Ways and Means Committee, Foreign Affairs Committee, Financial Services Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Russia Trade and Investment Ban Act This bill requires the President to establish and maintain a total embargo on all trade with Russia, Crimea, and the regions of Donetsk and Luhansk in Ukraine. Additionally, the bill prohibits the purchase or sale (except for divestment purposes) of any publicly traded securities or related derivatives of entities incorporated in Russia, Crimea, or the regions of Donetsk and Luhansk in Ukraine, or their affiliates. The bill prohibits a U.S. person or person within the United States from evading or avoiding sanctions provided for by the bill.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Foreign Trade and International Finance
Administrative law and regulatory proceduresEuropeFinancial services and investmentsForeign and international corporationsPresidents and presidential powers, Vice PresidentsRussiaSanctionsSecuritiesTrade restrictionsUkraineU.S. and foreign investmentsWar and emergency powers
Russia Trade and Investment Ban Act
USA117th CongressHR-6995| House
| Updated: 3/8/2022
Russia Trade and Investment Ban Act This bill requires the President to establish and maintain a total embargo on all trade with Russia, Crimea, and the regions of Donetsk and Luhansk in Ukraine. Additionally, the bill prohibits the purchase or sale (except for divestment purposes) of any publicly traded securities or related derivatives of entities incorporated in Russia, Crimea, or the regions of Donetsk and Luhansk in Ukraine, or their affiliates. The bill prohibits a U.S. person or person within the United States from evading or avoiding sanctions provided for by the bill.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee, Foreign Affairs Committee, Financial Services Committee
Foreign Trade and International Finance
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Administrative law and regulatory proceduresEuropeFinancial services and investmentsForeign and international corporationsPresidents and presidential powers, Vice PresidentsRussiaSanctionsSecuritiesTrade restrictionsUkraineU.S. and foreign investmentsWar and emergency powers