To provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes.

How it moves voter issues

• +1National security & defense

  Revokes the waiver that let about $6 billion in frozen Iranian funds move to Qatar and bars similar waivers.

  Medium confidence

  AI score: +1 from claude-opus-5-5. Compare the models

What it does

This bill terminates the presidential waiver of certain sanctions on Iran and the licenses issued by the Department of the Treasury that allowed for the transfer of previously blocked Iranian funds (namely, the approximately $6 billion of Iranian funds that the Biden Administration permitted to be transferred from restricted accounts in South Korea to restricted accounts in Qatar to facilitate the release of five U.S. citizens detained in Iran). Furthermore, the President may not exercise waiver authority related to certain accounts belonging to Iran.

Summary by the Congressional Research Service, introduced in house version.

Every recorded vote on it

1. Apr 17, 2024House On PassageTo provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes259 yea 160 nayCounts toward rankings