and controlled by, the majority leader and the 
minority leader or their designees. 
(5) RULES RELATING TO SENATE AND HOUSE 
OF REPRESENTATIVES.— 
(A) TREATMENT OF SENATE JOINT RESO-
LUTION
IN
HOUSE.—In the House of Rep-
resentatives, the following procedures shall 
apply to a joint resolution of approval or a joint 
resolution of disapproval received from the Sen-
ate (unless the House has already passed a 
joint resolution relating to the same proposed 
action): 
(i) The joint resolution shall be re-
ferred to the appropriate committees. 
(ii) If a committee to which a joint 
resolution has been referred has not re-
ported the joint resolution within 2 cal-
endar days after the date of referral, that 
committee shall be discharged from further 
consideration of the joint resolution. 
(iii) Beginning on the third legislative 
day after each committee to which a joint 
resolution has been referred reports the 
joint resolution to the House or has been 
discharged 
from 
further 
consideration 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00056
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
thereof, it shall be in order to move to pro-
ceed to consider the joint resolution in the 
House. All points of order against the mo-
tion are waived. Such a motion shall not be 
in order after the House has disposed of a 
motion to proceed on the joint resolution. 
The previous question shall be considered 
as ordered on the motion to its adoption 
without intervening motion. The motion 
shall not be debatable. A motion to recon-
sider the vote by which the motion is dis-
posed of shall not be in order. 
(iv) The joint resolution shall be con-
sidered as read. All points of order against 
the joint resolution and against its consid-
eration are waived. The previous question 
shall be considered as ordered on the joint 
resolution to final passage without inter-
vening motion except 2 hours of debate 
equally divided and controlled by the spon-
sor of the joint resolution (or a designee) 
and an opponent. A motion to reconsider 
the vote on passage of the joint resolution 
shall not be in order. 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00057
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
(B) TREATMENT OF HOUSE JOINT RESO-
LUTION IN SENATE.— 
(i) RECEIPT
BEFORE
PASSAGE.—If, 
before the passage by the Senate of a joint 
resolution of approval or joint resolution of 
disapproval, the Senate receives an iden-
tical joint resolution from the House of 
Representatives, the following procedures 
shall apply: 
(I) That joint resolution shall not 
be referred to a committee. 
(II) With respect to that joint 
resolution— 
(aa) the procedure in the 
Senate shall be the same as if no 
joint resolution had been received 
from the House of Representa-
tives; but 
(bb) the vote on passage 
shall be on the joint resolution 
from the House of Representa-
tives. 
(ii) RECEIPT
AFTER
PASSAGE.—If, 
following passage of a joint resolution of 
approval or joint resolution of disapproval 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00058
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
in the Senate, the Senate receives an iden-
tical joint resolution from the House of 
Representatives, that joint resolution shall 
be placed on the appropriate Senate cal-
endar. 
(iii) NO COMPANION MEASURE.—If a 
joint resolution of approval or a joint reso-
lution of disapproval is received from the 
House, and no companion joint resolution 
has been introduced in the Senate, the 
Senate procedures under this subsection 
shall apply to the House joint resolution. 
(C) APPLICATION
TO
REVENUE
MEAS-
URES.—The provisions of this paragraph shall 
not apply in the House of Representatives to a 
joint resolution of approval or joint resolution 
of disapproval that is a revenue measure. 
(6) RULES
OF
HOUSE
OF
REPRESENTATIVES 
AND SENATE.—This subsection is enacted by Con-
gress— 
(A) as an exercise of the rulemaking power 
of the Senate and the House of Representa-
tives, respectively, and as such is deemed a part 
of the rules of each House, respectively, and su-
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00059
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
persedes other rules only to the extent that it 
is inconsistent with such rules; and 
(B) with full recognition of the constitu-
tional right of either House to change the rules 
(so far as relating to the procedure of that 
House) at any time, in the same manner, and 
to the same extent as in the case of any other 
rule of that House. 
(d) APPROPRIATE
CONGRESSIONAL
COMMITTEES 
AND LEADERSHIP DEFINED.—In this section, the term 
‘‘appropriate congressional committees and leadership’’ 
means— 
(1) the Committee on Financial Services, the 
Committee on Foreign Affairs, and the Speaker, the 
majority leader, and the minority leader of the 
House of Representatives; and 
(2) the Committee on Banking, Housing, and 
Urban Affairs, the Committee on Foreign Relations, 
and the majority and minority leaders of the Senate. 
SEC. 108. CLARIFICATION OF GUIDANCE RELATING TO 
IRAN’S SHIPPING SECTOR. 
(a) IN GENERAL.—The President shall direct the Of-
fice of Foreign Asset Control of the Department of the 
Treasury to issue regulations and guidance expanding the 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00060
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
list of services constituting ‘‘significant support’’ to the 
shipping sector of Iran to include— 
(1) port authorities; 
(2) importing agents; 
(3) management firms; 
(4) charterers; 
(5) operators; 
(6) marine insurers; 
(7) classification societies; and 
(8) all other maritime services providers. 
(b) ADDITIONAL UPDATE OF ADVISORY.—The Presi-
dent shall also direct the Secretary of State, the Secretary 
of the Treasury, and the Coast Guard to update the 
‘‘Sanctions Advisory for the Maritime Industry, Energy 
and Metals Sectors, and Related communities’’ issued on 
May 14, 2020, in accordance with the expanded definition 
of ‘‘significant support to the shipping sector’’ promul-
gated in accordance with subsection (a), as well as all 
other guidance and advisory documents of the Federal 
Government relating to such expanded definition. 
SEC. 109. SUNSET OF WAIVER AND LICENSE AUTHORITIES. 
(a) IN GENERAL.—The President’s authority to issue 
waivers or licenses to sanctions pursuant to sections 203 
and 205 of the International Emergency Economic Powers 
Act of 1976 with regard to sanctions required or author-
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00061
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
ized by legislation or Executive orders described in sub-
section (b), and any waivers or licenses issued pursuant 
to such legislation or Executive orders, shall cease to apply 
beginning on February 1, 2028. 
(b) SANCTIONS DESCRIBED.—The sanctions required 
or authorized by legislation and Executive orders include 
the following: 
(1) This Act, and the amendments made by this 
Act. 
(2) The Iran Sanctions Act of 1996 (Public 
Law 104–172; 50 U.S.C. 1701 note). 
(3) The Comprehensive Iran Sanctions, Ac-
countability, and Divestment Act of 2010 (22 U.S.C. 
8501 et seq.). 
(4) Section 1245 of the National Defense Au-
thorization Act for Fiscal Year 2012 (22 U.S.C. 
8513a). 
(5) The Iran Threat Reduction and Syria 
Human Rights Act of 2012 (22 U.S.C. 8701 et 
seq.). 
(6) The Iran Freedom and Counter-Prolifera-
tion Act of 2012 (22 U.S.C. 8801 et seq.). 
(7) The International Emergency Economic 
Powers Act (50 U.S.C. 1701 note). 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00062
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
(8) Any other statute or Executive order that 
requires or authorizes the imposition of sanctions 
with respect to Iran. 
SEC. 110. CODIFICATION AND APPLICATION ON TRANSFERS 
OF FUNDS INVOLVING IRAN. 
(a) CODIFICATION AND PROHIBITION OF TRANSFERS 
OF FUNDS INVOLVING IRAN.— 
(1) CODIFICATION OF REGULATIONS.—Notwith-
standing sections 203 and 205 of the International 
Emergency Economic Powers Act (50 U.S.C. 1702 
and 1704), section 560.516 of title 31, Code of Fed-
eral Regulations, as in effect on January 1, 2021, 
shall apply with respect to transfers of funds to or 
from Iran, or for the direct or indirect benefit of an 
Iranian person or the Government of Iran, for the 
period beginning on or after such date of enactment 
and ending on the date on which the President 
makes the certification to Congress under section 8 
of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 
note) as amended by this Act. 
