HR 2468 — No Sanctions Relief for Terrorists Act

Summary

Prohibits the issuance of licenses or waivers that would allow transactions with Iranian individuals and entities on the terrorism sanctions list
Requires the President to certify to Congress that sanctioned persons have ceased involvement in terrorism before any license or waiver can be granted
Applies to Iranian persons on the specially designated nationals list maintained by the Treasury Department as of January 20, 2021
Requires notification to House and Senate committees on Foreign Affairs and Banking before sanctions relief can be granted
Does not restrict general Treasury Department licenses that were in effect on January 20, 2021

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Rep. Steil, Bryan (R-WI) [#1]

2 cosponsors

Rep. Moore, Barry (R-AL) [#1]
Rep. Schmidt, Derek (R-KS) [#2]

Money behind the sponsor

Top reported contributors to Bryan Steil’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

BLACKSTONE $57,500
Employer not reported $42,925
KLONDIKE CHEESE $26,400
NORTHWESTERN MUTUAL $24,600
KKR & CO $19,500

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Bryan Steil → · Outside spending →

Actions (2)

Mar 27, 2025 Referred to the House Committee on Foreign Affairs. · house
Mar 27, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

Introduced in House · Mar 27, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

March 27, 2025

Mr. Steil (for himself and Mr. Moore of Alabama) introduced the following bill; which was referred to the Committee on Foreign Affairs

A BILL

To prohibit the issuance of licenses or other waivers from sanctions imposed pursuant to certain authorities relating to the conduct of Iran, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “No Sanctions Relief for Terrorists Act”.

SEC. 2. PROHIBITION ON LICENSES AND WAIVERS.

(a) In General.—No license or waiver may be granted with respect to any transaction with any foreign person described in subsection (b) unless the President certifies to the following committees that the foreign persons have ceased their involvement in terrorism:

(1) The Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives.

(2) The Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate.

(b) Sanctioned Persons.—The foreign persons described in this subsection are all Iranian individuals and entities included, as of January 20, 2021, on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury pursuant to Executive Order 13224 (66 Fed. Reg. 49079; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism).

(c) Rule of Construction.—The prohibition under subsection (a) may not be construed to restrict or modify any general license issued by the Office of Foreign Asset Control relating to transactions with persons described in subsection (b), as in effect on January 20, 2021. <all>

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