; or (B) the financial services are not provided in connection with a foreign person that engages in sanctionable activities. (2) Report Not later than 30 days after a report is submitted by the President under paragraph (1) with respect to a license, the Secretary of the Treasury shall transmit a copy of the license issued pursuant to the waiver to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate. (c) Sunset The provisions of this Act shall cease to have any force or effect on the earlier of— (1) the date that is 5 years after the date of enactment of this Act; or (2) the date that is 30 days after the Secretary of the Treasury reports in writing to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate, and makes such report publicly available, that–— (A) Iran is not a jurisdiction of primary money laundering concern; (B) Iran has ceased providing support for acts of international terrorism; or (C) terminating the provisions of this Act is necessary to permit the United States to comply with a treaty ratified by the United States.