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S.2642 · 119TH CONGRESS

SEIZE Act

Status
In Committee
Latest Action
2025-08-01
Sponsor
Budd, Ted (R-North Carolina)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
2
Full Text
2,503 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2025-08-01
Introduced in Senate
2025-08-01
Read twice and referred to the Committee on Foreign Relations.

Frequently Asked Questions

Did S.2642 pass?
S.2642 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored S.2642?
S.2642 was sponsored by Ted Budd (R-North Carolina).

Full Bill Text

119 S2642 IS: Seized Iranian Arms Transfer Authorization Act of 2025 U.S. Senate 2025-08-01 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 2642 IN THE SENATE OF THE UNITED STATES August 1, 2025 Mr. Budd (for himself and Mr. Kelly ) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations A BILL To authorize the President to treat as stocks of the United States any weapon or materiel seized by the United States while in transit from the Islamic Republic of Iran to the Houthis in the Republic of Yemen. 1. Short title This Act may be cited as the Seized Iranian Arms Transfer Authorization Act of 2025 or the SEIZE Act . 2. Disposition of weapons and materiel in transit from Iran to Houthis in Yemen (a) Disposition of weapons and materiel The President may treat as stocks of the United States any weapon or materiel seized by the United States while in transit from the Islamic Republic of Iran to the Houthis in the Republic of Yemen. (b) Drawdown authority Section 506(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2318(a) ) is amended by adding at the end the following new paragraph: (4) In addition to amounts otherwise specified in this section, the President may direct the drawdown of weapons and materiel treated as stocks of the United States, seized pursuant to section 2(a) of the Seized Iranian Arms Transfer Authorization Act of 2025 , to be provided to foreign partners. . (c) Report Not later than 180 days after the date of the enactment of this Act, and annually thereafter, the President shall submit to the appropriate committees of Congress a report that includes the following: (1) The number of times the President exercised the authority under subsection (a). (2) An inventory of the weapons and materiel treated as United States stocks pursuant to such authority. (3) An inventory of the weapons and materiel provided to foreign partners pursuant to the authority provided in paragraph (4) of section 506(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2318(a) ). (d) Appropriate committees of Congress defined In this section, the term appropriate committees of Congress means— (1) the Committee on Armed Services and the Committee on Foreign Relations of the Senate; and (2) the Committee on Armed Services and the Committee on Foreign Affairs of the House of Representatives.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-10-12. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]