S. 3516 · 115th Congress
Iranian Revolutionary Guard Corps Economic Exclusion Act
- Stage
- In committee
- Sponsor
- Orrin Hatch
- Introduced
- 2018-09-26
- Latest action
- 2018-09-26 · Introduced in Senate
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.