S. 1241: Sanctioning Russia Act of 2025
The "Sanctioning Russia Act of 2025" outlines a framework for imposing sanctions on Russia under certain conditions. The main provisions of the bill include the following key components:
Sanction Triggers
Sanctions against Russia will be activated if any of the following occur:
- Russia refuses to engage in peace negotiations with Ukraine.
- Russia violates existing agreements.
- Russia initiates any military actions.
Sanction Measures
The sanctions will be comprehensive and include the following:
- Prohibitions on financial transactions between U.S. entities and designated Russian actors.
- Bans on energy exports from Russia.
- Restrictions on investments in Russian industries.
Enforcement Provisions
The bill includes strict enforcement mechanisms to ensure compliance with the sanctions, emphasizing the importance of monitoring and accountability.
Conditions for Lifting Sanctions
Sanctions can be lifted under specific conditions, which require:
- The President to certify that designated actors have ceased harmful activities.
- Russia must sign a peace agreement with Ukraine.
Reimposition of Sanctions
If any sanctioned actor resumes harmful activities after sanctions have been lifted, all sanctions will be reinstated, and new sanctions may be introduced.
Relevant Companies
- XOM (Exxon Mobil Corporation): This company, involved in energy production, may be significantly affected by the sanctions on energy exports from Russia.
- CVX (Chevron Corporation): Similar to Exxon, Chevron could face challenges due to restrictions on Russian energy exports and investments.
- RDS.A (Royal Dutch Shell plc): As a major player in the global energy market, Shell may be impacted by sanctions relating to its operations in or dealings with Russia.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
74 bill sponsors
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TrackLindsey Graham
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TrackAngela Alsobrooks
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TrackTammy Baldwin
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TrackJohn Barrasso
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TrackMichael F. Bennet
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TrackRichard Blumenthal
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TrackCory A. Booker
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TrackJohn Boozman
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TrackKatie Boyd Britt
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TrackTed Budd
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TrackMaria Cantwell
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TrackShelley Moore Capito
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TrackBill Cassidy
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TrackSusan M. Collins
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TrackChristopher A. Coons
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TrackJohn Cornyn
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TrackTom Cotton
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TrackKevin Cramer
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TrackMike Crapo
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TrackTed Cruz
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TrackJohn R. Curtis
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TrackSteve Daines
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TrackRichard J. Durbin
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TrackJoni Ernst
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TrackJohn Fetterman
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TrackDeb Fischer
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TrackRuben Gallego
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TrackKirsten E. Gillibrand
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TrackChuck Grassley
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TrackMargaret Wood Hassan
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TrackMartin Heinrich
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TrackJohn W. Hickenlooper
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TrackMazie K. Hirono
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TrackJohn Hoeven
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TrackJon Husted
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TrackCindy Hyde-Smith
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TrackJames C. Justice
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TrackTim Kaine
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TrackMark Kelly
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TrackJohn Kennedy
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TrackAngus S. King Jr.
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TrackAmy Klobuchar
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TrackJames Lankford
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TrackBen Ray Lujan
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TrackCynthia M. Lummis
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TrackMitch McConnell
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TrackDavid McCormick
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TrackJeff Merkley
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TrackMarkwayne Mullin
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TrackLisa Murkowski
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TrackAlex Padilla
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TrackJack Reed
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TrackPete Ricketts
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TrackJames E. Risch
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TrackJacky Rosen
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TrackBrian Schatz
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TrackAdam B. Schiff
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TrackCharles E. Schumer
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TrackRick Scott
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TrackJeanne Shaheen
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TrackTim Sheehy
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TrackElissa Slotkin
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TrackTina Smith
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TrackDan Sullivan
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TrackJohn Thune
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TrackThom Tillis
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TrackTommy Tuberville
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TrackChris Van Hollen
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TrackRaphael G. Warnock
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TrackElizabeth Warren
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TrackPeter Welch
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TrackSheldon Whitehouse
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TrackRoger F. Wicker
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TrackTodd Young
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Actions
2 actions
| Date | Action |
|---|---|
| Apr. 01, 2025 | Introduced in Senate |
| Apr. 01, 2025 | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
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