117 HR 6891 EH: Isolate Russian Government Officials Act of 2022 U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 117th CONGRESS2d Session H. R. 6891 IN THE HOUSE OF REPRESENTATIVES AN ACT To exclude government officials of the Russian Federation from certain international meetings, and for other purposes.

1.

Short title

This Act may be cited as the Isolate Russian Government Officials Act of 2022.

2.

Exclusion of government officials of the Russian Federation

(a)

Policy of the United States

It is the policy of the United States to seek to exclude government officials of the Russian Federation, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1)Group of 20. (2)Bank for International Settlements. (3)Basel Committee for Banking Standards. (4)Financial Stability Board. (5)International Association of Insurance Supervisors. (6)International Organization of Securities Commissions. (b)

Implementation

The Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission, as the case may be, shall take all necessary steps to advance the policy set forth in subsection (a). (c)

Termination

This section shall have no force or effect on the earlier of— (1)the date that is 5 years after the date of enactment of this Act; or (2)30 days after the date that the President reports to Congress that the government of the Russian Federation has ceased its destabilizing activities with respect to the sovereignty and territorial integrity of Ukraine. (d)

Waiver

The President may waive the application of this section if the President reports to the Congress that the waiver is in the national interest of the United States and includes an explanation of the reasons therefor.

Passed the House of Representatives May 11, 2022.Cheryl L. Johnson,Clerk.