Congress 115 - HR 5132 - Iranian Revolutionary Guard Corps Economic Exclusion Act

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Summary

Iranian Revolutionary Guard Corps Economic Exclusion Act

This bill expands sanctions against Iran's Islamic Revolutionary Guard Corps (IRGC).

The President shall report to Congress regarding:

foreign and domestic supply chains that significantly aid the IRGC;
Iranian state-owned entities that provide support to terrorist entities, including Mahan Air; and
foreign persons owned or controlled by the IRGC, including companies listed on the Tehran Stock Exchange or companies with a value in excess of $100 million.

The bill states that it is U.S. policy to prevent Iran's membership in the World Trade Organization and similar international bodies as long as Iran remains a state sponsor of terrorism.

Actions

Mar 7, 2018

Referred to the Subcommittee on Trade.
Mar 1, 2018

Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Government Reform, the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 1, 2018

Introduced in House

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