§8741 Identification of, and imposition of sanctions with respect to, officials, agents, and affiliates of Iran’s Revolutionary Guard Corps

Summary

The President must, within 90 days after August 10, 2012 and after that when needed, identify foreign people who are officials, agents, or affiliates of Iran’s Revolutionary Guard Corps. For any such person not already covered by sanctions under the International Emergency Economic Powers Act (IEEPA), the President must add them to IEEPA sanctions and freeze or block all their property and interests in property if the property is in the United States, comes into the United States, or is held or controlled by a U.S. person. The President should first look at people or entities listed under 31 C.F.R. 560.304 (about the Government of Iran) and at people who likely did certain “sensitive” activities, including financial deals over $1,000,000 in any 12‑month period with non‑Iranian banks; transactions that help Iran develop nuclear, chemical, biological, or advanced weapons or missiles; deals tied to Iran’s energy or petrochemical sectors (like oil exports, refined petroleum imports to Iran, or building refining capacity); and procurement of sensitive technologies (see section 8515(c)). The Secretary of State must deny visas and the Secretary of Homeland Security must exclude from the United States any alien designated under these rules on or after August 10, 2012, subject to presidential regulations and exceptions needed to follow the U.N. Headquarters Agreement (signed June 26, 1947, in force November 21, 1947) and other international obligations. The President may waive the sanctions or visa bans if doing so is vital to U.S. national security, but must report the waiver, naming the person and reasons, to the appropriate congressional committees; the report must be unclassified but may include a classified annex. Nothing here removes any U.S. sanction on the Revolutionary Guard that was already in force on August 10, 2012.