Bill > HR4592

This bill, the Holding Iranian Leaders Accountable Act of 2021, requires the President to report annually for 2 years on financial institutions that maintain accounts or provide significant financial services to certain Iranian officials, such as the Supreme Leader, the President, and members of the Islamic Revolutionary Guard Corps (IRGC). The report must include the estimated total funds held by these officials and a list of the financial institutions involved. The President can exempt certain officials or institutions from the reporting requirements if the funds were primarily acquired legally or the institution has agreed to cooperate with the U.S. for national security or law enforcement purposes. The bill also allows the President to make the unclassified portion of the report public if doing so would promote objectives such as deterring corruption or combating the financing of terrorism in Iran.