PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Foreign Affairs.
Congressional Research Service
Version 00 · Introduced in House · Dec 18, 2017
Expanding Sanctions Against Iran's Revolutionary Guard Corps Act
This bill expresses the sense of Congress that: (1) persons who are owned or controlled by Iran's Revolutionary Guard Corps (IRGC) should be subject to a 25% beneficial ownership threshold rather than majority ownership threshold with respect to blocking property or property interests, and (2) such expanded sanctions would generate enhanced due diligence procedures by the private sector and others.
For purposes of this bill, a person "owns or controls" property if the person: (1) holds more than 25% of the equity interest by vote or value in the person; (2) holds a majority of seats on the board of directors of the person; or (3) otherwise controls the actions, policies, or personnel decisions of the person.
The Department of the Treasury shall prescribe regulations to apply the definition of "own or control" for purposes of blocking property or interests in property of persons who are owned or controlled by the IRGC.
People & committees
Rep. McCaul, Michael T. [R-TX-10] · R–TX
Legislative record
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Referred to the House Committee on Foreign Affairs.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 11, 2025. Consult Congress.gov for the current record.
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