21 ‘‘(A) COMMITTEE REFERRAL.—A joint reso22 lution of approval or joint resolution of dis23 approval introduced in the Senate shall be re24 ferred to the Committee on Banking, Housing, 

25 and Urban Affairs. 


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1 ‘‘(B) REPORTING AND DISCHARGE.—If the 

2 committee to which a joint resolution of ap3 proval or joint resolution of disapproval was re4 ferred has not reported the joint resolution with5 in 10 calendar days after the date of referral of 

6 the joint resolution, that committee shall be dis7 charged from further consideration of the joint 

8 resolution and the joint resolution shall be placed 

9 on the appropriate calendar. 

10 ‘‘(C) PROCEEDING TO CONSIDERATION.— 

11 Notwithstanding Rule XXII of the Standing 

12 Rules of the Senate, it is in order at any time 

13 after the Committee on Banking, Housing, and 

14 Urban Affairs reports a joint resolution of ap15 proval or joint resolution of disapproval to the 

16 Senate or has been discharged from consideration 

17 of such a joint resolution (even though a previous 

18 motion to the same effect has been disagreed to) 

19 to move to proceed to the consideration of the 

20 joint resolution, and all points of order against 

21 the joint resolution (and against consideration of 

22 the joint resolution) are waived. The motion to 

23 proceed is not debatable. The motion is not sub24 ject to a motion to postpone. A motion to reconVerDate Sep 11 2014 00:47 Apr 16, 2024 Jkt 049200 PO 00000 Frm 00008 Fmt 6652 Sfmt 6203 E:\BILLS\H6323.RH H6323

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1 sider the vote by which the motion is agreed to 

2 or disagreed to shall not be in order. 

3 ‘‘(D) RULINGS OF THE CHAIR ON PROCE4 DURE.—Appeals from the decisions of the Chair 

5 relating to the application of the rules of the 

6 Senate, as the case may be, to the procedure re7 lating to a joint resolution of approval or joint 

8 resolution of disapproval shall be decided with9 out debate. 

10 ‘‘(E) CONSIDERATION OF VETO MES11 SAGES.—Debate in the Senate of any veto mes12 sage with respect to a joint resolution of ap13 proval or joint resolution of disapproval, includ14 ing all debatable motions and appeals in connec15 tion with the joint resolution, shall be limited to 

16 10 hours, to be equally divided between, and con17 trolled by, the majority leader and the minority 

18 leader or their designees. 

19 ‘‘(6) RULES RELATING TO SENATE AND HOUSE

20 OF REPRESENTATIVES.— 

21 ‘‘(A) TREATMENT OF SENATE JOINT RESO22 LUTION IN HOUSE.—In the House of Representa23 tives, the following procedures shall apply to a 

24 joint resolution of approval or a joint resolution 

25 of disapproval received from the Senate (unless 


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1 the House has already passed a joint resolution 

2 relating to the same proposed action): 

3 ‘‘(i) The joint resolution shall be re4 ferred to the Committee on Financial Serv5 ices. 

6 ‘‘(ii) If a committee to which a joint 

7 resolution has been referred has not reported 

8 the joint resolution within 2 calendar days 

9 after the date of referral, that committee 

10 shall be discharged from further consider11 ation of the joint resolution. 

12 ‘‘(iii) Beginning on the third legisla13 tive day after each committee to which a 

14 joint resolution has been referred reports the 

15 joint resolution to the House or has been 

16 discharged from further consideration there17 of, it shall be in order to move to proceed 

18 to consider the joint resolution in the 

19 House. All points of order against the mo20 tion are waived. Such a motion shall not be 

21 in order after the House has disposed of a 

22 motion to proceed on the joint resolution. 

23 The previous question shall be considered as 

24 ordered on the motion to its adoption with25 out intervening motion. The motion shall 


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1 not be debatable. A motion to reconsider the 

2 vote by which the motion is disposed of shall 

3 not be in order. 

4 ‘‘(iv) The joint resolution shall be con5 sidered as read. All points of order against 

6 the joint resolution and against its consid7 eration are waived. The previous question 

8 shall be considered as ordered on the joint 

9 resolution to final passage without inter10 vening motion except 2 hours of debate 

11 equally divided and controlled by the spon12 sor of the joint resolution (or a designee) 

13 and an opponent. A motion to reconsider 

14 the vote on passage of the joint resolution 

15 shall not be in order. 

