Iranian Revolutionary Guard Corps Economic Exclusion Act

September 26, 2018
September 26, 2018
Referred to Senate (sub)committee

Like similar bill H.R. 5132 of 3/1/18, this bill would expand sanctions on Iran’s Revolutionary Guards Corps (IRGC) and increase congressional oversight on U.S. policy toward the group. Specifically, it would require the president to report to Congress on foreign and domestic supply chains that significantly aid the IRGC; any Iranian state-owned entities, such as Mahan Air, that support terrorist groups; and any companies worth more than $100 m. that are also owned or controlled by the IRGC. It would also state Congress’s opposition to Iran’s membership in the World Trade Organization so long as Iran is officially designated a state sponsor of terror.

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