Bill Details

HR.2468 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-03-27 - Referred to the House Committee on Foreign Affairs.
Introduced Date
2025-03-27
Policy Area
International Affairs
Committees
View committees (1)
8
0

AI Summary This summary was generated by AI from the bill text. AI can get information wrong.

This bill would make it harder for the President to give sanctions relief to certain Iranian people and organizations linked to terrorism. In general, it would ban new licenses or waivers that would allow transactions with these sanctioned parties unless the President tells Congress that they have stopped supporting or taking part in terrorism. The bill is aimed at Iranian individuals and entities that were already on Treasury’s terrorism sanctions list as of January 20, 2021. It also says the bill should not be read to change certain general permissions that were already in place on that date.

  • It blocks new licenses or waivers for transactions with covered Iranian individuals and entities unless the President certifies they have ended their involvement in terrorism.
  • The people and groups covered are those listed by the Treasury Department’s sanctions office as of January 20, 2021 under a terrorism-related executive order.
  • The President would have to notify four congressional committees: the House Foreign Affairs Committee, House Financial Services Committee, Senate Foreign Relations Committee, and Senate Banking, Housing, and Urban Affairs Committee.
  • The bill does not change general licenses that were already in effect on January 20, 2021 for transactions involving these sanctioned parties.

Official Summaries

No summaries available

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2468 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 2468

 To prohibit the issuance of licenses or other waivers from sanctions 
  imposed pursuant to certain authorities relating to the conduct of 
                     Iran, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 27, 2025

    Mr. Steil (for himself and Mr. Moore of Alabama) introduced the 
 following bill; which was referred to the Committee on Foreign Affairs

_______________________________________________________________________

                                 A BILL


 
 To prohibit the issuance of licenses or other waivers from sanctions 
  imposed pursuant to certain authorities relating to the conduct of 
                     Iran, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``No Sanctions Relief for Terrorists 
Act''.

SEC. 2. PROHIBITION ON LICENSES AND WAIVERS.

    (a) In General.--No license or waiver may be granted with respect 
to any transaction with any foreign person described in subsection (b) 
unless the President certifies to the following committees that the 
foreign persons have ceased their involvement in terrorism:
            (1) The Committee on Foreign Affairs and the Committee on 
        Financial Services of the House of Representatives.
            (2) The Committee on Foreign Relations and the Committee on 
        Banking, Housing, and Urban Affairs of the Senate.
    (b) Sanctioned Persons.--The foreign persons described in this 
subsection are all Iranian individuals and entities included, as of 
January 20, 2021, on the list of specially designated nationals and 
blocked persons maintained by the Office of Foreign Assets Control of 
the Department of the Treasury pursuant to Executive Order 13224 (66 
Fed. Reg. 49079; relating to blocking property and prohibiting 
transactions with persons who commit, threaten to commit, or support 
terrorism).
    (c) Rule of Construction.--The prohibition under subsection (a) may 
not be construed to restrict or modify any general license issued by 
the Office of Foreign Asset Control relating to transactions with 
persons described in subsection (b), as in effect on January 20, 2021.
                                 <all>