I 
119TH CONGRESS 
1ST SESSION H. R. 2575 
To provide for the rescission of certain waivers and licenses relating to 
Iran, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 1, 2025 
Mr. PFLUGER (for himself, Mr. NUNN of Iowa, Mr. VAN DREW, Mr. 
EDWARDS, Mr. BILIRAKIS, Mr. LATTA, Mr. CLINE, Mr. STEIL, Mrs. 
WAGNER, Mr. FALLON, Mr. SCHMIDT, Mr. BEGICH, Mr. MESSMER, Mr. 
KUSTOFF, Ms. TENNEY, Mr. MCGUIRE, and Mr. GOLDMAN of Texas) in-
troduced the following bill; which was referred to the Committee on For-
eign 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 consider-
ation of such provisions as fall within the jurisdiction of the committee 
concerned 
A BILL 
To provide for the rescission of certain waivers and licenses 
relating to Iran, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. RESCISSION OF CERTAIN WAIVERS AND LI-
CENSES. 
(a) IN GENERAL.—On the date of enactment of this 
Act, the following measures shall be terminated: 
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(1) The waiver exercised on the pursuant to 
section 1245(d)(5) of the National Defense Author-
ization Act for Fiscal Year 2012 and sections 
1244(i) and 1247(f) of the Iran Freedom and 
Counter-Proliferation Act of 2012 and transmitted 
to Congress on September 11, 2023, for the transfer 
of certain funds from the Republic of Korea to 
Qatar. 
(2) Any general or specific license issued by the 
Office of Foreign Assets Control at the Department 
of the Treasury directly or indirectly related to the 
funds cited in paragraph (1). 
(b) LIMITATION.—The President may not reissue any 
new waiver or license described in paragraph (1) or (2) 
of subsection (a) for the same or similar purposes. 
SEC. 2. LIMITATION OF APPLICABILITY OF CERTAIN LI-
CENSES. 
Notwithstanding any other provision of law, on and 
after the date of the enactment of this Act, the President 
may not— 
(1) exercise the waiver authority described in 
section 1245(d)(5) of the National Defense Author-
ization Act for Fiscal Year 2012 and sections 
1244(i) and 1247(f) of the Iran Freedom and 
Counter-Proliferation Act of 2012 permitting the 
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Government of Iran or any Iranian person access to 
any account established or maintained pursuant to 
or in accordance with section 1245(d)(4)(D)(ii)(II) 
of the National Defense Authorization Act for Fiscal 
Year 2012; or 
(2) issue a general or specific license, frequently 
asked question, or any other licensing action or 
guidance permitting the Government of Iran or any 
Iranian person access to or to benefit directly or in-
directly from any account established pursuant to or 
in accordance with any account described in 
1245(d)(4)(D)(ii)(II) of the National Defense Au-
thorization Act for Fiscal Year 2012. 
Æ 
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