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HR 931 118th Congress House International Affairs

Stop Corrupt Iranian Oligarchs and Entities Act

Introduced: February 9, 2023 Introduced by: Kustoff, David Republican · Tennessee See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 9, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
Feb 9, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Stop Corrupt Iranian Oligarchs and Entities Act

This bill directs the Department of the Treasury to report to Congress on Iranian individuals and parastatal entities that have close relationships with the Iranian government. The report must include information regarding (1) their known sources of income, (2) their indices of corruption, (3) their involvement in key U.S. economic sectors, (4) the structures and ownership of the parastatal groups, and (5) the potential effects of imposing sanctions on these entities and individuals.

For the purposes of this bill, an Iranaian parastatal entity is one (1) in which Iranian state ownership is at least 25%, and (2) that had revenues of at least $2 billion in 2016.

What's happening now February 9, 2023

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2