Treasury would have to give Congress a report on powerful Iranian figures and major state-linked companies within 180 days. The report would map their wealth, ownership, and ties to U.S. financial sectors, and estimate what stronger sanctions might do. The bill itself does not impose new sanctions.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Stop Corrupt Iranian Oligarchs and Entities Act is a House bill in committee. The latest recorded action: 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.
Latest action on H.R. 348: 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.
Who this affects: This bill mainly affects U.S. policymakers who make sanctions and foreign policy decisions, because it gives them a deeper picture of powerful Iranian people and major state-linked firms. It also matters to banks, investors, insurers, and real estate businesses that could be reviewed for exposure to Iranian actors. Iranian elites, their close family members, and covered companies could face more scrutiny, even though the bill does not directly punish them.
Why this matters: This matters because Congress could use this report to shape future sanctions on powerful Iranian figures and large state-linked companies. Right now, policymakers may not have one clear picture of who holds wealth and power, how those people and firms connect to global business, and where U.S. markets may be exposed. The bill is meant to fill that gap. Its real-world effect depends on whether the United States later acts on the report with new sanctions or investment limits.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
Officially: Stop Corrupt Iranian Oligarchs and Entities Act
Treasury would have to give Congress a report on powerful Iranian figures and major state-linked companies within 180 days. The report would map their wealth, ownership, and ties to U.S. financial sectors, and estimate what stronger sanctions might do. The bill itself does not impose new sanctions.
Use this page to support, oppose, or ask Congress to amend HR348. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Foreign Affairs
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.
The debate
Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
Latest: 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. (1/13/2025)
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your House representative when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Stop Corrupt Iranian Oligarchs and Entities Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around HR348, your stance, and the reasons you choose, then lets you edit and send when ready.
