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 sanc-
tions 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 Speak-
er, in each case for consideration of such provisions as fall within the ju-
risdiction 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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‘‘(4) EFFECT OF ENACTMENT OF A JOINT RESO-
LUTION
OF
DISAPPROVAL.—Notwithstanding 
any 
other provision of law, if a joint resolution of dis-
approval relating to a report submitted under sub-
section (f)(1)(B) proposing an action described in 
subsection (f)(1)(A)(ii) is enacted in accordance with 
subsection (h), the President may not issue the waiv-
er. 
‘‘(h) JOINT RESOLUTIONS OF DISAPPROVAL OR AP-
PROVAL DEFINED.—In this subsection: 
‘‘(1) JOINT
RESOLUTION
OF
APPROVAL.—The 
term ‘joint resolution of approval’ means only a joint 
resolution of either House of Congress— 
‘‘(A) the title of which is as follows: ‘A joint 
resolution approving the President’s proposal to 
issue a waiver relating to the application of cer-
tain sanctions with respect to Iran.’; and 
‘‘(B) the sole matter after the resolving 
clause of which is the following: ‘Congress ap-
proves of the issuance of a waiver relating to the 
application of sanctions imposed with respect to 
Iran proposed by the President in the report sub-
mitted to Congress under section 1247(f)(1)(B) of 
the National Defense Authorization Act for Fis-
cal Year 2013 on lllllll relating to 
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llllllll.’, with the first blank space 
being filled with the appropriate date and the 
second blank space being filled with a short de-
scription of the proposed waiver. 
‘‘(2) JOINT RESOLUTION OF DISAPPROVAL.—The 
term ‘joint resolution of disapproval’ means only a 
joint resolution of either House of Congress— 
‘‘(A) the title of which is as follows: ‘A joint 
resolution disapproving the President’s proposal 
to issue a waiver relating to the application of 
certain sanctions with respect to Iran.’; and 
‘‘(B) the sole matter after the resolving 
clause of which is the following: ‘Congress dis-
approves of the issuance of a waiver relating to 
the application of sanctions imposed with respect 
to Iran proposed by the President in the report 
submitted 
to 
Congress 
under 
section 
1247(f)(1)(B) of the National Defense Authoriza-
tion 
Act 
for 
Fiscal 
Year 
2013 
on 
lllllll 
relating 
to 
llllllll.’, with the first blank space 
being filled with the appropriate date and the 
second blank space being filled with a short de-
scription of the proposed action. 
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‘‘(3) INTRODUCTION.—During the period of 30 
calendar days provided for under subsection (g)(1), 
including any additional period as applicable under 
the exception provided in subsection (g)(2), a joint 
resolution of approval or joint resolution of dis-
approval may be introduced— 
‘‘(A) in the House of Representatives, by the 
majority leader or the minority leader; and 
‘‘(B) in the Senate, by the majority leader 
(or the majority leader’s designee) or the minor-
ity leader (or the minority leader’s designee). 
‘‘(4) FLOOR CONSIDERATION IN HOUSE OF REP-
RESENTATIVES.—If a committee of the House of Rep-
resentatives to which a joint resolution of approval or 
joint resolution of disapproval has been referred has 
not reported the joint resolution within 10 calendar 
days after the date of referral, that committee shall be 
discharged from further consideration of the joint res-
olution. 
‘‘(5) CONSIDERATION IN THE SENATE.— 
‘‘(A) COMMITTEE REFERRAL.—A joint reso-
lution of approval or joint resolution of dis-
approval introduced in the Senate shall be re-
ferred to the Committee on Banking, Housing, 
and Urban Affairs. 
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‘‘(B) REPORTING AND DISCHARGE.—If the 
committee to which a joint resolution of ap-
proval or joint resolution of disapproval was re-
ferred has not reported the joint resolution with-
in 10 calendar days after the date of referral of 
the joint resolution, that committee shall be dis-
charged from further consideration of the joint 
resolution and the joint resolution shall be placed 
on the appropriate calendar. 
‘‘(C) PROCEEDING
TO
CONSIDERATION.— 
Notwithstanding Rule XXII of the Standing 
Rules of the Senate, it is in order at any time 
after the Committee on Banking, Housing, and 
Urban Affairs reports a joint resolution of ap-
proval or joint resolution of disapproval to the 
Senate or has been discharged from consideration 
of such a joint resolution (even though a previous 
motion to the same effect has been disagreed to) 
to move to proceed to the consideration of the 
joint resolution, and all points of order against 
the joint resolution (and against consideration of 
the joint resolution) are waived. The motion to 
proceed is not debatable. The motion is not sub-
ject to a motion to postpone. A motion to recon-
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sider the vote by which the motion is agreed to 
or disagreed to shall not be in order. 
‘‘(D) RULINGS OF THE CHAIR ON PROCE-
DURE.—Appeals from the decisions of the Chair 
relating to the application of the rules of the 
Senate, as the case may be, to the procedure re-
lating to a joint resolution of approval or joint 
resolution of disapproval shall be decided with-
out debate. 
‘‘(E) 
CONSIDERATION
OF
VETO
MES-
SAGES.—Debate in the Senate of any veto mes-
sage with respect to a joint resolution of ap-
proval or joint resolution of disapproval, includ-
ing all debatable motions and appeals in connec-
tion with the joint resolution, shall be limited to 
10 hours, to be equally divided between, and con-
trolled by, the majority leader and the minority 
leader or their designees. 
