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118th Congress > House > Vote 858
Clerk session vote number: 140
Sponsor: KIM, Young (R-CA)
Description: Iran Counterterrorism Act
Bill summary:
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.
Bill titles: 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.
Links for more info on the vote: congress.gov