Senate Bill 3516
115th Congress(2017-2018)
Iranian Revolutionary Guard Corps Economic Exclusion Act
Introduced
Introduced in Senate on Sep 26, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3516
Congress
115
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
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.
September 26, 2018
09/26/2018
Read twice and referred to the Committee on Foreign Relations.
09/26/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:41:18 PM