Official title: Impose sanctions and other measures with respect to the Russian Federation, and for other purposes.
Introduced July 16, 2026 by Darline Graham · Last progress July 16, 2026
The bill strengthens U.S. sanctions and closes evasion channels to pressure Russia while preserving humanitarian flows and orderly wind-downs, but it imposes significant costs, legal uncertainty, and potential geopolitical spillovers for U.S. businesses, consumers, and third-country partners.
Financial institutions, insurers, shipping firms, and U.S. policymakers can block/freeze assets and target vessels, insurers, and facilitators that enable Russian commodity exports, reducing Russia's ability to finance its military and evade sanctions.
U.S. persons (including exporters and investors) are barred from new investments and new energy exports to Russia, aligning economic activity with U.S. foreign policy and cutting revenue streams for Russia's energy sector.
Humanitarian suppliers, hospitals, and entities implementing internationally recognized agreements with Ukraine can continue delivering food, medicine, medical devices, and reconstruction-related supplies without sanction risk (absent bad-faith evasion findings), preserving critical aid to civilians.
U.S. exporters, banks, investors, and other firms face higher compliance costs, transaction bans, and requirements to sever ties with Russian-linked institutions (sometimes on short timelines), raising business expenses and the risk of lost revenue.
Raising duties on Russian imports (and on goods from other covered countries) — in some cases up to 500% — could increase prices for U.S. consumers and disrupt supply chains for affected products.
Broad and frequent executive authorities, waiver/termination powers, and many discretionary determinations create legal uncertainty and risk uneven application, making it harder for businesses and foreign partners to plan.
Based on analysis of 3 sections of legislative text.
Defines persons, vessels, insurers, and countries that facilitate evasion of Russian oil sanctions; sets insurance and maritime standards and creates humanitarian and intelligence exceptions.
Creates definitions and sanctions authorities targeting persons, vessels, insurers, and countries that facilitate evasion of oil-related sanctions on the Russian Federation, including rules on ‘‘adequate maritime insurance,’’ blocked property, and critical infrastructure. It defines countries that facilitate evasion, carves out humanitarian and certain diplomatic/intelligence activities, and preserves the rest of the law if a part is found invalid. Sets out statutory cross-references for financial-account and immigration terms, requires periodic Presidential reviews of affiliated persons/vessels, excludes insurers organized in Russia from meeting insurance standards, and provides exemptions for humanitarian supplies and authorized intelligence or international-agreement activities.