| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 2575 |
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| 5 | 5 | | To provide for the rescission of certain waivers and licenses relating to |
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| 6 | 6 | | Iran, and for other purposes. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | APRIL1, 2025 |
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| 9 | 9 | | Mr. P |
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| 10 | 10 | | FLUGER(for himself, Mr. NUNNof Iowa, Mr. VANDREW, Mr. |
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| 11 | 11 | | E |
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| 12 | 12 | | DWARDS, Mr. BILIRAKIS, Mr. LATTA, Mr. CLINE, Mr. STEIL, Mrs. |
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| 13 | 13 | | W |
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| 14 | 14 | | AGNER, Mr. FALLON, Mr. SCHMIDT, Mr. BEGICH, Mr. MESSMER, Mr. |
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| 15 | 15 | | K |
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| 16 | 16 | | USTOFF, Ms. TENNEY, Mr. MCGUIRE, and Mr. GOLDMANof Texas) in- |
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| 17 | 17 | | troduced the following bill; which was referred to the Committee on For- |
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| 18 | 18 | | eign Affairs, and in addition to the Committees on Financial Services, |
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| 19 | 19 | | Ways and Means, and Oversight and Government Reform, for a period |
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| 20 | 20 | | to be subsequently determined by the Speaker, in each case for consider- |
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| 21 | 21 | | ation of such provisions as fall within the jurisdiction of the committee |
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| 22 | 22 | | concerned |
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| 23 | 23 | | A BILL |
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| 24 | 24 | | To provide for the rescission of certain waivers and licenses |
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| 25 | 25 | | relating to Iran, and for other purposes. |
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| 26 | 26 | | Be it enacted by the Senate and House of Representa-1 |
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| 27 | 27 | | tives of the United States of America in Congress assembled, 2 |
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| 28 | 28 | | SECTION 1. RESCISSION OF CERTAIN WAIVERS AND LI-3 |
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| 29 | 29 | | CENSES. 4 |
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| 30 | 30 | | (a) I |
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| 31 | 31 | | NGENERAL.—On the date of enactment of this 5 |
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| 32 | 32 | | Act, the following measures shall be terminated: 6 |
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| 33 | 33 | | VerDate Sep 11 2014 22:49 Apr 04, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2575.IH H2575 |
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| 34 | 34 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 35 | 35 | | •HR 2575 IH |
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| 36 | 36 | | (1) The waiver exercised on the pursuant to 1 |
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| 37 | 37 | | section 1245(d)(5) of the National Defense Author-2 |
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| 38 | 38 | | ization Act for Fiscal Year 2012 and sections 3 |
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| 39 | 39 | | 1244(i) and 1247(f) of the Iran Freedom and 4 |
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| 40 | 40 | | Counter-Proliferation Act of 2012 and transmitted 5 |
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| 41 | 41 | | to Congress on September 11, 2023, for the transfer 6 |
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| 42 | 42 | | of certain funds from the Republic of Korea to 7 |
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| 43 | 43 | | Qatar. 8 |
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| 44 | 44 | | (2) Any general or specific license issued by the 9 |
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| 45 | 45 | | Office of Foreign Assets Control at the Department 10 |
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| 46 | 46 | | of the Treasury directly or indirectly related to the 11 |
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| 47 | 47 | | funds cited in paragraph (1). 12 |
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| 48 | 48 | | (b) L |
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| 49 | 49 | | IMITATION.—The President may not reissue any 13 |
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| 50 | 50 | | new waiver or license described in paragraph (1) or (2) 14 |
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| 51 | 51 | | of subsection (a) for the same or similar purposes. 15 |
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| 52 | 52 | | SEC. 2. LIMITATION OF APPLICABILITY OF CERTAIN LI-16 |
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| 53 | 53 | | CENSES. 17 |
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| 54 | 54 | | Notwithstanding any other provision of law, on and 18 |
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| 55 | 55 | | after the date of the enactment of this Act, the President 19 |
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| 56 | 56 | | may not— 20 |
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| 57 | 57 | | (1) exercise the waiver authority described in 21 |
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| 58 | 58 | | section 1245(d)(5) of the National Defense Author-22 |
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| 59 | 59 | | ization Act for Fiscal Year 2012 and sections 23 |
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| 60 | 60 | | 1244(i) and 1247(f) of the Iran Freedom and 24 |
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| 61 | 61 | | Counter-Proliferation Act of 2012 permitting the 25 |
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| 62 | 62 | | VerDate Sep 11 2014 22:49 Apr 04, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H2575.IH H2575 |
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| 63 | 63 | | ssavage on LAPJG3WLY3PROD with BILLS 3 |
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| 64 | 64 | | •HR 2575 IH |
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| 65 | 65 | | Government of Iran or any Iranian person access to 1 |
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| 66 | 66 | | any account established or maintained pursuant to 2 |
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| 67 | 67 | | or in accordance with section 1245(d)(4)(D)(ii)(II) 3 |
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| 68 | 68 | | of the National Defense Authorization Act for Fiscal 4 |
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| 69 | 69 | | Year 2012; or 5 |
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| 70 | 70 | | (2) issue a general or specific license, frequently 6 |
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| 71 | 71 | | asked question, or any other licensing action or 7 |
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| 72 | 72 | | guidance permitting the Government of Iran or any 8 |
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| 73 | 73 | | Iranian person access to or to benefit directly or in-9 |
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| 74 | 74 | | directly from any account established pursuant to or 10 |
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| 75 | 75 | | in accordance with any account described in 11 |
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| 76 | 76 | | 1245(d)(4)(D)(ii)(II) of the National Defense Au-12 |
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| 77 | 77 | | thorization Act for Fiscal Year 2012. 13 |
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| 78 | 78 | | Æ |
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| 79 | 79 | | VerDate Sep 11 2014 22:49 Apr 04, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H2575.IH H2575 |
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| 80 | 80 | | ssavage on LAPJG3WLY3PROD with BILLS |
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