HR6323-118

Reported

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.

118th Congress Introduced Nov 9, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This 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., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Finance, Government Operations.

Who Benefits and How

foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H3FBDDE5C4F744218A4E90DC0AF5A50B3: 1. Short title This Act may be cited as the Iran Counterterrorism Act of 2023.
  • Section H8A815A266AC84FA7922ECBD7CA392532: 2. Modification of waiver authorities with respect to sanctions imposed with respect to the financial sector of Iran Section 1247 of the National Defense...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This 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., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Finance, Government Operations

Primary Purpose

This 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., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Finance Government Operations

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh
foreign governments, international partners, and aid recipients:
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh
federal implementing agencies:
foreign governments, international partners, and aid recipients:

Legislative Progress

Reported
Introduced Committee Passed
Apr 18, 2024

Received; read twice and referred to the Committee on Banking, …

Apr 15, 2024

Additional sponsors: Mr. Buchanan, Mr. Moskowitz, Ms. Tenney, and Mr. …

Apr 15, 2024

Reported from the Committee on Financial Services with an amendment

Apr 15, 2024

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

Nov 9, 2023

Mrs. Kim of California introduced the following bill; which was …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
2 mentions across 1 clause
+1 positive -1 negative

Executive Branch (President), United States Congress

Positive-direction: United States Congress

Negative-direction: Executive Branch (President)

Financial Services
2 mentions across 1 clause
-2 negative

Financial institutions seeking Iran business opportunities, Iranian financial institutions

Oil & Gas
1 mention across 1 clause
-1 negative

Oil and gas companies seeking Iran market access

2/2
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Policy Finance Government Operations
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

Key Definitions

Terms defined in this bill

1 term
"joint resolution of disapproval" §H8A815A266AC84FA7922ECBD7CA392532

only a joint resolution of either House of Congress— 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

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology