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S. 1241 · 119th Congress

Sanctioning Russia Act of 2025

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Bill details

Introduced: 4/1/2025
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill ID: 119s1241
Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Introduced in Senate

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.

Source: BILLSUM · Summary date: 4/1/2025

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Summary source label: BILLSUM
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Official sources
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Last updated: 4/1/2025Source: BILLSUMBill: 119s1241Learn more →