[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6422 Introduced in House (IH)]
<DOC>
117th CONGRESS
2d Session
H. R. 6422
To impose sanctions with respect to the Russian Federation, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 19, 2022
Mr. Banks (for himself, Mr. Wilson of South Carolina, Mr. Waltz, Mr.
Lamborn, Mr. Bacon, Mr. Feenstra, Mr. Steube, Mr. Duncan, Mrs.
Harshbarger, Mr. Curtis, Mr. Mann, Mr. Reschenthaler, Mr. Fitzgerald,
Mr. Gibbs, Mr. Hudson, Mr. Gooden of Texas, Mr. LaTurner, Mr. Cawthorn,
Mr. Burgess, Mr. Fallon, Mrs. Miller-Meeks, Mr. Weber of Texas, Mr.
Meuser, Mr. McKinley, Mr. Pfluger, Mr. Smith of Nebraska, Mr. Bentz,
Mr. Keller, Mr. Moore of Utah, Mr. Crawford, Mr. Mooney, Mr. Rodney
Davis of Illinois, Mr. Issa, Mr. Owens, Mrs. McClain, Mr. Babin, Mr.
Hern, Mr. Johnson of South Dakota, and Mr. Wenstrup) introduced the
following bill; which was referred to the Committee on Foreign Affairs,
and in addition to the Committees on the Judiciary, 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
_______________________________________________________________________
A BILL
To impose sanctions with respect to the Russian Federation, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Putin Accountability Act''.
SEC. 2. REPORTS ON, AND AUTHORIZATION OF IMPOSITION OF SANCTIONS WITH
RESPECT TO, THE PROVISION OF SPECIALIZED FINANCIAL
MESSAGING SERVICES TO THE CENTRAL BANK OF THE RUSSIAN
FEDERATION.
(a) Reports Required.--
(1) In general.--Not later than 30 days after the date of
the enactment of this Act, and every 90 days thereafter, the
Secretary of the Treasury shall submit to the appropriate
congressional committees a report that contains--
(A) a list of all persons that the Secretary has
identified that directly provide specialized financial
messaging services to, or enable or facilitate direct
or indirect access to such messaging services for, the
Central Bank of the Russian Federation; and
(B) a detailed assessment of the status of efforts
by the Secretary to end the direct provision of such
messaging services to, and the enabling or facilitation
of direct or indirect access to such messaging services
for, the Central Bank of the Russian Federation.
(2) Enabling or facilitation of access to specialized
financial messaging services through intermediary financial
institutions.--For purposes of paragraph (1) and subsection
(b), enabling or facilitating direct or indirect access to
specialized financial messaging services for the Central Bank
of Russia includes doing so by serving as an intermediary
financial institution with access to such messaging services.
(3) Form of report.--A report submitted under paragraph (1)
shall be submitted in unclassified form but may contain a
classified annex.
(b) Requirement of Imposition of Sanctions.--
(1) In general.--Except as provided in paragraph (2), if,
on or after the date that is 60 days after the date of the
enactment of this Act, a person knowingly and directly provides
specialized financial messaging services to, or knowingly
enable or facilitate direct or indirect access to such
messaging services for, the Central Bank of the Russian
Federation, the President shall impose sanctions described in
subsection (c) with respect to the person.
(2) Exception.--The President may not impose sanctions
pursuant to paragraph (1) with respect to a person for directly
providing specialized financial messaging services to, or
enabling or facilitating direct or indirect access to such
messaging services for, the Central Bank of the Russian
Federation if--
(A) the person is subject to a sanctions regime
under its governing foreign law that requires it to
eliminate the knowing provision of such messaging
services to, and the knowing enabling and facilitation
of direct or indirect access to such messaging services
for the Central Bank of Russia; and
(B) the President determines that the person has,
pursuant to that sanctions regime, terminated the
knowing provision of such messaging services to, and
the knowing enabling and facilitation of direct or
indirect access to such messaging services for, the
Central Bank of Russia.
(c) Sanctions Described.--
(1) In general.--The sanctions described in this subsection
are the following:
(A) Blocking of property.--The President shall
exercise all of the powers granted to the President
under the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.) to block and prohibit all
transactions in property and interests in property of
the foreign person if such property and interests in
property are in the United States, come within the
United States, or are or come within the possession or
control of a United States person.
