[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4825 Introduced in House (IH)]

<DOC>






118th CONGRESS
  1st Session
                                H. R. 4825

 To require the imposition of sanctions and other measures relating to 
       the Russian oil price cap policy, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 24, 2023

  Ms. Dean of Pennsylvania (for herself and Mr. Barr) introduced the 
 following bill; which was referred to the Committee on Foreign Affairs

_______________________________________________________________________

                                 A BILL


 
 To require the imposition of sanctions and other measures relating to 
       the Russian oil price cap policy, 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 ``No Illegal Oil from Russia Act of 
2023''.

SEC. 2. DIPLOMATIC STRATEGY TO ENHANCE INTERNATIONAL COMPLIANCE WITH 
              THE RUSSIAN OIL PRICE CAP POLICY.

    (a) Strategy.--Not later than 180 days after the date of enactment 
of this Act, the Secretary of State and the Secretary of the Treasury 
shall jointly submit to the Committee on Foreign Affairs of the House 
of Representatives and the Committee on Foreign Relations of the Senate 
a strategy to enhance international compliance with the Russian oil 
price cap policy.
    (b) Matters.--The strategy under subsection (a) shall include--
            (1) an overview of general international compliance with 
        the Russian oil price cap policy;
            (2) a list of the countries known to have purchased 
        significant quantities of Russian oil at prices above the price 
        agreed to in the Russian oil price cap policy set forth by the 
        Group of Seven (``G7'') nations;
            (3) any known methods used by such countries to avoid 
        detection of their purchases of Russian oil at prices above the 
        price agreed to in the Russian oil price cap policy;
            (4) an assessment of possible incentives the United States 
        could provide to countries listed pursuant to paragraph (2) to 
        encourage compliance with the Russian oil price cap policy;
            (5) an assessment of whether the imposition of additional 
        sanctions, including possible secondary sanctions, would 
        enhance international compliance with the Russian oil price cap 
        policy;
            (6) a description of the views of the government of each 
        country participating in the Russian oil price cap policy 
        regarding whether the price cap under such policy should be 
        lowered or not; and
            (7) a description of the United States diplomatic 
        engagement with the government of each country participating in 
        the Russian oil price cap policy regarding the appropriateness 
        of the current cap, including any diplomatic engagement 
        intended to encourage support for the lowering of the price 
        cap.

SEC. 3. REPORTS ON GLOBAL IMPACT OF THE RUSSIAN OIL PRICE CAP POLICY.

    (a) In General .--Not later than 60 days after the date of 
enactment of this Act, and every 90 days thereafter until the date 
described in subsection (d), the Secretary of State, in coordination 
with the Secretary of the Treasury and the Secretary of Energy, shall 
submit to the appropriate congressional committees a report on the 
global impact of the Russian oil price cap policy.
    (b) Elements.--Each report under subsection (a) shall include an 
analysis of the impact of the Russian oil price cap policy during the 
90-day period covered by the report, and a forecast of such impact over 
the subsequent 180 days, with respect to the following metrics:
            (1) Global crude oil prices, including a comparison of 
        global crude oil prices over time since December 2022, and the 
        price set in the oil price cap policy.
            (2) The volume and sale price of Russian crude and refined 
        oil product exports.
            (3) Revenue earned by the Russian Federation through 
        exports of oil products.
            (4) Russian oil production levels.
            (5) Revenue collected by entities located in a G7 country, 
        the European Union, or Australia that provide maritime services 
        including--
                    (A) trading and commodities brokering;
                    (B) financing;
                    (C) shipping;
                    (D) insurance, including reinsurance and protection 
                and indemnity; and
                    (E) flagging; and customs brokering.
            (6) The economies of G7 countries, member states of the 
        European Union, and Australia.
    (c) Appropriate Congressional Committees Defined.--In this section, 
the term ``appropriate congressional committees'' means--
            (1) the Committee on Foreign Relations and the Committee on 
        Energy and Natural Resources of the Senate; and
            (2) the Committee on Foreign Affairs and the Committee on 
        Energy and Commerce of the House of Representatives.
    (d) Sunset.--The date described in this subsection is the earlier 
of the following:
            (1) The date that is 3 years after the date of enactment of 
        this Act.
            (2) The date on which the Russian oil price cap policy 
        ceases to be in effect.

SEC. 4. IMPOSITION OF SANCTIONS.

