This bill would repeal the provision in the Jerusalem Embassy Act of 1995 that allows the president to waive, every 6 mos., the congressional directive to move the U.S. embassy in Israel from Tel Aviv to Jerusalem. It would also require the secretary of state to submit a report to Congress with estimates on the time and funding required to make the move.
See S. 11 of 1/3/17 for more on the proposed U.S. embassy move to Jerusalem.
See also: nearly identical bill H.R. 4718 of 12/21/17.