(B) Aliens ineligible for visas, admission, or
parole.--
(i) Visas, admission, or parole.--An alien
who the Secretary of State or the Secretary of
Homeland Security (or a designee of one of such
Secretaries) knows, or has reason to believe,
has knowingly engaged in any activity described
in subsection (b)(1) is--
(I) inadmissible to the United
States;
(II) ineligible to receive a visa
or other documentation to enter the
United States; and
(III) otherwise ineligible to be
admitted or paroled into the United
States or to receive any other benefit
under the Immigration and Nationality
Act (8 U.S.C. 1101 et seq.).
(ii) Current visas revoked.--
(I) In general.--The issuing
consular officer, the Secretary of
State, or the Secretary of Homeland
Security (or a designee of one of such
Secretaries) shall, in accordance with
section 221(i) of the Immigration and
Nationality Act (8 U.S.C. 1201(i)),
revoke any visa or other entry
documentation issued to an alien
described in clause (i) regardless of
when the visa or other entry
documentation is issued.
(II) Effect of revocation.--A
revocation under subclause (I) shall
take effect immediately and shall
automatically cancel any other valid
visa or entry documentation that is in
the alien's possession.
(2) Exceptions.--
(A) United nations headquarters agreement.--The
sanctions described under paragraph (1)(B) shall not
apply with respect to an alien if admitting or paroling
the alien into the United States is necessary to permit
the United States to comply with the Agreement
regarding the Headquarters of the United Nations,
signed at Lake Success June 26, 1947, and entered into
force November 21, 1947, between the United Nations and
the United States, or other applicable international
obligations.
(B) Exception for intelligence, law enforcement,
and national security activities.--Sanctions under
paragraph (1) shall not apply to any authorized
intelligence, law enforcement, or national security
activities of the United States.
(C) Exception relating to importation of goods.--
(i) In general.--Notwithstanding any other
provision of this section, the authorities and
requirements to impose sanctions under this
section shall not include the authority or a
requirement to impose sanctions on the
importation of goods.
(ii) Good defined.--In this subparagraph,
the term ``good'' means any article, natural or
man-made substance, material, supply or
manufactured product, including inspection and
test equipment, and excluding technical data.
(d) Penalties.--The penalties provided for in subsections (b) and
(c) of section 206 of the International Emergency Economic Powers Act
(50 U.S.C. 1705) shall apply to a person that violates, attempts to
violate, conspires to violate, or causes a violation of regulations
promulgated to carry out this section or the sanctions imposed pursuant
to this section to the same extent that such penalties apply to a
person that commits an unlawful act described in section 206(a) of that
Act.
(e) Implementation Authority.--The President may exercise all
authorities provided to the President under sections 203 and 205 of the
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704)
for purposes of carrying out this section.
(f) Regulatory Authority.--The President shall, not later than 60
days after the date of the enactment of this Act, promulgate
regulations as necessary for the implementation of this section.
(g) Waiver.--The President shall have the authority to waive the
sanctions required by subsection (b) for renewable periods of 30 days
if the President provides a written certification to the appropriate
congressional committees, which shall also be made publicly available
on a website maintained by the Federal Government, that the Russian
Federation has ended its annexation of Crimea and has withdrawn all
military forces from eastern Ukraine.
(h) Sunset.--The President's authority to issue waivers or licenses
with respect to sanctions required by subsection (b) or pursuant to
sections 203 and 205 of the International Emergency Economic Powers Act
(50 U.S.C. 1702 and 1704) with regard to prohibitions required by
subsection (b) shall cease to apply beginning on the date that is 1
year after the date of enactment of this Act.
SEC. 3. DESIGNATION OF THE RUSSIAN FEDERATION AS A STATE SPONSOR OF
TERRORISM AND DESIGNATION OF THE RUSSIAN-SUPPORTED ARMED
FORCES IN THE DONBAS REGION OF UKRAINE AS FOREIGN
TERRORIST ORGANIZATIONS.
(a) Designation of the Russian Federation as a State Sponsor of
Terrorism.--
(1) In general.--Not later than 30 days after the date of
the enactment of this Act, the Secretary of State shall
designate the Russian Federation as a country the government of
which has repeatedly provided support for international
terrorism (commonly referred to as a ``state sponsor of
terrorism'').
