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H.R. 4312: Iran's Revolutionary Guard Corps Sanctions Implementation and Review Act

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H.R. 4312: Iran's Revolutionary Guard Corps Sanctions Implementation and Review Act

114th Congress · introduced 2015-12-18 · International Affairs · Latest: Referred to the Subcommittee on Trade.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-12-18 · official record
  2. Who proposed it: Rep. Sherman, Brad [D-CA-30] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Trade. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Iran's Revolutionary Guard Corps Sanctions Implementation and Review Act

Plain summary

Iran's Revolutionary Guard Corps Sanctions Implementation and Review Act This bill amends the Iran Threat Reduction and Syrian Human Rights Act of 2012 to require the President to block and prohibit all transactions in property and property interests of a foreign person that knowingly supports or conducts certain transactions with Iran's Revolutionary Guard Corps (IRGC) or other sanctioned persons if that property and those property interests are in the United States, come within the United States, or are or come within the possession or control of a U.S. person. The President may issue licenses to U.S. persons to engage in such property transactions with an otherwise blocked foreign person. The Government Accountability Office (GAO) shall report annually to the President and Congress on all foreign persons not currently subject to such sanctions that, within the preceding three years, have been reported to have conducted transactions or have provided material support to the IRGC or any of its agents or affiliates. The President shall: review an identified foreign person to determine whether there is sufficient evidence to impose sanctions; and if so, include that person on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury and impose sanctions. The Securities Exchange Act of 1934 is amended to require securities issuers to report to the Securities and Exchange Commission any financial transactions with a foreign person identified in the most recent GAO report before the commencement of the transaction or dealing.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Iran's Revolutionary Guard Corps Sanctions Implementation and Review Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Sherman, Brad [D-CA-30] · 5 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Grace Meng (D-NY), Randy K. Weber, Sr. (R-TX)

Sponsor's campaign money: Rep. Sherman, Brad [D-CA-30] reported raising $2.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr4312 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114