Last progress March 10, 2025 (9 months ago)
Introduced on March 10, 2025 by Keith Self
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, the Judiciary, Ways and Means, Oversight and Government Reform, and Rules, 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.
This bill sets a check on any move to ease U.S. sanctions on Iran. Before the President can end or waive sanctions, or grant a license that would significantly change U.S. policy toward Iran, a report explaining the action and why it’s proposed must be sent to Congress. Congress then gets 30 days to review (60 days if the report arrives between July 10 and September 7). During that time, the change cannot go forward unless Congress votes to approve it. If Congress votes to block it and that becomes law, the change cannot happen.
Reports must say whether the action would significantly change U.S. policy and, if so, explain the change and its expected effects. Routine licenses that don’t significantly change policy do not trigger this reporting rule.