(2) Report.--Not later than 60 days after the date of the
enactment of this Act, the Secretary of State shall submit to
the appropriate congressional committees a report describing
the Russian Federation's support, sponsorship, cooperation,
military coordination with, or significant transactions with
the Russian Imperial Movement, the Taliban in Afghanistan,
Lebanese Hezbollah, and the Iranian Islamic Revolutionary Guard
Corps (IRGC), and Islamic Revolutionary Guard Corps Quds Forces
(IRGC-QF).
(3) Form.--The report required by paragraph (2) shall be
submitted in unclassified form, but may include a classified
annex, if appropriate.
(b) Determination on the Designation of the Russian-Supported Armed
Forces in the Donbas Region of Ukraine as Foreign Terrorist
Organizations.--
(1) In general.--Not later than 30 days after the date of
the enactment of this Act, the Secretary of State shall submit
a determination to the appropriate congressional committees
that indicates whether armed entities that are physically
present in the Donbas region of Ukraine and are controlled or
aided by the Russian Federation, or armed entities that are
associated or controlled by the ``Donetsk People's Republic''
or the ``Lugansk People's Republic'', meet the criteria to be
designated as foreign terrorist organizations under section 219
of the Immigration and Nationality Act (8 U.S.C. 1189).
(2) Form.--The determination required under paragraph (1)
shall be submitted in unclassified form, but may include a
classified annex, if appropriate.
SEC. 4. PROHIBITION ON UNITED STATES PERSONS FROM PURCHASING, SELLING,
OR OTHERWISE DEALING IN RUSSIAN SOVEREIGN DEBT.
(a) Prohibition.--Not later than 30 days after the date of the
enactment of this Act, the President shall issue regulations to
prohibit United States persons from purchasing, selling, or otherwise
dealing in Russian sovereign debt that is issued or executed on or
after the date that is 60 days after such date of enactment.
(b) Russian Sovereign Debt Defined.--In this section, the term
``Russian sovereign debt'' means--
(1) bonds issued by the Central Bank of the Russian
Federation, the Russian National Wealth Fund, the Russian
Federal Treasury, or agents, instrumentalities, or affiliates
of such institutions, regardless of the currency in which they
are denominated and with a maturity of more than 14 days;
(2) foreign exchange swap agreements with the Central Bank
of the Russian Federation, the Russian National Wealth Fund, or
the Russian Federal Treasury, regardless of the currency in
which they are denominated and with a duration of more than 14
days; and
(3) any other financial instrument, the maturity or
duration of which is more than 14 days, that the President
determines represents the sovereign debt of Russia.
(c) Requirement To Publish Guidance.--The President shall publish
guidance on the implementation of the regulations issued pursuant to
subsection (a) concurrently with the publication of such regulations.
SEC. 5. IMPOSITION OF SANCTIONS RELATED TO NORD STREAM 2.
(a) Imposition of Sanctions.--Not later than 10 days after the date
of the enactment of this Act, the President shall impose sanctions
under subsection (b)(1) with respect to--
(1) any entity responsible for planning, construction,
maintenance, technical assistance, engineering assistance,
financing, or operation of the Nord Stream 2 pipeline or a
successor entity; and
(2) any other corporate officer of or principal shareholder
with a controlling interest in an entity described in paragraph
(1).
(b) Sanctions Described.--
(1) In general.--The sanctions described in this subsection
are the following:
(A) Blocking of property.--The President shall
exercise all of the powers granted to the President
under the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.) to the extent necessary to
block and prohibit all transactions in property and
interests in property of the foreign person if such
property and interests in property are in the United
States, come within the United States, or are or come
within the possession or control of a United States
person.
(B) Aliens ineligible for visas, admission, or
parole.--
(i) Visas, admission, or parole.--An alien
who the Secretary of State or the Secretary of
Homeland Security (or a designee of one of such
Secretaries) knows, or has reason to believe,
has knowingly engaged in any activity described
in subsection (a) is--
(I) inadmissible to the United
States;
(II) ineligible to receive a visa
or other documentation to enter the
United States; and
(III) otherwise ineligible to be
admitted or paroled into the United
States or to receive any other benefit
under the Immigration and Nationality
Act (8 U.S.C. 1101 et seq.).
(ii) Current visas revoked.--
(I) In general.--The issuing
consular officer, the Secretary of
State, or the Secretary of Homeland
Security (or a designee of one of such
Secretaries) shall, in accordance with
section 221(i) of the Immigration and
Nationality Act (8 U.S.C. 1201(i)),
revoke any visa or other entry
documentation issued to an alien
described in clause (i) regardless of
when the visa or other entry
documentation is issued.