    (a) In General.--Not later than 180 days after the date of the 
enactment of this Act, the President shall, pursuant to subsection (b), 
block the assets of any foreign person that the President determines is 
a foreign vessel that knowingly transports Russian oil in contravention 
of the Russian oil price cap policy.
    (b) Asset Blocking.--Notwithstanding the requirements of section 
202 of the International Emergency Economic Powers Act (50 U.S.C. 
1701), the President may exercise all powers granted to the President 
by that Act to the extent necessary to block and prohibit all 
transactions in all 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.
    (c) Exceptions.--
            (1) Exception for certain government entities.--Sanctions 
        under this section shall not apply with respect to a vessel 
        registered under the jurisdiction of--
                    (A) a member country of the European Union;
                    (B) Australia; or
                    (C) a G7 country.
            (2) Exception relating to the provision of humanitarian 
        assistance.--Sanctions under this section may not be imposed 
        with respect to transactions or the facilitation of 
        transactions for--
                    (A) the provision of humanitarian assistance; and
                    (B) transporting goods or services that are 
                necessary to carry out operations relating to 
                humanitarian assistance or humanitarian purposes;
            (3) Exception for safety of vessels and crew.--Sanctions 
        under this section shall not apply with respect to a person 
        providing provisions to a vessel otherwise subject to sanctions 
        under this section if such provisions are intended for the 
        safety and care of the crew aboard the vessel, the protection 
        of human life aboard the vessel, or the maintenance of the 
        vessel to avoid any environmental or other significant damage.
            (4) Exception to comply with national security.--The 
        following activities shall be exempt from sanctions under this 
        section:
                    (A) Activities subject to the reporting 
                requirements under title V of the National Security Act 
                of 1947 (50 U.S.C. 3091 et seq.).
                    (B) Any authorized intelligence, law enforcement, 
                or other national security activities of the United 
                States.
    (d) National Interest Waiver.--The President may waive the 
application of sanctions under this section with respect to a person if 
the President--
            (1) determines that the waiver is in the national interests 
        of the United States; and
            (2) submits to the appropriate congressional committees a 
        report on the waiver and the reasons for the waiver.
    (e) Implementation; Penalties.--
            (1) Implementation.--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) to carry out this section.
            (2) Penalties.--A person that violates, attempts to 
        violate, conspires to violate, or causes violation of this 
        section or any regulation, license, or order issued to carry 
        out this section shall be subject to the penalties set forth in 
        subsections (b) and (c) of section 206 of International 
        Emergency Economic Powers Act (50 U.S.C. 1705) to the same 
        extent as a person that commits an unlawful act described in 
        subsection (a) of that section.
    (f) Sunset.--The authority to impose sanctions under this section 
shall terminate on the date that is the earlier of the following:
            (1) The date that is 5 years after the date of the 
        enactment of this Act.
            (2) The date on which the Russian oil price cap policy 
        ceases to be in effect.
    (g) Consultations.--Prior to the imposition of sanctions under this 
section, the Secretary of State shall consult with the appropriate 
counterparts of the Governments of Australia, G7 countries, and member 
countries of the European Union with respect to the imposition of 
sanctions.
    (h) Appropriate Congressional Committees Defined.--In this section, 
the term ``appropriate congressional committees'' means--
            (1) the Committee on Foreign Relations and the Committee on 
        Banking, Housing, and Urban Affairs of the Senate; and
            (2) the Committee on Foreign Affairs and the Committee on 
        Financial Services of the House of Representatives.

SEC. 5. DEFINITIONS.

    In this Act:
            (1) Foreign person.--The term ``foreign person'' means a 
        person that is not a United States person.
            (2) Knowingly.--The term ``knowingly,'' with respect to 
        conduct, a circumstance, or a result, means that a person has 
        actual knowledge, or should have known, of the conduct, the 
        circumstance, or the result.
            (3) Russian oil price cap policy.-- The term ``Russian oil 
        price cap policy'' means the agreement between the United 
        States, other G7 countries, the European Union, and Australia 
        announced in December 2022 to ban a range of services related 
        to the maritime transport of crude oil of Russian Federation 
        origin unless purchasers buy the oil at or below $60 per 
        barrel, and any subsequent revisions to that agreement.
            (4) United states person.--The term ``United States 
        person'' means--
                    (A) a United States citizen or an alien lawfully 
                admitted for permanent residence to the United States;
                    (B) an entity organized under the laws of the 
                United States or any jurisdiction within the United 
                States, including a foreign branch of such an entity; 
                or
                    (C) any person located in the United States.
                                 <all>