To provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes.
About This Bill
Committee
Latest Action · April 1, 2025
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.
H.R. 2575 would cancel existing waivers and licenses that allow Iran to access certain funds held in accounts in foreign countries, specifically targeting a waiver that permitted the transfer of funds from South Korea to Qatar. The bill would also prohibit the President from issuing new waivers or licenses for the same purpose in the future, effectively tightening restrictions on Iranian access to these financial accounts. This legislation is aimed at strengthening sanctions enforcement against Iran by eliminating exemptions that currently allow the Iranian government and Iranian entities to benefit from these financial arrangements. The bill was introduced in April 2025 and referred to the House Committees on Foreign Affairs, Financial Services, Ways and Means, and Oversight and Government Reform for consideration. No specific funding or timeline beyond the bill's enactment date is mentioned.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.