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Iranian Revolutionary Guard Corps Economic Exclusion Act

Introduced: March 1, 2018 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

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

Plain-English summary Congressional Research Service

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.

What's happening now March 7, 2018

Referred to the Subcommittee on Trade.

Committees of jurisdiction 6