Sponsors (63)
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 and clarifies sanctions to reduce Russian financing and close evasion routes while preserving humanitarian flows and orderly business wind‑downs, but it raises costs for U.S. firms and consumers, increases legal and geopolitical uncertainty, and concentrates significant discretionary authority in the executive branch.
U.S. financial institutions and allied partners can block and freeze assets of Russian government entities and designated persons, constraining Russia's ability to finance military operations.
U.S. persons (investors, exporters, and energy firms) are barred from new investments and energy exports to Russia, reducing U.S. contribution to Russian energy revenues and aligning economic pressure with foreign policy objectives.
Shippers, insurers, and other facilitators (including those involved in ship‑to‑ship transfers and maritime insurance) can be targeted, closing common evasion routes for Russian commodity exports.
U.S. exporters, banks, investors, and consumers face increased compliance costs, transaction bans, and requirements to cut ties with Russian‑linked institutions (including short timelines), and violators face broader sanctions and IEEPA penalties—raising costs and business/legal risk.
U.S. consumers and businesses may face sharply higher prices and disrupted supply chains because duties on Russian imports (and goods from other covered countries) can be raised substantially (up to 500%).
Businesses, financial institutions, and foreign partners face legal and planning uncertainty because broad, frequent, and flexible presidential determinations, waiver, and termination authorities create uneven application and unpredictable sanction status.
Based on analysis of 3 sections of legislative text.
Sets definitions and rules for sanctions against Russia and for identifying countries and actors that facilitate evasion of Russian oil sanctions, with humanitarian exceptions.
Establishes detailed definitions, exceptions, and authorities for U.S. sanctions targeting the Russian Federation, with a focus on preventing evasion of oil-related sanctions. It defines key terms (including what counts as adequate maritime insurance, the Armed Forces of the Russian Federation, blocked property, and critical infrastructure sectors), creates rules for identifying countries and actors that facilitate Russian oil sanctions evasion, and sets humanitarian and narrow intelligence/law‑enforcement exceptions. Also creates a general license framework and preserves the rest of the statute if any part is found unconstitutional. The bill is tightly scoped to sanctions policy, compliance standards for shipping and insurance, and mechanisms to identify and periodically review persons, vessels, and entities that support or enable the Government of the Russian Federation or its evasion of oil sanctions.