(2) 
ADDITIONAL
PROHIBITION.—Notwith-
standing section 302 of this Act or sections 203 and 
205 of the International Emergency Economic Pow-
ers Act (50 U.S.C. 1702 and 1704)— 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00063
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
(A) the regulations prohibiting the debiting 
or crediting of an Iranian account in section 
560.516 of title 31, Code of Federal Regula-
tions, as in effect on January 1, 2021, and 
codified in paragraph (1) shall apply to foreign 
financial institutions if the transaction or trans-
actions is conducted in the legal tender of the 
United States; and 
(B) United States financial institutions 
shall be prohibited from engaging in a signifi-
cant transaction or transactions, including pur-
chasing or selling foreign exchange with large- 
value payment systems, with a foreign financial 
institution that violates the regulations and pro-
hibitions described in subparagraph (A). 
(3) RULE OF CONSTRUCTION.—With the excep-
tion of paragraph (4), the President may not issue 
a license to permit a transaction or transactions 
under this subsection. 
(4) SUSPENSION.—The President may suspend 
the prohibition in paragraph (2) for a period not to 
exceed 180 days, and may renew the suspension for 
additional periods of not more than 180 days, on 
and after the date on which the President provides 
to the appropriate congressional committees the cer-
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00064
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
tification required in section 8 of the Iran Sanctions 
Act of 1996 (50 U.S.C. 1701 note) as amended by 
this Act. 
SEC. 111. APPLICABILITY OF CONGRESSIONAL REVIEW OF 
CERTAIN AGENCY RULEMAKING RELATING 
TO IRAN. 
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, any rule to amend or otherwise alter a covered 
regulatory provision as defined in subsection (c) that is 
published on or after the date of the enactment of this 
Act shall be deemed to be a rule or major rule (as the 
case may be) for purposes of chapter 8 of title 5, United 
States Code, and shall be subject to all applicable require-
ments of chapter 8 of title 5, United States Code. 
(b) QUARTERLY REPORTS.—Not later than 60 days 
after the date of the enactment of this Act, and every 90 
days thereafter, the head of the applicable department or 
agency of the Federal Government shall submit to the ap-
propriate congressional committees a report on the oper-
ation of the licensing system under each covered regu-
latory provision as defined in subsection (c) for the pre-
ceding 2-year period, including— 
(1) the number and types of licenses applied 
for; 
(2) the number and types of licenses approved; 
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00065
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS
(3) a summary of each license approved; 
(4) a summary of transactions conducted pur-
suant to a general license; 
(5) the average amount of time elapsed from 
the date of filing of a license application until the 
date of its approval; 
(6) the extent to which the licensing procedures 
were effectively implemented; and 
(7) a description of comments received from in-
terested parties about the extent to which the licens-
ing procedures were effective, after the applicable 
department or agency holds a public 30-day com-
ment period. 
(c) DEFINITION.—In this section, the term ‘‘covered 
regulatory provision’’ means any provision of part 535, 
560, 561, or 1060 of title 31, Code of Federal Regula-
tions, and in EAR 742 and 746 related to Iran, as such 
parts were in effect on the date of enactment of this Act. 
SEC. 112. EXPANSION OF SANCTIONS WITH RESPECT TO EF-
FORTS BY IRAN TO ACQUIRE BALLISTIC MIS-
SILE AND RELATED TECHNOLOGY. 
(a) CERTAIN PERSONS.—Section 1604(a) of the 
Iran-Iraq Arms Non-Proliferation Act of 1992 (Public 
Law 102–484; 50 U.S.C. 1701 note) is amended by insert-
VerDate Sep 11 2014 
18:15 May 05, 2025
Jkt 059200
PO 00000
Frm 00066
Fmt 6652
Sfmt 6201
E:\BILLS\H2570.IH
H2570
ssavage on LAPJG3WLY3PROD with BILLS