What does Preamble of NOPE Act do?

This bill aims to nullify Iran-related General License U. General License U authorizes the delivery and sale of crude oil and petroleum products of Iranian origin loaded on vessels as of March 20, 2026. The bill is referred to the Committee on Foreign Affairs and the Committee on the Judiciary.

What does SHORT TITLE. of NOPE Act do?

This bill is formally titled the 'No Oil Profiteering to Enrich Iran Act' or the 'NOPE Act'.

What does NULLIFICATION OF IRAN-RELATED GENERAL LICENSE U. of NOPE Act do?

This section nullifies Iran-related General License U, which authorized the delivery and sale of Iranian crude oil and petroleum products. The nullification takes effect on the date of the Act's enactment. The Secretary of Treasury is prohibited from authorizing transactions related to the sale, delivery, or offloading of Iranian crude oil or petroleum products that would otherwise be prohibited by law.

What does IMPOSITION OF SANCTIONS. of NOPE Act do?

This section mandates the imposition of sanctions by the President within 30 days of the Act's enactment against Iranian persons engaged in oil and gas extraction, refinement, production, or maritime transportation. The sanctions include asset blocking, preventing transactions involving the person's property within the U.S. or under U.S. control. Aliens known to be involved in the specified activities are deemed inadmissible to the United States and ineligible for visas or other entry documentation. Existing visas for such aliens may be revoked immediately, canceling any other valid visas they possess. Exceptions exist for admitting aliens necessary to comply with international obligations, providing humanitarian assistance, and for authorized intelligence, law enforcement, or national security activities. The President has authority to implement these sanctions using powers granted under the International Emergency Economic Powers Act. Penalties for violating regulations implementing this section align with those outlined in the International Emergency Economic Powers Act.

What does REPORT ON IRANIAN OIL. of NOPE Act do?

This section mandates reports on the impact of the Strait of Hormuz closure on Iranian oil. The Secretary of State, consulting with other agencies, must submit these reports to specified congressional committees. Reports are due within 30 days of the Act's enactment and every 60 days thereafter for three years. Each report must analyze the impact of General License U and its extensions on Iranian oil exports. The analysis must include data on export volumes, sale prices, government revenue, and oil production levels. The 'appropriate congressional committees' are defined as the Senate Foreign Relations and Energy and Natural Resources Committees, and the House Foreign Affairs and Energy and Commerce Committees.

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NOPE Act

Last updated: 4/9/2026 · Introduced: 4/9/2026

Author: George Latimer (D-NY)

TL;DR (AI)

This bill rescinds General License U, which previously allowed the sale of Iranian crude oil and petroleum products after March 20, 2026.
The bill imposes sanctions on Iranian individuals and entities involved in oil and gas activities, including asset blocking and restrictions on U.S. entry.
It requires regular reports to Congress analyzing the impact of General License U and potential disruptions to Iranian oil exports, particularly concerning the Strait of Hormuz.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 3 more.

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