16 ‘‘(B) TREATMENT OF HOUSE JOINT RESOLU17 TION IN SENATE.— 

18 ‘‘(i) If, before the passage by the Senate 

19 of a joint resolution of approval or joint 

20 resolution of disapproval, the Senate re21 ceives an identical joint resolution from the 

22 House of Representatives, the following pro23 cedures shall apply: 

24 ‘‘(I) That joint resolution shall 

25 not be referred to a committee. 


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1 ‘‘(II) With respect to that joint 

2 resolution— 

3 ‘‘(aa) the procedure in the 

4 Senate shall be the same as if no 

5 joint resolution had been received 

6 from the House of Representatives; 

7 but 

8 ‘‘(bb) the vote on passage 

9 shall be on the joint resolution 

10 from the House of Representatives. 

11 ‘‘(ii) If, following passage of a joint 

12 resolution of approval or joint resolution of 

13 disapproval in the Senate, the Senate re14 ceives an identical joint resolution from the 

15 House of Representatives, that joint resolu16 tion shall be placed on the appropriate Sen17 ate calendar. 

18 ‘‘(iii) If a joint resolution of approval 

19 or a joint resolution of disapproval is re20 ceived from the House, and no companion 

21 joint resolution has been introduced in the 

22 Senate, the Senate procedures under this 

23 subsection shall apply to the House joint 

24 resolution. 


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1 ‘‘(C) APPLICATION TO REVENUE MEAS2 URES.—The provisions of this paragraph shall 

3 not apply in the House of Representatives to a 

4 joint resolution of approval or joint resolution of 

5 disapproval that is a revenue measure. 

6 ‘‘(7) RULES OF HOUSE OF REPRESENTATIVES

7 AND SENATE.—This subsection is enacted by Con8 gress— 

9 ‘‘(A) as an exercise of the rulemaking power 

10 of the Senate and the House of Representatives, 

11 respectively, and as such is deemed a part of the 

12 rules of each House, respectively, and supersedes 

13 other rules only to the extent that it is incon14 sistent with such rules; and 

15 ‘‘(B) with full recognition of the constitu16 tional right of either House to change the rules 

17 (so far as relating to the procedure of that 

18 House) at any time, in the same manner, and 

19 to the same extent as in the case of any other 

20 rule of that House.’’. 

21 (b) FY 2012 NDAA.—Section 1245(d)(5) of the Na22 tional Defense Authorization Act for Fiscal Year 2012 (22 

23 U.S.C. 8513a(d)(5)) is amended as follows: 


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1 (1) In subparagraph (A), by striking ‘‘deter2 mines that such a waiver’’ and inserting the fol3 lowing: ‘‘determines that— 

4 ‘‘(i) the Government of Iran has ceased 

5 to provide support for acts of international 

6 terrorism; or 

7 ‘‘(ii) such a waiver’’. 

8 (2) In subparagraph (B), by inserting ‘‘before 

9 issuing a waiver pursuant to subparagraph (A)(ii),’’ 

10 before ‘‘submits’’. 

11 (3) By adding at the end the following: 

12 ‘‘The provisions relating to period for review by Con13 gress described in subsections (g) and (h) of section 

14 1247 of the National Defense Authorization Act for 

15 Fiscal Year 2013 (22 U.S.C. 8806) shall apply with 

16 respect to a report submitted under subparagraph (B) 

17 proposing a waiver of the imposition of sanctions 

18 under paragraph (1) in the same manner and to the 

19 same extent as such provisions apply with respect to 

20 a report submitted under subsection (f)(1)(B) of such 

21 section 1247 proposing a waiver of the imposition of 

22 sanctions under subsection (a) of such section.’’. 


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Union Calendar No. 380 

118TH CONGRESS 

2D SESSION H. R. 6323 

[Report No. 118–458, Part I] 

A BILL 

To modify the availability of certain waiver authoriother purposes. spect to the financial sector of Iran, and for ties with respect to sanctions imposed with reAPRIL 15, 2024 

Reported from the Committee on Financial Services with 

A

an amendment 

PRIL 15, 2024 

Committee on Foreign Affairs discharged; committed to 

Union and ordered to be printed the Committee of the Whole House on the State of the 


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