Stop Corrupt Iranian Oligarchs and Entities Act

Bill 119 hr 348, also known as the "Report on Oligarchs and Parastatal Entities of Iran Act," is a piece of legislation introduced in the US Congress. The main purpose of this bill is to require a report on the oligarchs and parastatal entities of Iran.

Oligarchs are individuals who have significant wealth and influence in a particular country, often through their connections to the government or other powerful entities. Parastatal entities, on the other hand, are organizations that are owned or controlled by the government of a country, but operate independently in the market.

The bill aims to shed light on the individuals and entities in Iran who hold significant power and influence, particularly in the economic and political spheres. By requiring a report on these oligarchs and parastatal entities, the US government hopes to better understand the power structures in Iran and how they may impact US interests. In addition to requiring a report on these individuals and entities, the bill also includes provisions for other purposes. While the specifics of these provisions are not detailed in the summary, it is clear that the overall goal of the bill is to increase transparency and understanding of the power dynamics in Iran. Overall, Bill 119 hr 348 is a significant piece of legislation that aims to provide valuable insights into the individuals and entities who hold power in Iran. By requiring a report on these oligarchs and parastatal entities, the US government hopes to better navigate its relationship with Iran and protect its interests.