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

United States118th CongressHR-5947House of Representatives
Updated: Apr 17, 2024

Summary

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.

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Timeline

  1. POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 5947, the Chair put the question on passage of the bill and by voice vote, announced the ayes had prevailed. Mr. Self demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

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  2. Considered as unfinished business. (consideration: CR H2483)

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  3. On passage Passed by the Yeas and Nays: 259 - 160 (Roll no. 139). (text: CR H2476-2477)

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  4. Motion to reconsider laid on the table Agreed to without objection.

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