The PEACE Act prohibits the federal government from spending money on or granting special legal privileges to the "Board of Peace," a new international organization created by the President in January 2026 through executive order. The bill argues that Congress has not authorized or appropriated funds for this organization and that the President lacks authority to spend federal money on it without explicit congressional approval. The legislation requires federal agencies to report within 15 days on any funds already committed to the Board of Peace, and it directs the President to submit a plan within 30 days for redirecting those funds toward sustainable peace efforts in conflict-affected regions. Additionally, the Secretary of State must assess within 60 days whether the Board of Peace has made progress in advancing peace in Gaza. The act establishes that no federal funds may be used for the Board of Peace going forward unless Congress passes a specific law authorizing such spending, and it strips the organization of any special legal immunities it may have been granted.
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