Stop Corrupt Iranian Oligarchs and Entities Act
This bill requires the Treasury Department to produce a report within 180 days identifying Iranian political leaders and state-linked businesses (defined as entities with at least 25% Iranian state ownership and $2 billion+ in 2016 revenue), detailing their wealth, family connections, non-Iranian business ties, and links to U.S. financial sectors like banking and real estate. The report must assess potential impacts of sanctions on these entities, the Iranian economy, and U.S. economic interests. It will be submitted to specific congressional committees overseeing foreign affairs and finance.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 13, 2025
Last action Jan 13, 2025
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Full legislative history
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Total actions
2
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0
Committee
1
Jan 13, 2025
Committee
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
lower
Jan 13, 2025
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
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