S. 2672: Sanctions and Accountability for Non-Compliance and Transparent Investigative Oversight for National Security in the West Bank Act

This bill, titled the "Sanctions and Accountability for Non-Compliance and Transparent Investigative Oversight for National Security in the West Bank Act," aims to make specific sanctions permanent against individuals or entities that are perceived to undermine peace, security, and stability in the West Bank.

Key Provisions

• Codification of Sanctions: The bill seeks to codify sanctions that were previously established under Executive Order 14115, which targets individuals involved in activities that undermine stability in the West Bank. These sanctions would become effective immediately upon the enactment of the bill and would remain in effect unless otherwise specified.
• Reinstatement of Former Sanctions: Any sanctions that were previously imposed but later revoked under a different executive order (Executive Order 14148) would be reimposed immediately upon the bill's enactment.
• Termination of Sanctions: The bill allows for the potential lifting of sanctions by the President, given certain conditions. The President must provide notification to specific congressional committees, demonstrating that the sanctioned individual or entity has either ceased the behaviors that warranted sanctions or has taken substantial steps to prevent future violations. This notification must generally occur at least 15 days prior to the end of the sanctions, although it can be expedited under urgent circumstances.

Congressional Oversight

The bill outlines which congressional committees are to be informed regarding the termination of sanctions, specifying both Senate and House committees that focus on foreign relations and financial matters.

Objective

The primary goal of the bill is to enhance accountability and ensure that those who threaten the region's stability face consequences through continued sanctioning. By codifying these measures, the bill aims to solidify the United States' stance on maintaining peace and security in the West Bank.

Relevant Companies

None found.