BIS Licensing Efficiency Act of 2026

This bill aims to improve the efficiency and transparency of export license processing by the Bureau of Industry and Security at the Department of Commerce. It requires the agency to make licensing decisions within 90 days of receiving an application and mandates notifications to applicants if a decision is delayed beyond 120 days. The legislation also establishes quarterly reports to Congress detailing license application statistics, processing times, and reasons for delays, while directing the Government Accountability Office to conduct an audit of the current licensing process.