Officially: To provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes.
This bill would cancel U.S. approvals that let certain Iranian-linked funds be moved or accessed. It would also block new waivers, licenses, or Treasury guidance that could open those accounts again. That would tighten sanctions but give the President less room to use those funds in negotiations.
Where it stands
Sitting in Foreign Affairs
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
Latest: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Ways and Means, and Oversight and Government Reform, 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. (4/1/2025)
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
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