Sponsors (24)
Official title: To impose sanctions and other measures with respect to the Russian Federation, as championed by the late Senator Lindsey O. Graham, and for other purposes.
Introduced September 11, 2025 by James Varni Panetta · Last progress August 7, 2026
The bill tightens and expands sanctions and enforcement tools against Russia (while protecting humanitarian flows and offering a possible tax break for early‑childhood educators), trading increased pressure on Russia and quicker enforcement for higher economic costs, potential global market disruptions, and expanded executive discretion with only limited and delayed congressional or statutory constraints.
U.S. persons and financial institutions are barred from new investments or transactions with listed Russian banks and entities, reducing U.S. economic exposure to entities funding Russia's military actions.
U.S. sanctions target senior Russian officials, military leaders, and defense‑related companies, increasing pressure on actors supporting Russia's aggression and advancing U.S. national security goals.
The bill authorizes blocking vessels and denial of maritime insurance tied to sanction‑evasion, strengthening enforcement of price caps and helping curb shipments of sanctioned Russian commodities.
High duties (up to 500% ad valorem on Russian imports and up to 100% on goods from specified third countries) could sharply raise costs for importers and consumers, increasing prices for households and businesses.
Broad sanctions on foreign financial institutions that transact with targeted Russian banks risk disrupting global banking relationships and increasing costs or friction for U.S. cross‑border payments and finance.
Blocking vessels and denying maritime insurance as an enforcement tool may disrupt global shipping and insurance markets, contributing to volatility in fuel and commodity prices worldwide.
Based on analysis of 3 sections of legislative text.
Adds precise definitions and sanctions tools to target Russian sanctions evasion (including oil shadow fleets), narrows duty reach, creates humanitarian exceptions, and directs educator tax deduction changes.
Establishes new, detailed sanctions authorities and definitions aimed at persons and activities that support or facilitate the Government of the Russian Federation (with references to Iran in the short title), including precise definitions for Russian armed forces, ‘‘critical infrastructure’’ sectors in Ukraine, and activities that qualify as sanctions evasion for oil and gas. It creates narrow exceptions for humanitarian assistance and certain transactions, limits the geographic reach of any new import duty authority, and requires reporting to specified congressional committees. Also directs unspecified changes to the tax code to allow or expand tax deductions/support for early‑childhood educators. The bill is primarily sanctions and export-control focused with a brief, undeveloped tax provision for educators; effective dates and funding details are not specified in the provided text.