‘‘(6) RULES RELATING TO SENATE AND HOUSE 
OF REPRESENTATIVES.— 
‘‘(A) TREATMENT OF SENATE JOINT RESO-
LUTION IN HOUSE.—In the House of Representa-
tives, the following procedures shall apply to a 
joint resolution of approval or a joint resolution 
of disapproval received from the Senate (unless 
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the House has already passed a joint resolution 
relating to the same proposed action): 
‘‘(i) The joint resolution shall be re-
ferred to the Committee on Financial Serv-
ices. 
‘‘(ii) If a committee to which a joint 
resolution has been referred has not reported 
the joint resolution within 2 calendar days 
after the date of referral, that committee 
shall be discharged from further consider-
ation of the joint resolution. 
‘‘(iii) Beginning on the third legisla-
tive day after each committee to which a 
joint resolution has been referred reports the 
joint resolution to the House or has been 
discharged from further consideration there-
of, it shall be in order to move to proceed 
to consider the joint resolution in the 
House. All points of order against the mo-
tion are waived. Such a motion shall not be 
in order after the House has disposed of a 
motion to proceed on the joint resolution. 
The previous question shall be considered as 
ordered on the motion to its adoption with-
out intervening motion. The motion shall 
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not be debatable. A motion to reconsider the 
vote by which the motion is disposed of shall 
not be in order. 
‘‘(iv) The joint resolution shall be con-
sidered as read. All points of order against 
the joint resolution and against its consid-
eration are waived. The previous question 
shall be considered as ordered on the joint 
resolution to final passage without inter-
vening motion except 2 hours of debate 
equally divided and controlled by the spon-
sor of the joint resolution (or a designee) 
and an opponent. A motion to reconsider 
the vote on passage of the joint resolution 
shall not be in order. 
‘‘(B) TREATMENT OF HOUSE JOINT RESOLU-
TION IN SENATE.— 
‘‘(i) If, before the passage by the Senate 
of a joint resolution of approval or joint 
resolution of disapproval, the Senate re-
ceives an identical joint resolution from the 
House of Representatives, the following pro-
cedures shall apply: 
‘‘(I) That joint resolution shall 
not be referred to a committee. 
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‘‘(II) With respect to that joint 
resolution— 
‘‘(aa) the procedure in the 
Senate shall be the same as if no 
joint resolution had been received 
from the House of Representatives; 
but 
‘‘(bb) the vote on passage 
shall be on the joint resolution 
from the House of Representatives. 
‘‘(ii) If, following passage of a joint 
resolution of approval or joint resolution of 
disapproval in the Senate, the Senate re-
ceives an identical joint resolution from the 
House of Representatives, that joint resolu-
tion shall be placed on the appropriate Sen-
ate calendar. 
‘‘(iii) If a joint resolution of approval 
or a joint resolution of disapproval is re-
ceived from the House, and no companion 
joint resolution has been introduced in the 
Senate, the Senate procedures under this 
subsection shall apply to the House joint 
resolution. 
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‘‘(C) APPLICATION
TO
REVENUE
MEAS-
URES.—The provisions of this paragraph shall 
not apply in the House of Representatives to a 
joint resolution of approval or joint resolution of 
disapproval that is a revenue measure. 
‘‘(7) RULES
OF
HOUSE
OF
REPRESENTATIVES 
AND
SENATE.—This subsection is enacted by Con-
gress— 
‘‘(A) as an exercise of the rulemaking power 
of the Senate and the House of Representatives, 
respectively, and as such is deemed a part of the 
rules of each House, respectively, and supersedes 
other rules only to the extent that it is incon-
sistent with such rules; and 
‘‘(B) with full recognition of the constitu-
tional right of either House to change the rules 
(so far as relating to the procedure of that 
House) at any time, in the same manner, and 
to the same extent as in the case of any other 
rule of that House.’’. 
(b) FY 2012 NDAA.—Section 1245(d)(5) of the Na-
tional Defense Authorization Act for Fiscal Year 2012 (22 
U.S.C. 8513a(d)(5)) is amended as follows: 
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(1) In subparagraph (A), by striking ‘‘deter-
mines that such a waiver’’ and inserting the fol-
lowing: ‘‘determines that— 
‘‘(i) the Government of Iran has ceased 
to provide support for acts of international 
terrorism; or 
‘‘(ii) such a waiver’’. 
(2) In subparagraph (B), by inserting ‘‘before 
issuing a waiver pursuant to subparagraph (A)(ii),’’ 
before ‘‘submits’’. 
(3) By adding at the end the following: 
‘‘The provisions relating to period for review by Con-
gress described in subsections (g) and (h) of section 
1247 of the National Defense Authorization Act for 
Fiscal Year 2013 (22 U.S.C. 8806) shall apply with 
respect to a report submitted under subparagraph (B) 
proposing a waiver of the imposition of sanctions 
under paragraph (1) in the same manner and to the 
same extent as such provisions apply with respect to 
a report submitted under subsection (f)(1)(B) of such 
section 1247 proposing a waiver of the imposition of 
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 authori-
ties with respect to sanctions imposed with re-
spect to the financial sector of Iran, and for 
other purposes. 
APRIL 15, 2024 
Reported from the Committee on Financial Services with 
an amendment 
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 
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