Updated 3 days ago
Last progress August 19, 2025 (4 months ago)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last progress February 26, 2025 (10 months ago)
Introduced on February 26, 2025 by James E. Banks
This bill makes the Commerce Department share more details with Congress about export licenses tied to high‑risk foreign entities. Each year, the Bureau of Industry and Security must report on license applications, enforcement actions, and other export approvals for items under U.S. export rules that involve “covered entities.” Covered entities are organizations operating in countries under a U.S. arms embargo that are also on the Entity List or the Military End‑User List .
The reports must include who applied, what item they want to export, who the end user is and where they are, an estimated value, the decision on the request, the date submitted, and any related enforcement checks. Only summary statistics can be made public; the detailed information stays confidential. The first report is due one year after the bill becomes law, then at least once a year after that .