Russia Trade and Investment Ban Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 8, 2022
Last action Mar 8, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 8, 2022
Committee
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.
lower
Mar 8, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Scott Perry
RRepublican
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