H.R. 5947 aims to revoke specific waivers and licenses related to Iran. On the enactment date, it will cancel a waiver that allowed the transfer of funds from South Korea to Qatar and any licenses related to these funds. Additionally, the bill prohibits the President from...
Simple Explanation
H.R. 5947 is a plan to stop allowing certain money and deals between countries that involve Iran. This change means Iran can't use specific accounts, and future Presidents won't be able to make similar deals easily.