(VOVworld) - The US House Foreign Affairs Committee on Thursday approved a bill that will give Congress greater oversight of the nuclear deal with Iran.

U.S. Secretary of State John Kerry (Photo: Eduardo Munoz/Reuters)

The “Iran Terror Finance Transparency Act” will bar the removal of certain individuals and foreign financial institutions from black list of the Treasury Department until the president proves to Congress that they weren't involved in Iran's ballistic missiles program or terrorist activities.

The bill targets more than 50 individuals and entities included in an attachment to the nuclear deal that also are on Treasury's "Specially Designated Nationals" list. They were added to the list for financing terrorism, committing human rights abuses, or weapons proliferation.

The passage comes as the US is poised to begin lifting sanctions against Iran, possibly as early as this month, as Tehran fulfills its obligations under the July 14 agreement.

US Secretary of State John Kerry told reporters that the implementation of this deal will likely be realized in a few coming days if everything goes as scheduled. He said he had received a commitment from his Iranian counterpart Mohammad Javad Zarif to soon fulfilling it.