Summary: H.R.5132 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5132. Bill summaries are authored by CRS.

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Introduced in House (03/01/2018)

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.