Sec. 2. Findings
139 words·~1 min read·
/bill/115/hr/5394/ih/section-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Congress finds the following: Iran’s Qods Force, a special unit of Iran’s Revolutionary Guard Corps, remains Iran’s primary vehicle to conduct terrorism and destabilize its neighbors. Experts speculate that Iran’s Revolutionary Guard Corps controls between 20 and 40 percent of the Iranian economy. The Joint Comprehensive Plan of Action went into effect in January 2016, resulting in relief of sanctions for significant parts of the Iranian economy, with some direct benefit to Iran’s Revolutionary Guard Corps-linked Iranian entities.
As Iranian money flows into the international financial system as a result of relief of sanctions under the Joint Comprehensive Plan of Action, it is in the critical interest of the United States to support the ongoing work of the Financial Action Task Force in comprehending and deterring Iranian corruption, particularly Iran’s Revolutionary Guard Corps ownership, from infecting global financial systems.