To provide for a limitation on funds to implement, administer, or enforce certain general licenses issued by the Office of Foreign Assets Control of the Department of the Treasury.
About This Bill
Committee
Latest Action · February 14, 2024
Referred to the House Committee on Foreign Affairs.
This bill would prohibit federal funding from being used to implement, administer, or enforce five specific general licenses (numbered 22-26) that the Treasury Department's Office of Foreign Assets Control issued on January 17, 2024, related to sanctions on Ansarallah, a designated terrorist organization. The legislation would also require Congress to pass a separate law to approve any future general licenses issued by the Treasury related to Ansarallah before they could take effect. The bill effectively strips away certain existing exceptions or authorizations that allow limited transactions or activities involving the designated terrorist group. This measure would restrict the executive branch's ability to manage foreign policy and sanctions without explicit congressional authorization. No specific funding amounts or implementation timelines are specified in the legislation.
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