SANCTIONS in the West Bank Act

This bill codifies and reinstates U.S. sanctions targeting individuals or entities undermining peace, security, and stability in the West Bank, as defined under Executive Order 14115. It directly affects persons engaged in activities that violate these sanctions, including those previously subject to revoked sanctions under Executive Order 14148. Key mechanisms require the President to notify specific congressional committees (Foreign Relations and Banking committees in the Senate, Foreign Affairs and Financial Services in the House) at least 15 days before lifting sanctions, unless exigent circumstances apply, and only after verifying the person has stopped the prohibited activity and provided assurances against future violations. The bill ensures these sanctions remain in effect unless formally terminated through this defined congressional oversight process.