,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #dfgf  ,,in ,,the ,,house ,,of  
,,representatives  ,december #ah1       
#bjag,mr4 ,mc,caul introduced the       
following bill2 which was referred to   
the ,committee on ,foreign ,affairs  ,a 
,,bill  ,to direct the ,secretary of the
 ,treasury to prescribe regulations to  
expand sanctions against persons owned  
or controlled by ,iran's ,revolutionary 
,guard ,corps1 and for other purposes4  
#a4 ,short title ,this ,act may be cited
 as the ,expanding ,sanctions ,against  
,iran's ,revolutionary ,guard ,corps    
,act4  #b4 ,findings and sense of       
,congress  7a7 ,findings ,congress finds
 the following3  7#a7 ,iran's           
,revolutionary ,guard ,corps has been   
designated under-- 7,a7 ,executive      
,order #acbbd 7,september #bc1 #bjja2   
relating to ,blocking ,property and     
,prohibiting ,transactions with ,persons
 who ,commit1 ,threaten to ,commit1 or  
,support ,terrorism72  7,b7 ,executive  
,order #acchb 7,june #bh1 #bjje2        

relating to ,blocking ,property of      
,weapons of ,mass ,destruction          
,proliferators and ,their ,supporters72 
7,c7 ,executive ,order #aceec           
7,september #bh1 #bjaj2 relating to     
,blocking ,property of ,certain ,persons
 ,with ,respect to ,serious ,human      
,rights ,abuses by the ,government of   
,iran and ,taking ,certain ,other       
,actions72 and  7,d7 ,executive ,order  
#acfjf 7,april #bb1 #bjab2 relating to  
,blocking the ,property and ,suspending 
,entry ,into the ,united ,states of     
,certain ,persons ,with ,respect to     
,grave ,human ,rights ,abuses by the    
,governments of ,iran and ,syria via    
,information ,technology74  7#b7 ,iran's
 ,revolutionary ,guard ,corps controls a
 significant portion of ,iran's economy1
 and whose income makes it one of       
,iran's most powerful economic actors4  
7#c7 ,iran's ,revolutionary ,guard      
,corps benefits from limited economic   
transparency1 as demonstrated by ,iran's
 continued failure to meet its          

intergovernmental ,financial ,action    
,task ,force commitments4  7#d7 ,iran's 
,revolutionary ,guard ,corps carries out
 ,iran's destabilizing political goals  
across the ,middle ,east and by proxy   
worldwide4  7b7 ,sense of ,congress ,it 
is the sense of ,congress that-- 7#a7   
persons who are owned or controlled by  
,iran's ,revolutionary ,guard ,corps    
should be subject to a #be-percent      
beneficial ownership threshold rather   
than majority ownership threshold with  
respect to blocking property or         
interests in property of such persons2  
and  7#b7 such expanded sanctions would 
generate greater public scrutiny and    
enhanced due diligence procedures by the
 private sector and others4  #c4        
,regulations to expand sanctions against
 persons owned or controlled by ,iran's 
,revolutionary ,guard ,corps  7a7 ,in   
general ,not later than #ij days after  
the date of the enactment of this ,act1 
the ,secretary of the ,treasury shall   
prescribe regulations to apply the      

definition of own or control described  
in subsection 7b7 for purposes of       
blocking property or interests in       
property pursuant to the ,international 
,emergency ,economic ,powers ,act 7#ej  
,u4,s4,c4 #agja et seq47 of persons who 
are owned or controlled by ,iran's      
,revolutionary ,guard ,corps4  7b7      
,definition of own or control ,the term 
own or control described in this        
subsection means1 with respect to a     
person-- 7#a7 to hold more than #be     
percent of the equity interest by vote  
or value in the person2  7#b7 to hold a 
majority of seats on the board of       
directors of the person2 or  7#c7 to    
otherwise control the actions1 policies1
 or personnel decisions of the person4  
7c7 ,penalties ,a person that violates1 
attempts to violate1 conspires to       
violate1 or causes a violation of       
subsection 7a7 or any regulation1       
license1 or order issued to carry out   
subsection 7a7 shall be subject to the  
penalties set forth in subsections 7b7  

and 7c7 of section #bjf of the          
,international ,emergency ,economic     
,powers ,act 7#ej ,u4,s4,c4 #agje7 to   
the same extent as a person that commits
 an unlawful act described in subsection
 7a7 of that section4