Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill changes how the Department of Commerce's Bureau of Industry and Security (BIS) handles applications for licenses to export certain goods. It requires that special notices sent to companies or universities about extra license requirements go through the same review process as regular export licenses, and it sets a 60-day time limit on those notices unless BIS formally publishes related rules. The bill also requires BIS to create clear standards for when license applications should be denied and to share those standards with Congress, and it expands the use of advisory committees to help guide BIS on specific topics. Finally, BIS must regularly review and report to Congress on a 2025 rule related to advanced computing chips.
Introduced
April 15, 2026
Policy Area
Foreign Trade and International Finance
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