US
Us Congress House Bill HB2575

Us Congress 2025-2026 Regular Session

Us Congress House Bill HB2575

Introduced
4/1/25  

Caption

To provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes.

Impact

The rescission of these waivers and licenses under HB2575 is expected to tighten financial controls and limit Iran's ability to access certain funds. This could alter the dynamics of US-Iran relations, particularly concerning financial transactions with other nations. By restricting these financial interactions, the bill seeks to address concerns over Iran's influence and activities, aligning with broader national security objectives. Critics and supporters are likely to debate the implications of such actions on diplomatic relations and the efficacy of sanctions in curbing Iran's influence in the region.

Summary

House Bill 2575 aims to rescind certain waivers and licenses associated with the transfer of funds from the Republic of Korea to Qatar, specifically as they pertain to Iran. The bill specifically terminates a previously enacted waiver related to the National Defense Authorization Act for Fiscal Year 2012 and mandates that the President cannot issue any new waivers or licenses for the same or similar purposes following its enactment. This legislative move signifies a strong stance against Iran's financial accessibility, impacting international relations and financial regulations regarding this sensitive region.

Contention

Discussion around HB2575 may center on the efficacy and implications of such constraints on Iran. Proponents argue that cancelling these waivers is essential for bolstering US national security and reducing Iran's capacity for financial maneuvers. Conversely, opponents might raise concerns about potential repercussions on international diplomacy and economic relations. The long-term consequences of such a bill could provoke discussions on whether sanctions are indeed effective in achieving desired foreign policy outcomes, particularly in a rapidly changing geopolitical environment.

Congress_id

119-HR-2575

Introduced_date

2025-04-01

Companion Bills

No companion bills found.

Previously Filed As

US HB5947

To provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes.

US HB10413

To provide for across-the-board rescissions of nonsecurity discretionary spending, and for other purposes.

US HR1149

Providing for consideration of the bill (H.R. 6323) to modify the availability of certain waiver authorities with respect to sanctions imposed with respect to the financial sector of Iran, and for other purposes; providing for consideration of the resolution (H. Res. 1143) condemning Iran's unprecedented drone and missile attack on Israel; providing for consideration of the bill (H.R. 4691) to provide for congressional review of actions to terminate or waive sanctions imposed with respect to Iran; providing for consideration of the bill (H.R. 5947) to provide for the rescission of certain waivers and licenses relating to Iran, and for other purposes; providing for consideration of the bill (H.R. 6046) to designate Ansarallah as a foreign terrorist organization and impose certain sanctions on Ansarallah, and for other purposes; and providing for consideration of the bill (H.R. 4639) to amend section 2702 of title 18, United States Code, to prevent law enforcement and intelligence agencies from obtaining subscriber or customer records in exchange for anything of value, to address communications and records in the possession of intermediary internet service providers, and for other purposes.

US HB10360

To require the Secretary of Defense to enhance the readiness of the Department of Defense to challenges relating to climate change and to improve the energy and resource efficiency of the Department, and for other purposes.

US HB10393

To establish a grant program for certain State and local forensic activities, and for other purposes.

US SB256

A bill to terminate certain waivers of sanctions with respect to Iran issued in connection with the Joint Comprehensive Plan of Action, and for other purposes.

US HB10378

To establish the Critical Mineral Reserve of the United States, and for other purposes.

US HB6000

Revoke Iranian Funding Act of 2023

US HB10358

To amend the Foreign Service Act of 1980 to provide for portability of professional licenses, and for other purposes.

US SB5483

A bill to provide for across-the-board rescissions of nonsecurity discretionary spending of 5 percent.

Similar Bills

No similar bills found.