[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5334 Enrolled Bill (ENR)]
H.R.5334
One Hundred Nineteenth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Saturday,
the third day of January, two thousand and twenty-six
An Act
To impose sanctions and other measures with respect to the Russian
Federation, as championed by the late Senator Lindsey O. Graham, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
DIVISION A--LINDSEY O. GRAHAM SANCTIONING RUSSIA AND IRAN ACT OF 2026
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Lindsey O. Graham
Sanctioning Russia and Iran Act of 2026''.
(b) Table of Contents.--The table of contents for this division is
as follows:
Sec. 1. Short title; table of contents.
TITLE I--SANCTIONS WITH RESPECT TO THE RUSSIAN FEDERATION
Sec. 101. Definitions.
Sec. 102. Imposition of sanctions on certain persons affiliated with or
supporting the Government of the Russian Federation.
Sec. 103. Imposition of sanctions with respect to financial institutions
affiliated with the Government of the Russian Federation.
Sec. 104. Imposition of sanctions with respect to other entities owned
or controlled by the Government of the Russian Federation.
Sec. 105. Prohibition on transfers of funds involving the Russian
Federation.
Sec. 106. Prohibition on listing or trading of Russian entities on
United States securities exchanges.
Sec. 107. Prohibition on investment by United States persons in the
Russian Federation.
Sec. 108. Prohibition on energy exports to, and investment in energy
sector of, the Russian Federation.
Sec. 109. Prohibition on purchase of sovereign debt of the Russian
Federation by United States persons.
Sec. 110. Prohibition on provision of services to sanctioned financial
institutions by international financial messaging systems.
Sec. 111. Prohibition on importing, and sanctions with respect to,
uranium from the Russian Federation.
Sec. 112. Increase in duties on goods imported from the Russian
Federation.
Sec. 113. Duties on countries that purchase Russian-origin crude oil or
natural gas or facilitate sanctions evasion.
Sec. 114. Exceptions.
Sec. 115. Waiver.
Sec. 116. Sanctions implementation and penalties.
Sec. 117. Termination.
TITLE II--OTHER MATTERS
Sec. 201. Extension of the Iran Sanctions Act of 1996.
Sec. 202. Severability.
Sec. 203. Sunset.
TITLE I--SANCTIONS WITH RESPECT TO THE RUSSIAN FEDERATION
SEC. 101. DEFINITIONS.
In this title:
(1) Account; correspondent account; payable-through account.--
The terms ``account'', ``correspondent account'', and ``payable-
through account'' have the meanings given those terms in section
5318A of title 31, United States Code.
(2) Adequate maritime insurance.--The term ``adequate maritime
insurance''--
(A) means verified documentation evidencing protection and
indemnity insurance with audited financial statements of the
insurer; and
(B) does not include insurance provided by an insurer
organized under the laws of the Russian Federation or otherwise
subject to the jurisdiction of the Government of the Russian
Federation.
(3) Admission; admitted; alien; etc.--The terms ``admission'',
``admitted'', ``alien'', and ``lawfully admitted for permanent
residence'' have the meanings given those terms in section 101 of
the Immigration and Nationality Act (8 U.S.C. 1101).
(4) Armed forces of the russian federation.--The term ``Armed
Forces of the Russian Federation'' includes--
(A) the Aerospace Forces of the Russian Federation;
(B) the Airborne Forces of the Russian Federation;
(C) the Ground Forces of the Russian Federation;
(D) the Navy of the Russian Federation;
(E) the Special Operations Command of the Russian
Federation;
(F) the Strategic Rocket Forces of the Russian Federation;
(G) the General Staff of the Armed Forces of the Russian
Federation;
(H) the Main Directorate of the General Staff of the Armed
Forces of the Russian Federation (formerly known as the Main
Intelligence Directorate of the Russian Federation);
(I) the Federal Security Service of the Russian Federation;
(J) the Foreign Intelligence Service of the Russian
Federation;
(K) cyber actors of the Government of the Russian
Federation; and
(L) any successor entities or proxies of the entities
described in subparagraphs (A) through (K).
(5) Blocked property.--The term ``blocked property'' means any
property blocked pursuant to the authority of the President under
section 203 of the International Emergency Economic Powers Act (50
U.S.C. 1702).
(6) Critical infrastructure.--
(A) In general.--The term ``critical infrastructure'', with
respect to Ukraine, means systems and assets, whether physical
or virtual, so vital to Ukraine that the incapacity or
destruction of such systems and assets would have catastrophic
regional or national effects on public health or safety,
economic security, or national security.
(B) Included sectors.--The term ``critical infrastructure''
includes assets in the following sectors:
(i) Biotechnology.
(ii) Chemical.
(iii) Commercial facilities.
(iv) Communications.
(v) Critical manufacturing.
(vi) Dams.
(vii) Defense industrial base.
(viii) Emergency services.
(ix) Energy.
(x) Financial services.
(xi) Food and agriculture.
(xii) Government facilities.
(xiii) Healthcare and public health.
(xiv) Information technology.
(xv) Materials and waste.
(xvi) Nuclear reactors.
(xvii) Space.
(xviii) Transportation systems.
(xix) Water and wastewater systems.
(7) Foreign person.--The term ``foreign person'' means an
individual or entity that is not a United States person.
(8) Knowing; knowingly; knows.--The terms ``knowing'',
``knowingly'', and ``knows'', with respect to conduct, a
circumstance, or a result, means that a person had actual
knowledge, or should have known, of the conduct, the circumstance,
or the result.
(9) Military invasion.--The term ``military invasion''
includes--
(A) a ground operation or assault;
(B) an amphibious landing or assault;
(C) an airborne operation or air assault;
(D) an aerial bombardment or blockade;
(E) missile attacks, including rockets, ballistic missiles,
cruise missiles, and hypersonic missiles;
(F) a naval bombardment or armed blockade;
(G) a destructive or destabilizing cyberattack against
critical infrastructure; and
(H) an attack by a country on any territory controlled or
administered by any other independent, sovereign country,
including offshore islands controlled or administered by that
country.
(10) Russian person.--The term ``Russian person'' means--
(A) a citizen or national of the Russian Federation; or
(B) an entity organized under the laws of the Russian
Federation or otherwise subject to the jurisdiction of the
Government of the Russian Federation.
(11) 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; or
(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.
SEC. 102. IMPOSITION OF SANCTIONS ON CERTAIN PERSONS AFFILIATED
WITH OR SUPPORTING THE GOVERNMENT OF THE RUSSIAN FEDERATION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, and every 180 days thereafter, the President
shall--
(1) review any persons and vessels that may be described in
subsection (b); and
(2) after conducting that review--
(A) impose the sanctions described in subsection (e) with
respect to any persons the President determines are described
in subsection (b); and
(B) identify as blocked property any vessels the President
determines are described in subsection (b).
(b) Persons Described.--The persons and vessels described in this
subsection are the following:
(1) The following officials of the Government of the Russian
Federation:
(A) The President of the Russian Federation.
(B) The Prime Minister of the Russian Federation.
(C) The Minister of Defense of the Russian Federation.
(D) The Chief of the General Staff of the Armed Forces of
the Russian Federation.
(E) The Deputy Ministers of Defense of the Russian
Federation.
(F) The Commander-in-Chief of the Land Forces of the
Russian Federation.
(G) The Commander-in-Chief of the Aerospace Forces of the
Russian Federation.
(H) The Commander of the Airborne Forces of the Russian
Federation.
(I) The Commander-in-Chief of the Navy of the Russian
Federation.
(J) The Commander of the Strategic Rocket Forces of the
Russian Federation.
(K) The Commander of the Special Operations Forces of the
Russian Federation.
