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Adds subsection (m) establishing the Iran Kleptocracy Initiative within FinCEN with duties, reporting requirements, and interagency coordination; creates definition of appropriate congressional committees for the subsection.
Amends subsection (a)(2) of 22 U.S.C. 8754a by renumbering a cross-reference (striking "subparagraph (A)" and inserting "paragraph (1)") and by adding new subparagraphs (H), (I), and (J) that require assessments regarding direct-to-cell wireless communications for Iran, drone-based impacts and countermeasures, and a survey of terrestrial and non-terrestrial telecom providers in Iran.
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced February 20, 2026 by Michael Lawler · Last progress February 20, 2026
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House