S 3516
115th Congress
Senate
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Sanctions
Iranian Revolutionary Guard Corps Economic Exclusion Act
Introduced: September 26, 2018
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 26, 2018
Read twice and referred to the Committee on Foreign Relations.
Sep 26, 2018
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Foreign Relations.
Committees of jurisdiction
1