,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #hdci  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bj1 #bjbb,mr4 
,bacon introduced the following bill2   
which was referred to the ,committee on 
,foreign ,affairs1 and in addition to   
the ,committee on ,rules1 for a period  
to be subsequently determined by the    
,speaker1 in each case for consideration
 of such provisions as fall within the  
jurisdiction of the committee concerned 
,a ,,bill  ,to modify the requirements  
of congressional review and oversight of
 agreements with ,iran4  #a4 ,short     
title ,the ,act may be cited as the     
,,inara ,reforms ,act4  #b4             
,modification of congressional review   
and oversight of agreements with ,iran  
7a7 ,period for review ,subsection 7b7  
of section #ace of the ,atomic ,energy  
,act of #aied 7#db ,u4,s4,c4 #bafj;e7 is
 amended-- 7#a7 in paragraph 7#a71 by   
striking #cj and inserting #fj2 and     
7#b7 by striking paragraph 7#b74  7b7   
,congressional oversight ,subsection 7d7

 of such section is amended-- 7#a7 in   
paragraph 7#e71 by adding at the end the
 following3  7,c7 ,department of the    
,treasury reports  7i7 ,initial reports 
,not later than #ae days after          
submission of an agreement described in 
subsection 7a71 the ,secretary of the   
,treasury shall submit to the           
appropriate congressional committees a  
report describing the estimated         
financial benefit to ,iran from the     
agreement1 including the immediate      
financial benefit to ,iran in the form  
of access to frozen currency reserves1  
and an estimate of the one-year and     
five-year impacts to ,iran's economy as 
a result of sanctions lifted4 ,this     
estimate should include a comparison of 
projected ,,gdp growth broken down by   
government expenditures1 export and     
import revenue1 and investments4  7ii7  
,subsequent reports ,not later than #cfj
 days after the submission of an        
agreement described in subsection 7a7   
and annually thereafter for a period of 

five years1 the ,secretary of the       
,treasury1 in coordination with the     
,secretary of ,state1 shall submit to   
the appropriate congressional committees
 a report describing trends and changes 
in ,iran's government spending from the 
prior year4 ,this report should include 
an unclassified estimate of ,iran's     
expenditures on the ,islamic ,revolution
 ,guard ,corps1 the ,basij1 overall     
military spending1 and aggregate support
 to military proxies including          
,hezbollah1 ,hamas1 and ,houthi         
militias4  2 and  7#b7 in paragraph     
7#f71 by inserting after ,after the     
review period provided in subsection    
7b71 the following3 and regardless of   
the ,united ,states' participation in   
any such agreement described in this    
provision of law14  7c7 ,extension of   
legislative snapback window ,subsection 
7e77#a77;,a7 of such section is amended 
by striking #8#8#fj calendar days'' and 
inserting #8#8#ij calendar days''4  7d7 
,definitions ,subsection 7h77#a7 of such

 section is amended by adding at the end
 the following3 ,the term agreement     
shall be construed to mean an agreement 
regardless of whether a similar         
agreement has already been submitted to 
,congress subject to this provision of  
law or whether this agreement is seeking
 the re-implementation of a previous    
agreement44