A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Industry and Security of the Department of Commerce relating to "One Year Suspension of Expansion of End-User Controls for Affiliates of Certain Listed Entities".

1) What happened and its current status: On March 5, 2026, Senator Warren (D-MA) introduced S.J. Res. 112, a joint resolution of disapproval under the Congressional Review Act targeting a Bureau of Industry and Security (BIS) rule published November 12, 2025. The rule would have implemented a one-year suspension of expanded end-user controls for affiliates of certain listed entities. On April 30, 2026, the Senate Committee on Banking, Housing, and Urban Affairs was discharged by petition, and the resolution was placed on the Senate Legislative Calendar (Calendar No. 403). The resolution is active but has not yet received a floor vote. 2) The money trail: This resolution authorizes zero dollars. It is a procedural disapproval action under 5 U.S.C. § 802(c). If enacted, it would nullify the BIS rule and restore the prior regulatory status quo regarding end-user controls for affiliates of listed entities. No funds are appropriated or authorized. 3) Structural winners and losers: The resolution's impact is entirely regulatory. If passed, it would prevent a one-year suspension of expanded end-user controls, meaning affiliates of certain listed entities would remain subject to stricter export licensing requirements. This would maintain existing compliance burdens for companies that export controlled items to or through affiliates of listed entities. However, the resolution is early-stage, has only Democratic sponsors (lead sponsor Warren, with 10 cosponsors including Kim, Wyden, Cortez Masto, Kaine, Merkley, Coons), and faces an uncertain path in a divided Congress. No specific publicly traded companies are directly named in the bill text, and the regulatory scope is narrow and procedural. 4) Market data: No real market data was provided for this event. The resolution has not moved markets and is unlikely to do so given its procedural nature and early legislative stage. 5) Timeline: The resolution must pass both chambers and be signed by the President to take effect. It currently awaits floor action in the Senate. Given the divided 119th Congress and the resolution's partisan sponsorship, passage is uncertain. The CRA process has a limited window for consideration, but no specific deadline is triggered by the current calendar placement.