H.R.2548

H. R. 2548

April 1, 2025

Mr. Fitzpatrick (for himself, Mr. Quigley, Mr. Wilson of South Carolina, and Ms. Kaptur) introduced the following bill; which was referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Oversight and Government Reform, 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 and other measures with respect to the Russian Federation if the Government of the Russian Federation refuses to negotiate a peace agreement with Ukraine, violates any such agreement, or initiates another military invasion of Ukraine, and for other purposes.

1. Short title; table of contents; 2. Sense of Congress; 3. Definitions; 4. Covered determination; 5. Imposition of sanctions on certain persons affiliated with or supporting the Government of the Russian Federation; 6. Imposition of sanctions with respect to financial institutions affiliated with the Government of the Russian Federation; 7. Imposition of sanctions with respect to other entities owned by or affiliated with the Government of the Russian Federation; 8. Prohibition on transfers of funds involving the Russian Federation; 9. Prohibition on listing or trading of Russian entities on United States securities exchanges; 10. Prohibition on investments by United States financial institutions that benefit the Government of the Russian Federation; 11. Prohibition on energy exports to, and investments in energy sector of, the Russian Federation; 12. Prohibition on purchases of sovereign debt of the Russian Federation by United States persons; 13. Prohibition on provision of services to sanctioned financial institutions by international financial messaging systems; 14. Prohibition on importing, and sanctions with respect to, uranium from the Russian Federation; 15. Increases in duties on goods and services imported from the Russian Federation; 16. Imposition of CAATSA sanctions; 17. Duties on countries that purchase Russian-origin oil, uranium, and petroleum products; 18. Exceptions; 19. Implementation; penalties; 20. Termination authority; reimposition of sanctions