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Requires federal agencies that keep major U.S. sanctions and export-control lists to notify one another when they add a person or company to a list, to review those additions on a fixed timetable, and to report to Congress within one year on how they complied. The goal is faster coordination so the same individual or entity is evaluated across related sanctions and export-control lists.
The bill tightens and speeds coordination and reporting on sanctions/export controls to improve targeting and oversight, but it increases administrative burdens and can raise compliance costs and overreach risks for U.S. businesses.
Federal sanctions and export-control offices (and thus U.S. national security) will coordinate additions within 90 days to identify overlapping threats, improving the government's ability to target malicious actors and protect Americans.
Congress (and relevant state officials) will receive an unclassified report (with an optional classified annex) within one year documenting compliance and outcomes, increasing transparency and enabling legislative oversight.
Small businesses, financial institutions, and utilities could face higher compliance costs and greater regulatory risk because faster coordination may result in more entities being blacklisted across multiple lists.
Federal agency staff will incur added administrative workload and tighter deadlines, which may divert time and resources away from investigations or enforcement activities.
Introduced July 2, 2025 by Randy Fine · Last progress July 2, 2025