Iran Sanctions Relief Review Act of 2023

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

Apr 17, 2024

The Iran Sanctions Relief Review Act of 2023 requires the President to report to Congress before terminating or waiving Iran-related sanctions or taking licensing actions that significantly alter U.S. foreign policy toward Iran. Each report must describe the proposed action, its rationale, and whether it is intended to alter Iran policy; reports intended to alter policy must include additional details on objectives and anticipated effects. Congress receives a 30-day review period (extended to 60 days for reports submitted between July 10 and September 7) during which it may pass a joint resolution approving or disapproving the action. The President may not take the action during the review period unless Congress passes a joint resolution of approval, and the bill prohibits the President from acting if Congress enacts a joint resolution of disapproval.

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Iran Sanctions Relief Review Act of 2023 This bill restricts the President's authority to unilaterally undertake certain actions with respect to Iran and increases congressional oversight of those actions. Specifically, the President must report to Congress before terminating or waiving sanctions related to Iran or taking a licensing action that significantly alters U.S. foreign policy with respect to Iran. Each report must (1) describe the proposed action and its rationale, and (2) indicate whether or not the action is intended to significantly alter foreign policy concerning Iran. If the intention is to alter that policy, the report must provide additional information about the policy objectives and anticipated effects of the action. After the President submits a report, the bill provides Congress with a 30-day period to review it; this period is extended to 60 days for reports submitted between July 10 and September 7. During this period, Congress may enact a joint resolution approving or disapproving the action. During the review period, the President may not take the action unless Congress passes a joint resolution of approval; if Congress enacts a joint resolution of disapproval, the bill prohibits the President from taking the action. The bill also outlines procedures for the introduction and consideration of these types of joint resolutions.