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Maintaining American Superiority by Improving Export Control Transparency Act

Bill Number
S. 744
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Foreign Trade and International Finance
Status
Introduced
Latest Action
2025-02-26: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2026-06-17T15:00:07Z

AI-Generated Summary

Purpose

The legislation, titled the "Maintaining American Superiority by Improving Export Control Transparency Act," aims to increase congressional oversight of U.S. export licenses and related activities involving sensitive foreign entities. It does this by requiring detailed annual reports on export control decisions, focusing on transparency without making most information publicly available.

Key Provisions

Significant Changes to Existing Law

This bill amends Section 1756 of the Export Control Reform Act of 2018 (50 U.S.C. 4815) by adding a new subsection (e). Previously, there was no mandatory annual reporting requirement specifically for export activities involving covered entities. The change introduces structured, detailed congressional reporting to enhance oversight of export controls, while maintaining confidentiality protections.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Banks, Jim [R-IN]

Cosponsors (1)

Sen. Warner, Mark R. [D-VA]

Recent Actions

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