(II) Effect of revocation.--A
revocation under subclause (I) shall
take effect immediately and shall
automatically cancel any other valid
visa or entry documentation that is in
the alien's possession.
(2) Exceptions.--
(A) United nations headquarters agreement.--The
sanctions described under paragraph (1)(B) shall not
apply with respect to an alien if admitting or paroling
the alien into the United States is necessary to permit
the United States to comply with the Agreement
regarding the Headquarters of the United Nations,
signed at Lake Success June 26, 1947, and entered into
force November 21, 1947, between the United Nations and
the United States, or other applicable international
obligations.
(B) Exception for intelligence, law enforcement,
and national security activities.--Sanctions under
paragraph (1) shall not apply to any authorized
intelligence, law enforcement, or national security
activities of the United States.
(C) Exception relating to importation of goods.--
(i) In general.--Notwithstanding any other
provision of this section, the authorities and
requirements to impose sanctions under this
section shall not include the authority or a
requirement to impose sanctions on the
importation of goods.
(ii) Good defined.--In this subparagraph,
the term ``good'' means any article, natural or
man-made substance, material, supply or
manufactured product, including inspection and
test equipment, and excluding technical data.
(c) Penalties.--The penalties provided for in subsections (b) and
(c) of section 206 of the International Emergency Economic Powers Act
(50 U.S.C. 1705) shall apply to a person that violates, attempts to
violate, conspires to violate, or causes a violation of regulations
promulgated to carry out this section or the sanctions imposed pursuant
to this section to the same extent that such penalties apply to a
person that commits an unlawful act described in section 206(a) of that
Act.
(d) Implementation Authority.--The President may exercise all
authorities provided to the President under sections 203 and 205 of the
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704)
for purposes of carrying out this section.
(e) Regulatory Authority.--The President shall, not later than 10
days after the date of the enactment of this Act, promulgate
regulations as necessary for the implementation of this section.
(f) Repeal of National Interest Waiver Under Protecting Europe's
Energy Security Act of 2019.--Section 7503 of the Protecting Europe's
Energy Security Act of 2019 (title LXXV of Public Law 116-92; 22 U.S.C.
9526 note) is amended--
(1) in subsection (a)(1)(C), by striking ``subsection (i)''
and inserting ``subsection (h)'';
(2) by striking subsection (f);
(3) by redesignating subsections (g) through (k) as
subsections (f) through (j), respectively; and
(4) in subsection (i), as redesignated by paragraph (3), by
striking ``subsection (h)'' and inserting ``subsection (g)''.
SEC. 6. REPORT ON PERSONAL WEALTH OF VLADIMIR PUTIN AND HIS FAMILY
MEMBERS.
(a) In General.--Not later than 120 days after the date of the
enactment of this Act, the President shall submit to the appropriate
congressional committees a report on the estimated net worth and known
sources of income of Vladimir Putin and his family members, as well as
of Alina Kabaeva, including assets, investments, other business
interests, and relevant beneficial ownership information.
(b) Form.--
(1) In general.--The report required by subsection (a)
shall be submitted in unclassified form, and may not include a
classified annex.
(2) Public availability of information.--The report
required by subsection (a) shall be made available on a
publicly available internet website of the Federal Government.
SEC. 7. DETERMINATION RELATING TO IMPOSITION OF SANCTIONS AGAINST
CERTAIN RUSSIAN PERSONS AND FORMER RUSSIAN OFFICIALS.
(a) Determination With Respect to Imposition of Sanctions.--Not
later than 30 days after the date of the enactment of this Act, the
President shall submit to the appropriate congressional committees a
determination, including a detailed justification, of whether any
person listed in subsection (b) meets the criteria for the imposition
of sanctions pursuant to section 1263(b) of the Global Magnitsky Human
Rights Accountability Act (subtitle F of title XII of Public Law 114-
328; 22 U.S.C. 2656).
(b) Persons Listed.--The persons listed in this subsection, which
include Russian persons and current and former Russian officials, are
the following:
(1) Roman Abramovich, businessman.
(2) Denis Bortnikov, Deputy President and Chairman of the
Management Board of VTB Bank.
(3) Andrey Kostin, President and Chairman of the Management
Board of VTB Bank.
(4) Dmitry Patrushev, Minister of Agriculture.
