S. 3516 — Iranian Revolutionary Guard Corps Economic Exclusion Act

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.

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Related Legislation

H.R. 5132Iranian Revolutionary Guard Corps Economic Exclusion Act
2018-03-07Referred to the Subcommittee on Trade.
Related

Legislative Actions

2018-09-26
Introduced in Senate
2018-09-26
Read twice and referred to the Committee on Foreign Relations.

Iranian Revolutionary Guard Corps Economic Exclusion Act

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