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BREAK PUTIN Act of 2022

USA117th CongressS-5058| Senate 
| Updated: 9/29/2022
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Breaking Russia's Energy Addicted Kleptocracy and Punishing Uncivil Tyrant Invading Neighbor Act of 2022 or the BREAK PUTIN Act of 2022 This bill requires the President to take steps to sanction entities involved in the purchase of crude oil produced in Russia and to increase the production and refining of crude oil in the United States. Specifically, the bill requires the President to block the U.S. property of (1) any foreign person who knowingly purchased Russian crude oil; or (2) any foreign financial institutions, insurance companies, brokering services, international trading houses, port operators, or shipping companies that facilitated any significant financial transaction for the purchase of Russian crude oil. The bill also directs the President to establish a task force to combat evasion of these sanctions.
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Timeline
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

International Affairs

BREAK PUTIN Act of 2022

USA117th CongressS-5058| Senate 
| Updated: 9/29/2022
Breaking Russia's Energy Addicted Kleptocracy and Punishing Uncivil Tyrant Invading Neighbor Act of 2022 or the BREAK PUTIN Act of 2022 This bill requires the President to take steps to sanction entities involved in the purchase of crude oil produced in Russia and to increase the production and refining of crude oil in the United States. Specifically, the bill requires the President to block the U.S. property of (1) any foreign person who knowingly purchased Russian crude oil; or (2) any foreign financial institutions, insurance companies, brokering services, international trading houses, port operators, or shipping companies that facilitated any significant financial transaction for the purchase of Russian crude oil. The bill also directs the President to establish a task force to combat evasion of these sanctions.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Banking, Housing, and Urban Affairs Committee

International Affairs

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted