Overview

Title

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.

ELI5 AI

H.R. 6323 is a plan that says if the President wants to change some rules about not trading with Iran's banks, Congress first needs to check and give the thumbs up or down. This helps make sure everyone's okay with it before any big changes happen.

Summary AI

H.R. 6323 seeks to change how the United States handles waiver authorities concerning sanctions imposed on Iran's financial sector. Specifically, the bill amends previous defense acts to require a review period by Congress before the President can issue a waiver to lift these sanctions. During this period, Congress may approve or disapprove the waiver through a joint resolution. The intent is to ensure that any decision to waive sanctions is closely scrutinized by Congress, especially regarding Iran's involvement in international terrorism.

Published

2024-04-15
Congress: 118
Session: 2
Chamber: HOUSE
Status: Reported in House
Date: 2024-04-15
Package ID: BILLS-118hr6323rh

Bill Statistics

Size

Sections:
2
Words:
2,790
Pages:
16
Sentences:
60

Language

Nouns: 755
Verbs: 203
Adjectives: 156
Adverbs: 15
Numbers: 89
Entities: 142

Complexity

Average Token Length:
4.26
Average Sentence Length:
46.50
Token Entropy:
5.05
Readability (ARI):
25.53

AnalysisAI

General Summary of the Bill

The bill, titled the "Iran Counterterrorism Act of 2023," proposes modifications to existing waiver authorities related to sanctions on Iran's financial sector. It chiefly aims to enhance Congressional oversight in the process of waiving such sanctions. The bill amends sections of prior National Defense Authorization Acts from FY 2012 and 2013, incorporating specific procedures and conditions for Congress to review and possibly approve or disapprove of waivers. These changes seek to ensure that the lifting of sanctions is meticulously scrutinized by Congress, thereby fostering greater involvement and transparency around this critical area of foreign policy.

Summary of Significant Issues

While the bill reflects an effort to tighten the oversight on sanction waivers, it comes with a set of challenges. The language used in the bill is complex and riddled with legislative and legal jargon, making it potentially difficult for the public, or even some members of Congress, to fully grasp the implications without additional guidance.

Furthermore, the process it sets out for Congress to review the proposed waivers involves numerous intricate steps and conditions, which may delay or complicate decision-making. For instance, the review period extends from 30 to 60 days at specific times, which adds another layer of complexity. This complexity could lead to procedural gridlocks, especially in a politically polarized environment.

Potential Impacts on the Public

If enacted, the bill could have broad implications for U.S. foreign policy towards Iran. By creating a more detailed and controlled process for waiving sanctions, the bill potentially ensures that decisions are made with greater transparency and accountability. This might reassure the public that the government is being thorough and responsible in its dealings with Iran, particularly in curbing potential financial support for acts of terrorism.

However, the complicated procedural aspects might slow down the legislative process, which could impact timely policy responses. This delay could have downstream effects, such as affecting international relations and economic conditions in sectors related to defense and security.

Potential Impacts on Specific Stakeholders

For policymakers and members of Congress, the increased role prescribed by the bill could be both a positive and a negative. On one hand, it allows for a more significant degree of oversight and involvement in critical national security matters. On the other hand, it burdens them with additional procedural responsibilities that could be seen as cumbersome or obstructive to agile governance.

The bill's impact on the Executive branch could be seen as a limitation on its traditional powers to make swift executive decisions regarding foreign policy, given the enhanced Congressional oversight. This could lead to tensions between the two branches of government, particularly in scenarios where rapid diplomatic responses are necessary.

Lastly, stakeholders in the financial and security sectors might view the bill as a stabilizing force that ensures thoughtful consideration before altering sanctions. However, the drawn-out process could also be seen as an impediment to adapting quickly to changing geopolitical realities, potentially affecting businesses and strategic interests tied to these sectors.

Issues

  • The legislative language in Section 2 is complex and filled with legal jargon that may be difficult for laypersons and some lawmakers to easily understand. This complexity could lead to misinterpretations or manipulation of the provisions, which is particularly concerning given the sensitive nature of Iran sanctions.

  • The process for congressional review described in Section 2 introduces multiple exceptions and special rules, such as extending the review period from 30 to 60 days between July 10 and September 7, which might complicate the process further and lead to potential misunderstandings or unintended delays in legislative responses.

  • Section 2's procedure for joint resolutions of approval or disapproval is detailed and potentially cumbersome due to the numerous conditions and steps involved in both the House and Senate. This could complicate and slow down the legislative process, affecting timely decision-making with respect to waivers on Iran sanctions.

  • The provision in Section 2 that links the enactment of a joint resolution of disapproval to the rejection of a proposed waiver could potentially create political gridlocks, especially when there is a partisan divide between Congress and the Executive.

  • The bill repeatedly references and relies on specific sections of previous acts, such as the National Defense Authorization Act for Fiscal Year 2013, which might obscure understanding for those who do not have immediate access to these documents. This could lead to difficulties in comprehensively analyzing the implications of the proposed amendments.

Sections

Sections are presented as they are annotated in the original legislative text. Any missing headers, numbers, or non-consecutive order is due to the original text.

1. Short title Read Opens in new tab

Summary AI

The first section of the bill states that its official title is the "Iran Counterterrorism Act of 2023."

2. Modification of waiver authorities with respect to sanctions imposed with respect to the financial sector of Iran Read Opens in new tab

Summary AI

The section describes amendments to the National Defense Authorization Acts for Fiscal Years 2013 and 2012. These amendments adjust the process for waiving sanctions on Iran's financial sector by adding conditions and detailed procedures for congressional review and potential approval or disapproval of such waivers, ensuring greater Congressional involvement in decisions to lift sanctions.