Sponsors (4)
The bill increases transparency and sets clearer, faster expectations for export licensing—helping U.S. businesses plan and potentially speeding approvals—but risks rushed national-security reviews, higher administrative and audit costs, and possible exposure of sensitive commercial data.
U.S. exporters and license applicants (including small businesses, government contractors, tech workers, and financial institutions) will receive clearer, faster export-license handling—decisions generally expected within 90 days, status updates after 120 days, and clearer timeline expectations—reducing commercial uncertainty and helping retain sales.
Applicants, Congress, and the public will get more transparency and accountability—reasons for denials, status updates, quarterly oversight data, and public GAO reporting—helping applicants correct errors and giving policymakers tools to hold agencies accountable.
Export licensing will require involvement of subject-matter expert licensing officers, improving the technical quality and consistency of licensing decisions.
State and national-security stakeholders face greater risk because firm timelines may pressure agencies to rush complex export-control reviews, increasing the chance of insufficient vetting of sensitive transfers.
Federal employees, applicants, and taxpayers will face higher administrative workloads and staffing costs from meeting deadlines, preparing status reports, and supporting audits—potentially diverting staff from licensing work, increasing costs, or slowing other agency functions.
Small businesses and other applicants risk exposure of commercially sensitive or country-specific information because publishing detailed metrics by end-user country and ECCN could reveal competitively sensitive data or require redactions that complicate transparency.
Based on analysis of 6 sections of legislative text.
Requires BIS to meet 90‑day licensing decision timelines, send status notices after 120 days, use subject‑matter experts, report quarterly to Congress, and undergo a GAO audit.
Requires the Commerce Department’s Bureau of Industry and Security (BIS) to make export/reexport/in‑country transfer licensing decisions within 90 days, notify applicants of status and reasons if no decision is made within 120 days, and ensure subject‑matter experts are involved in reviews. It also mandates quarterly public reporting to Congress on license counts and processing times and directs the Government Accountability Office to audit BIS license review practices and publish findings within one year.
Introduced April 15, 2026 by Gregory W. Meeks · Last progress April 15, 2026