HR2958-118

Introduced

To provide for additional sanctions with respect to foreign persons that are officials, agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps.

118th Congress Introduced Apr 27, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill imposes short title This Act may be cited as the Closing IRGC Sanctions Loopholes Act, provides additional sanctions with respect to foreign persons that are officials, agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps Section 301(a) of the Iran Threat Reduction, and imposes identification of, and imposition of sanctions with respect to, foreign persons that are officials, agents or affiliates of, or owned or controlled by, iran’s revolutionary guard corps. It relies on trade restrictions, definition changes, appropriations, and reporting requirements. The main policy areas are Foreign Businesses, Foreign Policy, Criminal Justice, and Finance.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties, Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, and Immigrants, asylum seekers, and border communities affected by the bill could lose revenue opportunities.

Key Provisions

  • Imposes short title This Act may be cited as the Closing IRGC Sanctions Loopholes Act.
  • Provides additional sanctions with respect to foreign persons that are officials, agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps Section 301(a) of the Iran Threat Reduction...
  • Imposes identification of, and imposition of sanctions with respect to, foreign persons that are officials, agents or affiliates of, or owned or controlled by, iran’s revolutionary guard corps.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill imposes short title This Act may be cited as the Closing IRGC Sanctions Loopholes Act, provides additional sanctions with respect to foreign persons that are officials, agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps Section 301(a) of the Iran Threat Reduction, and imposes identification of, and imposition of sanctions with respect to, foreign persons that are officials, agents or affiliates of, or owned or controlled by, iran’s revolutionary guard corps.

Key Policy Areas

Foreign Businesses, Foreign Policy, Criminal Justice, Finance

Primary Purpose

The bill imposes short title This Act may be cited as the Closing IRGC Sanctions Loopholes Act, provides additional sanctions with respect to foreign persons that are officials, agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps Section 301(a) of the Iran Threat Reduction, and imposes identification of, and imposition of sanctions with respect to, foreign persons that are officials, agents or affiliates of, or owned or controlled by, iran’s revolutionary guard corps.

Policy Domains

Foreign Businesses Foreign Policy Criminal Justice Finance

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Public beneficiaries or protected communities affected by the clause: ,
Identified Costs
  • Foreign businesses and cross-border trade participants affected by the bill
  • Federal, state, or local agencies responsible for implementing the clause
  • Immigrants, asylum seekers, and border communities affected by the bill
  • Financial services firms and customers affected by the bill
  • Disaster response agencies and disaster-affected communities
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Financial services firms and customers affected by the bill:
Disaster response agencies and disaster-affected communities:
Immigrants, asylum seekers, and border communities affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:
Foreign businesses and cross-border trade participants affected by the bill: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Apr 27, 2023

Mr. Lamborn (for himself and Mr. Hern) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Businesses Foreign Policy Criminal Justice Finance

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology