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S. 1241119th CongressIN COMMITTEE

Sanctioning Russia Act of 2025

Introduced Apr 1, 2025Lindsey Graham (R-SC)84 cosponsorsSource

Summary

Sanctioning Russia Act of 2025
 
This bill imposes penalties on certain persons (individuals and entities) if the President determines that the Russian government or a person acting at Russia's direction is involved with (1) refusing to negotiate a peace agreement with Ukraine; (2) violating a negotiated peace agreement; (3) initiating another invasion of Ukraine; or (4) overthrowing, dismantling, or seeking to subvert the Ukrainian government.
 
If the President makes such a determination, the bill requires certain actions including

  • the President must impose visa- and property-blocking sanctions on specified persons such as the Russian president, certain Russian military commanders, and any foreign person that knowingly provides defense items to the Russian armed forces;
  • the President must increase the rate of duty on all goods and services imported from Russia into the United States to at least 500% relative to the value of such goods and services;
  • the President must increase the rate of duty on all goods and services imported into the United States from countries that knowingly engage in the exchange of Russian-origin uranium and petroleum products to at least 500% relative to the value of such goods and services;
  • the Department of the Treasury must impose property-blocking sanctions on any financial institution organized under Russian law and owned wholly or partly by Russia, and any financial institution that engages in transactions with those entities; and
  • the Department of Commerce must prohibit the export, reexport, or in-country transfer to or in Russia of any U.S.-produced energy or energy product.

Legislative Journey

Apr 1, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Senate
Apr 1, 2025

Introduced in Senate