House Bill 5132
115th Congress(2017-2018)
Iranian Revolutionary Guard Corps Economic Exclusion Act
Introduced
Introduced in House on Mar 1, 2018
Origin Chamber
House
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
5132
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 House 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.
March 1, 2018
03/07/2018
Referred to the Subcommittee on Trade.
03/01/2018
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Government Reform, the Judiciary, and Ways and Means, 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.
03/01/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:40:22 PM