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H.R. 8289: BIS Licensing Efficiency Act of 2026

119th Congress · introduced 2026-04-15 · Foreign Trade and International Finance · Latest: Ordered to be Reported by the Yeas and Nays: 44 - 0.

federal

What does this mean?

Official title

BIS Licensing Efficiency Act of 2026

Plain summary

BIS Licensing Efficiency Act of 2026 This bill establishes a timeline for the Department of Commerce's Bureau of Industry and Security (BIS) to make decisions on applications for export licenses and establishes certain reporting requirements. Specifically, the bill directs BIS to make a decision on whether to approve an application for an export license and notify the applicant of the decision within 90 days of receiving the application. If no licensing decision is made within 120 days of submission of the application, BIS must notify the applicant of the status of the application, the reason a decision has not been made, and request any additional information necessary to make a decision. BIS must submit quarterly reports to specified congressional committees on the processing of license applications and other requests for authorization for the export, reexport, release, and in-country transfer of controlled items. The bill also requires the Government Accountability Office to audit and report to specified congressional committees on the license review process of BIS.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

BIS Licensing Efficiency Act of 2026

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Officials and money

Sponsor: Rep. Meeks, Gregory W. [D-NY-5] · 3 cosponsors

Money: CBO cost estimate: H.R. 8289, BIS Licensing Efficiency Act of 2026 (2026-05-20) No linked contracts or vendors yet.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr8289 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills