II
119THCONGRESS
1
STSESSION S. 1241
To impose sanctions and other measures with respect to the Russian Federa-
tion if the Government of the Russian Federation refuses to negotiate
a peace agreement with Ukraine, violates any such agreement, or initiates
another military invasion of Ukraine, and for other purposes.
IN THE SENATE OF THE UNITED STATES
APRIL1 (legislative day, MARCH31), 2025
Mr. G
RAHAM(for himself, Mr. BLUMENTHAL, Mr. SULLIVAN, Mr. DURBIN,
Mrs. B
RITT, Mr. WHITEHOUSE, Mr. YOUNG, Mr. KING, Mr. RICKETTS,
Mr. K
AINE, Mr. CRAMER, Ms. KLOBUCHAR, Mr. CURTIS, Mr. SCHATZ,
Mr. C
OTTON, Ms. HASSAN, Mrs. FISCHER, Ms. ALSOBROOKS, Ms.
E
RNST, Ms. HIRONO, Mr. WICKER, Mrs. SHAHEEN, Mr. TILLIS, Mr.
W
ELCH, Mr. MULLIN, Mr. COONS, Mr. SHEEHY, Mrs. GILLIBRAND, Ms.
M
URKOWSKI, Mr. KELLY, Mr. HUSTED, Ms. SLOTKIN, Mr. GRASSLEY,
Mr. H
ICKENLOOPER, Mr. CORNYN, Mr. BENNET, Mrs. CAPITO, Mr.
G
ALLEGO, Mr. HOEVEN, Mr. FETTERMAN, Mr. BOOZMAN, Mr. VANHOL-
LEN, Mr. LANKFORD, Mr. HEINRICH, Mr. SCOTTof Florida, Mr. SCHIFF,
Mr. J
USTICE, Ms. WARREN, Mr. DAINES, Mr. REED, Mr. KENNEDY, and
Mr. B
ARRASSO) introduced the following bill; which was read twice and
referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To impose sanctions and other measures with respect to
the Russian Federation if the Government of the Russian
Federation refuses to negotiate a peace agreement with
Ukraine, violates any such agreement, or initiates an-
other military invasion of Ukraine, and for other pur-
poses.
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Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 3
(a) S
HORTTITLE.—This Act may be cited as the 4
‘‘Sanctioning Russia Act of 2025’’. 5
(b) T
ABLE OFCONTENTS.—The table of contents for 6
this Act is as follows: 7
Sec. 1. Short title; table of contents.
Sec. 2. Sense of Congress.
Sec. 3. Definitions.
Sec. 4. Covered determination.
Sec. 5. Imposition of sanctions on certain persons affiliated with or supporting
the Government of the Russian Federation.
Sec. 6. Imposition of sanctions with respect to financial institutions affiliated
with the Government of the Russian Federation.
Sec. 7. Imposition of sanctions with respect to other entities owned by or affili-
ated with the Government of the Russian Federation.
Sec. 8. Prohibition on transfers of funds involving the Russian Federation.
Sec. 9. Prohibition on listing or trading of Russian entities on United States
securities exchanges.
Sec. 10. Prohibition on investments by United States financial institutions that
benefit the Government of the Russian Federation.
Sec. 11. Prohibition on energy exports to, and investments in energy sector of,
the Russian Federation.
Sec. 12. Prohibition on purchases of sovereign debt of the Russian Federation
by United States persons.
Sec. 13. Prohibition on provision of services to sanctioned financial institutions
by international financial messaging systems.
Sec. 14. Prohibition on importing, and sanctions with respect to, uranium from
the Russian Federation.
Sec. 15. Increases in duties on goods and services imported from the Russian
Federation.
Sec. 16. Imposition of CAATSA sanctions.
Sec. 17. Duties on countries that purchase Russian-origin oil, uranium, and pe-
troleum products.
Sec. 18. Exceptions.
Sec. 19. Implementation; penalties.
Sec. 20. Termination authority; reimposition of sanctions.
SEC. 2. SENSE OF CONGRESS.
8
It is the sense of Congress that— 9
(1) if the Government of the Russian Federa-10
tion is refusing to engage in good faith negotiations 11
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for a lasting peace with Ukraine, the Russian Fed-1
eration should be subject to maximum sanctions as 2
allowed under United States law; and 3
(2) in order to prevent another military inva-4
sion or act that undermines the sovereignty of 5
Ukraine following a negotiated peace, it should be 6
the policy of the United States to provide sustain-7
able levels of security assistance to Ukraine to pro-8
vide a credible defensive and deterrent capability. 9
SEC. 3. DEFINITIONS. 10
In this Act: 11
(1) A
CCOUNT; CORRESPONDENT ACCOUNT ; PAY-12
ABLE-THROUGH ACCOUNT .—The terms ‘‘account’’, 13
‘‘correspondent account’’, and ‘‘payable-through ac-14
count’’ have the meanings given those terms in sec-15
tion 5318A of title 31, United States Code. 16
(2) A
DMISSION; ADMITTED; ALIEN.—The terms 17
‘‘admission’’, ‘‘admitted’’, and ‘‘alien’’ have the 18
meanings given those terms in section 101 of the 19
Immigration and Nationality Act (8 U.S.C. 1101). 20
(3) A
RMED FORCES OF THE RUSSIAN FEDERA -21
TION.—The term ‘‘Armed Forces of the Russian 22
Federation’’ includes— 23
(A) the Aerospace Forces of the Russian 24
Federation; 25
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(B) the Airborne Forces of the Russian 1
Federation; 2
(C) the Ground Forces of the Russian 3
Federation; 4
(D) the Navy of the Russian Federation; 5
(E) the Special Operations Command of 6
the Russian Federation; 7
(F) the Strategic Rocket Forces of the 8
Russian Federation; 9
(G) the General Staff of the Armed Forces 10
of the Russian Federation; 11
(H) the Main Directorate of the General 12
Staff of the Armed Forces of the Russian Fed-13
eration; and 14
(I) any successor entities or proxies of the 15
entities described in subparagraphs (A) through 16
(H). 17
(4) C
OVERED DETERMINATION .—The term 18
‘‘covered determination’’ means a determination by 19
the President as described in section 4. 20
(5) C
RITICAL INFRASTRUCTURE .— 21
(A) I
N GENERAL.—The term ‘‘critical in-22
frastructure’’, with respect to Ukraine, means 23
systems and assets, whether physical or virtual, 24
so vital to Ukraine that the incapacity or de-25
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struction of such systems and assets would have 1
catastrophic regional or national effects on pub-2
lic health or safety, economic security, or na-3
tional security. 4
(B) I
NCLUDED SECTORS .—The term ‘‘crit-5
ical infrastructure’’ includes assets in the fol-6
lowing sectors: 7
(i) Biotechnology. 8
(ii) Chemical. 9
(iii) Commercial facilities. 10
(iv) Communications. 11
(v) Critical manufacturing. 12
(vi) Dams. 13
(vii) Defense industrial base. 14
(viii) Emergency services. 15
(ix) Energy. 16
(x) Financial services. 17
(xi) Food and agriculture. 18
(xii) Government facilities. 19
(xiii) Healthcare and public health. 20
(xiv) Information technology. 21
(xv) Materials and waste. 22
(xvi) Nuclear reactors. 23
(xvii) Space. 24
(xviii) Transportation systems. 25
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(xix) Water and wastewater systems. 1
(6) F
INANCIAL INSTITUTION.—The term ‘‘fi-2
nancial institution’’ means a financial institution 3
specified in subparagraph (A), (B), (C), (D), (E), 4
(F), (G), (H), (I), (J), (M), or (Y) of section 5
5312(a)(2) of title 31, United States Code. 6
(7) F
OREIGN PERSON.—The term ‘‘foreign per-7
son’’ means an individual or entity that is not a 8
United States person. 9
(8) K
NOWINGLY; KNOWS.—The terms ‘‘know-10
ingly’’ and ‘‘knows’’, with respect to conduct, a cir-11
cumstance, or a result, means that a person had ac-12
tual knowledge, or should have known, of the con-13
duct, the circumstance, or the result. 14
(9) M
ILITARY INVASION.—The term ‘‘military 15
invasion’’ includes— 16
(A) a ground operation or assault; 17
(B) an amphibious landing or assault; 18
(C) an airborne operation or air assault; 19
(D) an aerial bombardment or blockade; 20
(E) missile attacks, including rockets, bal-21
listic missiles, cruise missiles, and hypersonic 22
missiles; 23
(F) a naval bombardment or armed block-24
ade; 25
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(G) a cyber attack; and 1
(H) an attack by a country on any terri-2
tory controlled or administered by any other 3
independent, sovereign country, including off-4
shore islands controlled or administered by that 5
country. 6
(10) U
NITED STATES PERSON .—The term 7
‘‘United States person’’ means— 8
(A) a United States citizen or an alien law-9
fully admitted for permanent residence to the 10
United States; or 11
(B) an entity organized under the laws of 12
the United States or any jurisdiction within the 13
United States, including a foreign branch of 14
such an entity. 15
SEC. 4. COVERED DETERMINATION. 16
(a) I
NGENERAL.—Not later than 15 days after the 17
date of the enactment of this Act, and every 90 days there-18
after, the President shall determine if any of the following 19
actors has engaged, is engaging, or is planning to engage 20
in an act described in subsection (b): 21
(1) The Government of the Russian Federation. 22
(2) Any proxy of the Government of the Rus-23
sian Federation. 24
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(3) Any individual or entity controlled by or 1
acting at the direction of the Government of the 2
Russian Federation. 3
(4) Any person described in section 5 or 6. 4
(b) A
CTSDESCRIBED.—An act described in this sub-5
section is any of the following: 6
(1) Refusing to negotiate a peace agreement 7
with Ukraine. 8
(2) Violating any negotiated peace agreement. 9
(3) Initiating another military invasion of 10
Ukraine. 11
(4) Overthrowing, dismantling, or seeking to 12
subvert the Government of Ukraine. 13
SEC. 5. IMPOSITION OF SANCTIONS ON CERTAIN PERSONS 14
AFFILIATED WITH OR SUPPORTING THE GOV-15
ERNMENT OF THE RUSSIAN FEDERATION. 16
(a) I
NGENERAL.—Not later than 15 days after mak-17
ing a covered determination, and every 90 days thereafter, 18
the President shall— 19
(1) impose the sanctions described in subsection 20
(c) with respect to the persons described in sub-21
section (b); and 22
(2) prohibit any United States person from en-23
gaging in any transaction with a person described in 24
subsection (b). 25
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(b) PERSONSDESCRIBED.—The persons described in 1
this subsection are the following: 2
(1) The following officials of the Government of 3
the Russian Federation: 4
(A) The President of the Russian Federa-5
tion. 6
(B) The Prime Minister of the Russian 7
Federation. 8
(C) The Minister of Defense of the Rus-9
sian Federation. 10
(D) The Chief of the General Staff of the 11
Armed Forces of the Russian Federation. 12
(E) The Deputy Ministers of Defense of 13
the Russian Federation. 14
(F) The Commander-in-Chief of the Land 15
Forces of the Russian Federation. 16
(G) The Commander-in-Chief of the Aero-17
space Forces of the Russian Federation. 18
(H) The Commander of the Airborne 19
Forces of the Russian Federation. 20
(I) The Commander-in-Chief of the Navy 21
of the Russian Federation. 22
(J) The Commander of the Strategic Rock-23
et Forces of the Russian Federation. 24
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(K) The Commander of the Special Oper-1
ations Forces of the Russian Federation. 2
(L) The Commander of Logistical Support 3
of the Armed Forces of the Russian Federation. 4
(M) The commanders of the Russian Fed-5
eration military districts. 6
(N) The Minister of Foreign Affairs of the 7
Russian Federation. 8
(O) The Minister of Transport of the Rus-9
sian Federation. 10
(P) The Minister of Finance of the Rus-11
sian Federation. 12
(Q) The Minister of Industry and Trade of 13
the Russian Federation. 14
(R) The Minister of Energy of the Russian 15
Federation. 16
(S) The Minister of Agriculture of the 17
Russian Federation. 18
(T) The Director of the Foreign Intel-19
ligence Service of the Russian Federation. 20
(U) The Director of the Federal Security 21
Service of the Russian Federation. 22
(V) The Director of the Main Directorate 23
of the General Staff of the Armed Forces of the 24
Russian Federation. 25
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(W) The Director of the National Guard of 1
the Russian Federation. 2
(X) The Federal Guard Service of the Rus-3
sian Federation. 4
(2) Any foreign person that— 5
(A) knowingly sells, supplies, transfers, 6
markets, or provides defense articles, equip-7
ment, goods, services, technology, or materials 8
to the Armed Forces of the Russian Federation; 9
(B) knowingly conducts a transaction with 10
the Armed Forces of the Russian Federation; 11
(C) has engaged in or attempted to engage 12
in activities that— 13
(i) materially undermine the military 14
readiness of Ukraine; 15
(ii) seek to overthrow, dismantle, or 16
subvert the Government of Ukraine; 17
(iii) debilitate the critical infrastruc-18
ture of Ukraine; 19
(iv) debilitate cybersecurity systems 20
through malicious electronic attacks or 21
cyberattacks on Ukraine; 22
(v) undermine the democratic proc-23
esses of Ukraine; or 24
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(vi) involve committing serious human 1
rights abuses against citizens of Ukraine, 2
including forceful transfers, enforced dis-3
appearances, unjust detainment, or tor-4
ture; 5
(D) operates or has operated in the energy, 6
commodities, telecommunications, banking, in-7
dustrial, transportation, or manufacturing sec-8
tors of the economy of the Russian Federation; 9
(E) is an oligarch (as defined and identi-10
fied by the President); 11
(F) is responsible for or complicit in, or 12
has directly or indirectly engaged or attempted 13
to engage in, for or on behalf of, or for the ben-14
efit of, directly or indirectly, the Government of 15
the Russian Federation— 16
(i) transnational corruption, bribery, 17
extortion, or money laundering; 18
(ii) assassination, murder, or other 19
unlawful killing of, or infliction of other 20
bodily harm against, a United States per-21
son or a citizen or national of an ally or 22
partner of the United States; 23
(iii) activities that undermine the 24
peace, security, political stability, or terri-25
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torial integrity of the United States or an 1
ally or partner of the United States; or 2
(iv) deceptive or structured trans-3
actions or dealings to circumvent the appli-4
cation of any sanctions imposed by the 5
United States, including through the use 6
of digital currencies or assets or the use of 7
physical assets. 8
(3) Any person or agent of any person de-9
scribed in paragraph (1) or (2) if the sanctioned 10
person transferred property or an interest in prop-11
erty to the person— 12
(A) after the date on which the President 13
imposed sanctions with respect to the sanc-14
tioned person; or 15
(B) before that date, if the sanctioned per-16
son did so in an attempt to evade the imposi-17
tion of sanctions. 18
(c) S
ANCTIONSDESCRIBED.—The sanctions de-19
scribed in this subsection to be imposed with respect to 20
a person described in subsection (b) are the following: 21
(1) B
LOCKING OF PROPERTY .— 22
(A) I
N GENERAL.—The President shall ex-23
ercise all of the powers granted by the Inter-24
national Emergency Economic Powers Act (50 25
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U.S.C. 1701 et seq.) to block and prohibit all 1
transactions in all property and interests in 2
property of the person if such property and in-3
terests in property are in the United States, 4
come within the United States, or are or come 5
within the possession or control of a United 6
States person. 7
(B) I
NAPPLICABILITY OF NATIONAL EMER -8
GENCY REQUIREMENT .—The requirements of 9
section 202 of the International Emergency 10
Economic Powers Act (50 U.S.C. 1701) shall 11
not apply for purposes of this section. 12
(2) I
NELIGIBILITY FOR VISAS, ADMISSION, OR 13
PAROLE.— 14
(A) V
ISAS, ADMISSION, OR PAROLE.—An 15
alien described in subsection (b) shall be— 16
(i) inadmissible to the United States; 17
(ii) ineligible to receive a visa or other 18
documentation to enter the United States; 19
and 20
(iii) otherwise ineligible to be admitted 21
or paroled into the United States or to re-22
ceive any other benefit under the Immigra-23
tion and Nationality Act (8 U.S.C. 1101 et 24
seq.). 25
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(B) CURRENT VISAS REVOKED .— 1
(i) I
N GENERAL.—The visa or other 2
entry documentation of an alien described 3
in subsection (b) shall be revoked, regard-4
less of when such visa or other entry docu-5
mentation is or was issued. 6
(ii) I
MMEDIATE EFFECT .—A revoca-7
tion under clause (i) shall— 8
(I) take effect immediately; and 9
(II) automatically cancel any 10
other valid visa or entry documenta-11
tion that is in the possession of the 12
alien. 13
SEC. 6. IMPOSITION OF SANCTIONS WITH RESPECT TO FI-14
NANCIAL INSTITUTIONS AFFILIATED WITH 15
THE GOVERNMENT OF THE RUSSIAN FED-16
ERATION. 17
(a) I
NGENERAL.—Not later than 15 days after mak-18
ing a covered determination, and every 90 days thereafter, 19
the Secretary of the Treasury shall— 20
(1) impose the sanctions described in subsection 21
(b) with respect to— 22
(A) the Central Bank of the Russian Fed-23
eration (Bank of Russia); 24
(B) Sberbank; 25
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(C) VTB Bank; 1
(D) Gazprombank; 2
(E) any other financial institution orga-3
nized under the laws of the Russian Federation 4
and owned in whole or part by the Government 5
of the Russian Federation; 6
(F) any subsidiary of, or successor entity 7
to, any of the financial institutions described in 8
subparagraphs (A) through (E); and 9
(G) any financial institution that engages 10
in transactions with any of the financial institu-11
tions described in subparagraphs (A) through 12
(F); 13
(2) impose the sanctions described in section 14
5(c) with respect to any directors of, officers of, offi-15
cials of, and shareholders with an interest in, a fi-16
nancial institution described in paragraph (1); and 17
(3) prohibit any United States person from en-18
gaging in any transaction with a financial institution 19
described in paragraph (1). 20
(b) S
ANCTIONSDESCRIBED.—The sanctions de-21
scribed in this subsection to be imposed with respect to 22
a financial institution described in subsection (a)(1) are 23
the following: 24
(1) B
LOCKING OF PROPERTY .— 25
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(A) IN GENERAL.—The President shall ex-1
ercise all of the powers granted to the President 2
under the International Emergency Economic 3
Powers Act (50 U.S.C. 1701 et seq.) to the ex-4
tent necessary to block and prohibit all trans-5
actions in property and interests in property of 6
the financial institution if such property and in-7
terests in property are in the United States, 8
come within the United States, or are or come 9
within the possession or control of a United 10
States person. 11
(B) I
NAPPLICABILITY OF NATIONAL EMER -12
GENCY REQUIREMENT .—The requirements of 13
section 202 of the International Emergency 14
Economic Powers Act (50 U.S.C. 1701) shall 15
not apply for purposes of this section. 16
(2) R
ESTRICTIONS ON CORRESPONDENT AND 17
PAYABLE-THROUGH ACCOUNTS .—The President 18
shall prohibit the opening, and prohibit or impose 19
strict conditions on the maintaining, in the United 20
States, of a correspondent account or payable- 21
through account by the financial institution. 22
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SEC. 7. IMPOSITION OF SANCTIONS WITH RESPECT TO 1
OTHER ENTITIES OWNED BY OR AFFILIATED 2
WITH THE GOVERNMENT OF THE RUSSIAN 3
FEDERATION. 4
(a) I
NGENERAL.—Not later than 15 days after mak-5
ing a covered determination, and every 90 days thereafter, 6
the Secretary of the Treasury shall impose the sanctions 7
described in subsection (b) with respect to any entity 8
that— 9
(1) the Government of the Russian Federation 10
has an ownership interest in; or 11
(2) is otherwise affiliated with the Government 12
of the Russian Federation. 13
(b) B
LOCKING OFPROPERTY.— 14
(1) I
N GENERAL.—The President shall exercise 15
all of the powers granted to the President under the 16
International Emergency Economic Powers Act (50 17
U.S.C. 1701 et seq.) to the extent necessary to block 18
and prohibit all transactions in property and inter-19
ests in property of an entity described in subsection 20
(a) if such property and interests in property are in 21
the United States, come within the United States, or 22
are or come within the possession or control of a 23
United States person. 24
(2) I
NAPPLICABILITY OF NATIONAL EMER -25
GENCY REQUIREMENT .—The requirements of section 26
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202 of the International Emergency Economic Pow-1
ers Act (50 U.S.C. 1701) shall not apply for pur-2
poses of this section. 3
SEC. 8. PROHIBITION ON TRANSFERS OF FUNDS INVOLV-4
ING THE RUSSIAN FEDERATION. 5
(a) I
NGENERAL.—Except as provided by subsection 6
(b), not later than 15 days after a covered determination 7
is made, a depository institution (as defined in section 8
19(b)(1)(A) of the Federal Reserve Act (12 U.S.C. 9
461(b)(1)(A))) or a broker or dealer in securities reg-10
istered with the Securities and Exchange Commission 11
under the Securities Exchange Act of 1934 (15 U.S.C. 12
78a et seq.) may not process transfers of funds— 13
(1) to or from the Russian Federation; or 14
(2) for the direct or indirect benefit of officials 15
of the Government of the Russian Federation. 16
(b) E
XCEPTION.—A depository institution, broker, or 17
dealer described in subsection (a) may process a transfer 18
described in that subsection if the transfer— 19
(1) arises from, and is ordinarily incident and 20
necessary to give effect to, an underlying transaction 21
that is authorized by a specific or general license; 22
and 23
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(2) does not involve debiting or crediting an ac-1
count affiliated with the Russian Federation or held 2
by a Russian person. 3
(c) R
USSIANPERSONDEFINED.—In this section, the 4
term ‘‘Russian person’’ means— 5
(1) a citizen or national of the Russian Federa-6
tion; or 7
(2) an entity organized under the laws of the 8
Russian Federation or otherwise subject to the juris-9
diction of the Government of the Russian Federa-10
tion. 11
SEC. 9. PROHIBITION ON LISTING OR TRADING OF RUSSIAN 12
ENTITIES ON UNITED STATES SECURITIES 13
EXCHANGES. 14
(a) I
NGENERAL.—Not later than 15 days after a 15
covered determination is made, the Securities and Ex-16
change Commission shall prohibit the securities of an 17
issuer described in subsection (b) from being traded on 18
a national securities exchange. 19
(b) I
SSUERS.—An issuer described in this subsection 20
is an issuer that is— 21
(1) an official of or individual affiliated with the 22
Government of the Russian Federation; or 23
(2) an entity that— 24
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(A) the Government of the Russian Fed-1
eration has an ownership interest in; or 2
(B) is otherwise affiliated with the Govern-3
ment of the Russian Federation. 4
(c) D
EFINITIONS.—In this section: 5
(1) I
SSUER; SECURITY.—The terms ‘‘issuer’’ 6
and ‘‘security’’ have the meanings given those terms 7
in section 3(a) of the Securities Exchange Act of 8
1934 (15 U.S.C. 78c(a)). 9
(2) N
ATIONAL SECURITIES EXCHANGE .—The 10
term ‘‘national securities exchange’’ means an ex-11
change registered as a national securities exchange 12
in accordance with section 6 of the Securities Ex-13
change Act of 1934 (15 U.S.C. 78f). 14
SEC. 10. PROHIBITION ON INVESTMENTS BY UNITED 15
STATES FINANCIAL INSTITUTIONS THAT BEN-16
EFIT THE GOVERNMENT OF THE RUSSIAN 17
FEDERATION. 18
(a) I
NGENERAL.—Not later than 15 days after a 19
covered determination is made, the Secretary of the Treas-20
ury shall prohibit any United States financial institution 21
from making any investment described in subsection (b). 22
(b) I
NVESTMENTSDESCRIBED.—An investment de-23
scribed in this subsection is a monetary investment in or 24
to— 25
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(1) an entity owned or controlled by the Gov-1
ernment of the Russian Federation; or 2
(2) the Armed Forces of the Russian Federa-3
tion. 4
(c) U
NITEDSTATESFINANCIALINSTITUTIONDE-5
FINED.—In this section, the term ‘‘United States financial 6
institution’’— 7
(1) means any financial institution that is a 8
United States person; and 9
(2) includes an investment company, private eq-10
uity company, venture capital company, or hedge 11
fund that is a United States person. 12
SEC. 11. PROHIBITION ON ENERGY EXPORTS TO, AND IN-13
VESTMENTS IN ENERGY SECTOR OF, THE 14
RUSSIAN FEDERATION. 15
(a) P
ROHIBITION ONEXPORTS.— 16
(1) I
N GENERAL.—Not later than 15 days after 17
a covered determination is made, the Secretary of 18
Commerce shall prohibit, under the Export Control 19
Reform Act of 2018 (50 U.S.C. 4801 et seq.), the 20
export, reexport, or in-country transfer to or in the 21
Russian Federation of any energy or energy product 22
produced in the United States. 23
(2) D
EFINITIONS.—In this subsection, the 24
terms ‘‘export’’, ‘‘in-country transfer’’, and ‘‘reex-25
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port’’ have the meanings given those terms in sec-1
tion 1742 of the Export Control Reform Act of 2018 2
(50 U.S.C. 4801). 3
(b) P
ROHIBITION ONINVESTMENTS.—On and after 4
the date on which a covered determination is made, a 5
United States person may not make an investment in the 6
energy sector of the Russian Federation. 7
(c) S
ANCTIONS.—The President shall— 8
(1) impose the sanctions described in section 9
5(c) with respect to any foreign person that the 10
President determines knowingly sells, supplies, 11
transfers, markets, or provides goods, services, tech-12
nology, information, or other support that facilitates 13
the maintenance or expansion of the production of 14
oil, uranium, natural gas, petroleum, petroleum 15
products, or petrochemical products for use by any 16
person subject to sanctions under section 5 or 6; and 17
(2) prohibit any United States person from en-18
gaging in any transaction with a person described in 19
paragraph (1). 20
SEC. 12. PROHIBITION ON PURCHASES OF SOVEREIGN 21
DEBT OF THE RUSSIAN FEDERATION BY 22
UNITED STATES PERSONS. 23
On and after the date that is 15 days after a covered 24
determination is made, the purchase of sovereign debt of 25
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the Government of the Russian Federation by any United 1
States person is prohibited. 2
SEC. 13. PROHIBITION ON PROVISION OF SERVICES TO 3
SANCTIONED FINANCIAL INSTITUTIONS BY 4
INTERNATIONAL FINANCIAL MESSAGING SYS-5
TEMS. 6
Not later than 15 days after making a covered deter-7
mination, and every 90 days thereafter, the President shall 8
impose sanctions pursuant to the International Emer-9
gency Economic Powers Act (50 U.S.C. 1701 et seq.) with 10
respect to— 11
(1) any global financial communications serv-12
ices provider that does not terminate the provision 13
of financial communications services to, and the ena-14
bling and facilitation of access to such services for, 15
any financial institution subject to sanctions under 16
section 6 or any other provision of this Act; and 17
(2) the directors of, officers of, and share-18
holders with a interest in, the provider. 19
SEC. 14. PROHIBITION ON IMPORTING, AND SANCTIONS 20
WITH RESPECT TO, URANIUM FROM THE RUS-21
SIAN FEDERATION. 22
(a) P
ROHIBITION.—Not later than 15 days after 23
making a covered determination, the President shall pro-24
hibit the importation of uranium from— 25
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(1) the Russian Federation, including the im-1
portation of any uranium from Rosatom State Cor-2
poration or any subsidiary or successor entity; and 3
(2) any country that has uranium that was 4
originally sourced from the Russian Federation, 5
Rosatom State Corporation, or any subsidiary or 6
successor entity. 7
(b) S
ANCTIONS.—Not later than 15 days after mak-8
ing a covered determination, and every 90 days thereafter, 9
the President shall impose sanctions described in section 10
5(c) with respect to— 11
(1) any directors of, officers of, and share-12
holders with an interest in, Rosatom State Corpora-13
tion or any subsidiary or successor entity; and 14
(2) any foreign government or foreign person 15
that has knowingly sold, supplied, transferred, or 16
purchased uranium originally sourced from the Rus-17
sian Federation, Rosatom State Corporation, or any 18
subsidiary or successor entity. 19
SEC. 15. INCREASES IN DUTIES ON GOODS AND SERVICES 20
IMPORTED FROM THE RUSSIAN FEDERATION. 21
(a) I
NGENERAL.—Not later than 15 days after mak-22
ing a covered determination, the President shall, notwith-23
standing any other provision of law, increase the rate of 24
duty for all goods and services, including oil, natural gas, 25
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petroleum, petroleum products, and petrochemical prod-1
ucts, imported into the United States from the Russian 2
Federation to a rate of not less than the equivalent of 500 3
percent ad valorem. 4
(b) R
ECOMMENDATIONS FOR HIGHERRATE.—The 5
United States Trade Representative, in consultation with 6
the Secretary of the Treasury, the Secretary of Commerce, 7
and the heads of other relevant Federal agencies, shall 8
provide recommendations to the President with respect to 9
goods and services described in subsection (a) that should 10
be subject to a rate of duty that exceeds the equivalent 11
of 500 percent ad valorem. 12
(c) D
UTYRATE INADDITION TOANTIDUMPING AND 13
C
OUNTERVAILING DUTIES.—The rate of duty required 14
under subsection (a) with respect to a good or service de-15
scribed in that subsection shall be in addition to any anti-16
dumping or countervailing duty applicable with respect to 17
the good or service under title VII of the Tariff Act of 18
1930 (19 U.S.C. 1671 et seq.). 19
SEC. 16. IMPOSITION OF CAATSA SANCTIONS. 20
Not later than 15 days after making a covered deter-21
mination, and every 90 days thereafter, the President shall 22
impose all sanctions described in section 235 of the Coun-23
tering America’s Adversaries Through Sanctions Act (22 24
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U.S.C. 9529) that are not already applicable with respect 1
to— 2
(1) the Russian Federation; and 3
(2) any person described in section 5 or 6. 4
SEC. 17. DUTIES ON COUNTRIES THAT PURCHASE RUSSIAN- 5
ORIGIN OIL, URANIUM, AND PETROLEUM 6
PRODUCTS. 7
(a) I
NGENERAL.—Not later than 15 days after mak-8
ing a covered determination, and every 90 days thereafter, 9
the President shall, notwithstanding any other provision 10
of law, increase the rate of duty for all goods or services 11
imported into the United States from a country described 12
in subsection (b) to a rate of not less than the equivalent 13
of 500 percent ad valorem. 14
(b) C
OUNTRIESDESCRIBED.—A country is described 15
in this subsection if the country knowingly sells, supplies, 16
transfers, or purchases oil, uranium, natural gas, petro-17
leum products, or petrochemical products that originated 18
in the Russian Federation. 19
(c) D
UTYRATE INADDITION TOANTIDUMPING AND 20
C
OUNTERVAILING DUTIES.—The rate of duty required 21
under subsection (a) with respect to a good or service de-22
scribed in that subsection shall be in addition to any anti-23
dumping or countervailing duty applicable with respect to 24
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the good or service under title VII of the Tariff Act of 1
1930 (19 U.S.C. 1671 et seq.). 2
(d) W
AIVER.— 3
(1) I
N GENERAL.—The President may waive 4
the application of subsection (a) one time for a pe-5
riod of not more than 180 days with respect to a 6
country, a good, or a service if the President deter-7
mines that such a waiver is in the national security 8
interests of the United States. 9
(2) P
ROHIBITION ON WAIVERS FOR CERTAIN 10
COUNTRIES.—The President may not waive the ap-11
plication of subsection (a) with respect to— 12
(A) a country the government of which the 13
Secretary of State has determined has repeat-14
edly provided support for acts of international 15
terrorism (commonly referred to as a ‘‘state 16
sponsor of terrorism’’), for purposes of— 17
(i) section 1754(c)(1)(A)(i) of the Ex-18
port Control Reform Act of 2018 (50 19
U.S.C. 4813(c)(1)(A)(i)); 20
(ii) section 620A of the Foreign As-21
sistance Act of 1961 (22 U.S.C. 2371); 22
(iii) section 40(d) of the Arms Export 23
Control Act (22 U.S.C. 2780(d)); or 24
(iv) any other provision of law; or 25
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(B) a country specified in section 1
4872(f)(2) of title 10, United States Code. 2
SEC. 18. EXCEPTIONS. 3
(a) S
UPPORT FORPEOPLE OF THE RUSSIANFED-4
ERATION.—This Act shall not apply with respect to the 5
provision of humanitarian assistance (including medical 6
assistance) to the people of the Russian Federation. 7
(b) E
XCEPTION FOR INTELLIGENCEACTIVITIES.— 8
This Act shall not apply with respect to activities subject 9
to the reporting requirements under title V of the National 10
Security Act of 1947 (50 U.S.C. 3091 et seq.) or any au-11
thorized intelligence activities of the United States. 12
(c) E
XCEPTIONTOCOMPLYWITHINTERNATIONAL 13
O
BLIGATIONS.—Sanctions under this Act shall not apply 14
to the admission of an alien if the admission of that alien 15
is necessary to comply with United States obligations 16
under the Agreement between the United Nations and the 17
United States of America regarding the Headquarters of 18
the United Nations, signed at Lake Success June 26, 19
1947, and entered into force November 21, 1947, under 20
the Convention on Consular Relations, done at Vienna 21
April 24, 1963, and entered into force March 19, 1967, 22
or under other international agreements. 23
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SEC. 19. IMPLEMENTATION; PENALTIES. 1
(a) I
MPLEMENTATION.—The President may exercise 2
all authorities provided under sections 203 and 205 of the 3
International Emergency Economic Powers Act (50 4
U.S.C. 1702 and 1704) to carry out this Act. 5
(b) P
ENALTIES.—A person that violates, attempts to 6
violate, conspires to violate, or causes a violation of this 7
Act or any regulation, license, or order issued to carry out 8
this Act shall be subject to the penalties set forth in sub-9
sections (b) and (c) of section 206 of the International 10
Emergency Economic Powers Act (50 U.S.C. 1705) to the 11
same extent as a person that commits an unlawful act de-12
scribed in subsection (a) of that section. 13
SEC. 20. TERMINATION AUTHORITY; REIMPOSITION OF 14
SANCTIONS. 15
(a) I
NGENERAL.—The President may terminate the 16
application of sanctions, prohibitions, restrictions, duties, 17
and penalties under this Act if the President certifies to 18
Congress that— 19
(1) all actors described in subsection (a) of sec-20
tion 4 have verifiably ceased engaging in acts de-21
scribed in subsection (b) of that section; and 22
(2) the Government of the Russian Federation 23
has entered into a peace agreement with Ukraine. 24
(b) R
EIMPOSITION.—If, after the submission of a cer-25
tification described in subsection (a), an actor described 26
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in subsection (a) of section 4 engages in an act described 1
in subsection (b) of that section, the President shall imme-2
diately reimpose all previously terminated sanctions, pro-3
hibitions, restrictions, duties, and penalties imposed under 4
this Act, in addition to new sanctions, prohibitions, re-5
strictions, duties, and penalties under this Act. 6
Æ
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