(5) Igor Shuvalov, Chairman of the State Development
Corporation VEB.
(6) Alisher Usmanov, businessman.
(7) Oleg Deripaska, businessman.
(8) Alexei Miller, Chairman of the Management Committee of
Gazprom.
(9) Igor Sechin, Chairman of the Management Board of
Rosneft.
(10) Gennady Timchenko, businessman.
(11) Nikolai Tokarev, Chairman of Transneft.
(12) Andrey Vorobyev, Governor of the Moscow Region XIII.
(13) Mikhail Murashko, Minister of Health.
(14) Vladimir Solovyev, media personality.
(15) Alexander Bastrykin, Head of the Investigative
Committee.
(16) Alexander Bortnikov, Director of the Federal Security
Service (FSB).
(17) Konstantin Ernst, Chief Executive Officer 25 of
Channel One TV station.
(18) Victor Gavrilov, Head of the Department of Transport
of the Economic Security Service.
(19) Dmitry Ivanov, Head of Chelyabinsk FSB.
(20) Alexander Kalashnikov, Director of the Federal
Penitentiary Service (FSIN).
(21) Sergei Kirienko, First Deputy Head of the Presidential
Administration.
(22) Elena Morozova, Judge of Khimki District Court.
(23) Denis Popov, Chief Prosecutor of Moscow.
(24) Margarita Simonyan, Editor-in-Chief of RT.
(25) Igor Yanchuk, Head of the Khimki Police Department.
(26) Victor Zolotov, Director of the National Guard.
(27) Alexander Beglov, Governor of St. Petersburg.
(28) Yuri Chaika, former Prosecutor General.
(29) Andrei Kartapolov, Deputy Defense Minister.
(30) Pavel Krasheninnikov, Parliamentarian and former
Justice Minister.
(31) Mikhail Mishustin, Prime Minister of Russia.
(32) Ella Pamfilova, Head of Central Electoral 2
Commission.
(33) Dmitry Peskov, Presidential Press Secretary.
(34) Sergei Sobyanin, Mayor of Moscow.
(35) Anton Vaino, Head of the Presidential Administration.
SEC. 8. IMPOSITION OF SANCTIONS ON KLEPTOCRATS AND SENIOR POLITICAL
FIGURES OF THE RUSSIAN FEDERATION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, the President shall impose sanctions under
subsection (b) with respect to--
(1) any person in the Russian Federation involved in
kleptocracy and participating or aiding or assisting in the
Government of the Russian Federation's subversive activity
against the United States democratic institutions and
interests, or any person within the Government of the Russian
Federation involved in furthering the Russian Federation's
subversive activity against the United States democratic
institutions and interests;
(2) any person, or network of persons, involved in
assisting the Government of the Russian Federation's campaign
of disinformation against the United States; and
(3) any person who is an adult family member, including a
spouse or adult child, of a person who has engaged in an
activity described in paragraph (1) or (2).
(b) Sanctions Described.--
(1) In general.--The sanctions described in this subsection
are the following:
(A) Blocking of property.--The President shall
exercise all of the powers granted to the President
under the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.) to the extent necessary to
block and prohibit all transactions in property and
interests in property of the foreign person if such
property and interests in property are in the United
States, come within the United States, or are or come
within the possession or control of a United States
person.
(B) Aliens ineligible for visas, admission, or
parole.--
(i) Visas, admission, or parole.--An alien
who the Secretary of State or the Secretary of
Homeland Security (or a designee of one of such
Secretaries) knows, or has reason to believe,
has knowingly engaged in any activity described
in subsection (a) is--
(I) inadmissible to the United
States;
(II) ineligible to receive a visa
or other documentation to enter the
United States; and
(III) otherwise ineligible to be
admitted or paroled into the United
States or to receive any other benefit
under the Immigration and Nationality
Act (8 U.S.C. 1101 et seq.).
(ii) Current visas revoked.--
(I) In general.--The issuing
consular officer, the Secretary of
State, or the Secretary of Homeland
Security (or a designee of one of such
Secretaries) shall, in accordance with
section 221(i) of the Immigration and
Nationality Act (8 U.S.C. 1201(i)),
revoke any visa or other entry
documentation issued to an alien
described in clause (i) regardless of
when the visa or other entry
documentation is issued.
(II) Effect of revocation.--A
revocation under subclause (I) shall
take effect immediately and shall
automatically cancel any other valid
visa or entry documentation that is in
the alien's possession.
(2) Exceptions.--
(A) United nations headquarters agreement.--The
sanctions described under paragraph (1)(B) shall not
apply with respect to an alien if admitting or paroling
the alien into the United States is necessary to permit
the United States to comply with the Agreement
regarding the Headquarters of the United Nations,
signed at Lake Success June 26, 1947, and entered into
force November 21, 1947, between the United Nations and
the United States, or other applicable international
obligations.
(B) Exception for intelligence, law enforcement,
and national security activities.--Sanctions under
paragraph (1) shall not apply to any authorized
intelligence, law enforcement, or national security
activities of the United States.
(C) Exception relating to importation of goods.--
(i) In general.--Notwithstanding any other
provision of this section, the authorities and
requirements to impose sanctions under this
section shall not include the authority or a
requirement to impose sanctions on the
importation of goods.
(ii) Good defined.--In this subparagraph,
the term ``good'' means any article, natural or
man-made substance, material, supply or
manufactured product, including inspection and
test equipment, and excluding technical data.
(c) Penalties.--The penalties provided for in subsections (b) and
(c) of section 206 of the International Emergency Economic Powers Act
(50 U.S.C. 1705) shall apply to a person that violates, attempts to
violate, conspires to violate, or causes a violation of regulations
promulgated to carry out this section or the sanctions imposed pursuant
to this section to the same extent that such penalties apply to a
person that commits an unlawful act described in section 206(a) of that
Act.
(d) Implementation Authority.--The President may exercise all
authorities provided to the President under sections 203 and 205 of the
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704)
for purposes of carrying out this section.
(e) Regulatory Authority.--The President shall, not later than 30
days after the date of the enactment of this Act, promulgate
regulations as necessary for the implementation of this section.
(f) Determination Required.--
(1) In general.--Not later than 60 days after the date of
the enactment of this Act, the President shall issue a
determination, including a detailed justification, as to
whether any of the persons described in paragraph (2) meet the
criteria for the imposition of sanctions pursuant to--
(A) this section;
(B) section 1263(b) of the Global Magnitsky Human
Rights Accountability Act (subtitle F of title XII of
Public Law 114-328; 22 U.S.C. 2656);
(C) Executive Order No. 13660 (79 Fed. Reg. 13493;
relating to blocking property of certain persons
contributing to the situation in Ukraine); or
(D) Executive Order No. 13661 (79 Fed. Reg. 15535;
relating to blocking property of additional persons
contributing to the situation in Ukraine), Executive
Order No. 13662 (79 Fed. Reg. 16169; relating to
blocking property of additional persons contributing to
the situation in Ukraine).
(2) Persons described.--The persons described in this
paragraph are the following:
(A) Vladimir Putin, the President of the Russian
Federation.
(B) Each member of the cabinet of the Russian
Federation.
(C) Mikhail Fridman and Petr Aven, principals of
Alfa Group.
(D) Iskander Makhmudov and Andrey Bokarev,
principals of Transmashholding and other companies.
(E) Dmitry Rybolovlev, former principal of Uralkali
and currently an owner of the Monaco football club and
multiple other assets in the West.
(F) Mikhail Gutseriev, who runs oil and potash
businesses for the benefit of President of Belarus
Alexander Lukashenka.
(G) Ruben Vardanyan, former principal of Troika
Dialog and sponsor of Skolkovo school.
(H) Alexander Vinokurov, son-in-law of Foreign
Minister of the Russian Federation Sergey Lavrov, and
principal of Marathon Group.
SEC. 9. IMPOSITION OF SANCTIONS ON STATE DEVELOPMENT CORPORATIONS IN
THE RUSSIAN FEDERATION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, the President shall impose sanctions under
subsection (b) with respect to--
(1) any entity that is a state development corporation in
the Russian Federation; and
(2) any official of an entity described in paragraph (1).
(b) Sanctions Described.--
(1) In general.--The sanctions described in this subsection
are the following:
(A) Blocking of property.--The President shall
exercise all of the powers granted to the President
under the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.) to the extent necessary to
block and prohibit all transactions in property and
interests in property of the entity if such property
and interests in property are in the United States,
come within the United States, or are or come within
the possession or control of a United States person.
