December 31, 2015 | Quote

Congress Introduces Bipartisan Bills Targeting Iran’s Revolutionary Guards

New bills are being introduced in Congress with bipartisan support that would target the Islamic Revolutionary Guard Corps (IRGC), Iran’s powerful extraterritorial militia, preventing it from benefiting from the sanctions relief that was allowed as part of the nuclear deal with the Islamic Republic.

Proposals like the IRGC Sanctions Act, the Quarantining the Ayatollah’s State-Sponsored Aggression and Militancy (QASSAM) Act, the Iran Terror Finance Transparency Act, the IRGC Terrorist Designation Act,  and the Iran’s Revolutionary Guard Corps Sanctions Implementation and Review Act have been introduced by members of both parties in both Congressional chambers. Tyler Stapleton, Deputy Director of Congressional Relations for the Foundation for Defense of Democracies, and Emanuele Ottolenghi, a senior fellow at that think tank, wrote a policy brief on Monday that explains and different ways the bills would sanction he IRGC and label it a terrorist organization:

The bills call for, inter alia, designating the entire IRGC as a foreign terrorist organization (the IRGC Terrorist Designation Act) and creating an IRGC watch list to provide transparency for companies looking to invest in Iran (IRGC Sanctions Act). Under the QASSAM Act, Treasury would be required to lower the threshold for companies to be considered IRGC-owned or controlled, thereby bringing hundreds of front companies, shipping assets, and financial institutions under greater scrutiny.

The Iran’s Revolutionary Guard Corps Sanctions Implementation and Review Act would provide for more effective sanctions against the IRGC or any of its officials, agents, or affiliates to counter support for international terrorism and assistance to the Assad regime in Syria. Lastly, the IRGC Sanctions Act would limit licenses granted to entities that have business relationships with the Guard and impede efforts to remove Iran from the State Department’s list of state sponsors of terrorism until Congress approves such a move.

Read the full article here.