[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6891 Referred in Senate (RFS)]

<DOC>
117th CONGRESS
  2d Session
                                H. R. 6891


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 12, 2022

Received; read twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 AN ACT


 
To exclude government officials of the Russian Federation from certain 
            international meetings, 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 ``Isolate Russian Government Officials 
Act of 2022''.

SEC. 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.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.