(B) Aliens ineligible for visas, admission, or
parole.--
(i) Visas, admission, or parole.--An alien
who the Secretary of State or the Secretary of
Homeland Security (or a designee of one of such
Secretaries) knows, or has reason to believe,
has knowingly engaged in any activity described
in subsection (a) is--
(I) inadmissible to the United
States;
(II) ineligible to receive a visa
or other documentation to enter the
United States; and
(III) otherwise ineligible to be
admitted or paroled into the United
States or to receive any other benefit
under the Immigration and Nationality
Act (8 U.S.C. 1101 et seq.).
(ii) Current visas revoked.--
(I) In general.--The issuing
consular officer, the Secretary of
State, or the Secretary of Homeland
Security (or a designee of one of such
Secretaries) shall, in accordance with
section 221(i) of the Immigration and
Nationality Act (8 U.S.C. 1201(i)),
revoke any visa or other entry
documentation issued to an alien
described in clause (i) regardless of
when the visa or other entry
documentation is issued.
(II) Effect of revocation.--A
revocation under subclause (I) shall
take effect immediately and shall
automatically cancel any other valid
visa or entry documentation that is in
the alien's possession.
(2) Exceptions.--
(A) UN headquarters agreement.--The sanctions
described under paragraph (1)(B) shall not apply with
respect to an alien if admitting or paroling the alien
into the United States is necessary to permit the
United States to comply with the Agreement regarding
the Headquarters of the United Nations, signed at Lake
Success June 26, 1947, and entered into force November
21, 1947, between the United Nations and the United
States, or other applicable international obligations.
(B) Exception for intelligence, law enforcement,
and national security activities.--Sanctions under
paragraph (1) shall not apply to any authorized
intelligence, law enforcement, or national security
activities of the United States.
(C) Exception relating to importation of goods.--
(i) In general.--Notwithstanding any other
provision of this section, the authorities and
requirements to impose sanctions under this
section shall not include the authority or a
requirement to impose sanctions on the
importation of goods.
(ii) Good defined.--In this subparagraph,
the term ``good'' means any article, natural or
man-made substance, material, supply or
manufactured product, including inspection and
test equipment, and excluding technical data.
(c) Penalties.--The penalties provided for in subsections (b) and
(c) of section 206 of the International Emergency Economic Powers Act
(50 U.S.C. 1705) shall apply to a person that violates, attempts to
violate, conspires to violate, or causes a violation of regulations
promulgated to carry out this section or the sanctions imposed pursuant
to this section to the same extent that such penalties apply to a
person that commits an unlawful act described in section 206(a) of that
Act.
(d) Implementation Authority.--The President may exercise all
authorities provided to the President under sections 203 and 205 of the
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704)
for purposes of carrying out this section.
(e) Regulatory Authority.--The President shall, not later than 30
days after the date of the enactment of this Act, promulgate
regulations as necessary for the implementation of this section.
(f) Determination Required.--Not later than 60 days after the date
of the enactment of this Act, the President shall issue a
determination, including a detailed justification, as to whether
Vnesheconombank (VEB), a state development corporation in the Russian
Federation, or any official of VEB meets the criteria for the
imposition of sanctions pursuant to this section.
SEC. 10. FUNDING LIMITATION ON CYBER DIALOGUE WITH THE RUSSIAN
FEDERATION.
Notwithstanding any other provision of law, no funds may be
obligated or expended on a cyber dialogue with the Russian Federation
until the President certifies to the appropriate congressional
committees that cyber attacks from Russian entities and individuals
against the United States have ceased.
SEC. 11. FUNDING LIMITATION ON ARMS CONTROL NEGOTIATIONS OR THE
STRATEGIC STABILITY DIALOGUE WITH THE RUSSIAN FEDERATION.
Notwithstanding any other provision of law, no funds may be
obligated or expended on arms control negotiations or on Strategic
Stability dialogue with the Russian Federation until the President
certifies to the appropriate congressional committees that the Russian
Federation has completely, fully, and verifiably withdrawn all forces,
including proxy forces, from Ukraine and has reversed its illegal
annexation of Crimea.
SEC. 12. APPROPRIATE CONGRESSIONAL COMMITTEES DEFINED.
In this Act, the term ``appropriate congressional committees''
means--
(1) the Committee on Foreign Affairs, the Committee on
Armed Services, and the Committee on Financial Services of the
House of Representatives; and
(2) the Committee on Foreign Relations, the Committee on
Armed Services, and the Committee on Banking, Housing, and
Urban Affairs of the Senate.
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