(L) The Commander of Logistical Support of the Armed Forces
of the Russian Federation.
(M) The commanders of the Russian Federation military
districts.
(N) The Minister of Foreign Affairs of the Russian
Federation.
(O) The Minister of Transport of the Russian Federation.
(P) The Minister of Finance of the Russian Federation.
(Q) The Minister of Industry and Trade of the Russian
Federation.
(R) The Minister of Energy of the Russian Federation.
(S) The Minister of Agriculture of the Russian Federation.
(T) The Director of the Foreign Intelligence Service of the
Russian Federation.
(U) The Director of the Federal Security Service of the
Russian Federation.
(V) The Director of the Main Directorate of the General
Staff of the Armed Forces of the Russian Federation.
(W) The Director of the National Guard of the Russian
Federation.
(X) The Federal Guard Service of the Russian Federation.
(Y) Any other senior official of the Government of the
Russian Federation, as determined by the President.
(2) Any foreign person that the President determines, on or
after the date of the enactment of this Act--
(A) knowingly sells, leases, or provides, or facilitates
selling, leasing, or providing, goods or services relating to
the defense industrial base of the Russian Federation,
including--
(i) computer numerical control (CNC) tools and
associated machinery, software, and maintenance or upgrade
services;
(ii) lubricant additives;
(iii) nitrocellulose, wood cellulose, and associated
additives and components necessary for the production of
propellant or energetics for munitions;
(iv) chemical coatings;
(v) fiber optic cables with military applications and
associated technologies needed to manufacture such cables;
(vi) advanced sensors;
(vii) items on the Common High Priority Items List
maintained by the Bureau of Industry and Security of the
Department of Commerce; or
(viii) any additional items determined by the Secretary
of State, in consultation with the Secretary of Commerce,
to be critical to the defense industrial base of the
Russian Federation;
(B) knowingly facilitates deceptive or structured
transactions to provide the goods and services described in
subparagraph (A);
(C) knowingly conducts a significant transaction with the
Armed Forces of the Russian Federation;
(D) knowingly engages, directly or indirectly, in
activities that--
(i) materially undermine the military readiness of
Ukraine;
(ii) seek to overthrow, dismantle, or subvert the
Government of Ukraine;
(iii) debilitate the critical infrastructure of
Ukraine;
(iv) debilitate cybersecurity systems through malicious
electronic attacks or cyberattacks on Ukraine;
(v) undermine the democratic processes of Ukraine;
(vi) undermine the peace, security, political
stability, or territorial integrity of Ukraine; or
(vii) involve committing serious abuses of
internationally recognized human rights against citizens of
Ukraine, including forcible transfers, enforced
disappearances, unjust detainment, forced deportation of
children, or torture;
(E) is a leader, official, senior executive officer, or
member of the board of directors of, or principal shareholder
with a controlling or majority interest in, an entity that is
operating in the defense industrial base or energy or
transportation sectors of the economy of the Russian Federation
in support of the Armed Forces of the Russian Federation;
(F) is an oligarch in the Russian Federation who--
(i) has not demonstrated opposition to the Russian
Federation's war on Ukraine; or
(ii) continues, on or after the date of the enactment
of this Act, to benefit from an association with the
Government of the Russian Federation;
(G) is responsible for or complicit in, or has directly or
indirectly engaged in, for or on behalf of, or for the benefit
of, directly or indirectly, the Government of the Russian
Federation--
(i) transnational crime, corruption, bribery,
extortion, or money laundering;
(ii) assassination, murder, or other unlawful killing
of, or infliction of other bodily harm or other crimes
against humanity against, a United States person or a
citizen or national of an ally or partner of the United
States;
(iii) activities that undermine the peace, security,
political stability, or territorial integrity of the United
States or an ally or partner of the United States; or
(iv) deceptive or structured transactions or dealings
that circumvent the application of any sanctions imposed by
the United States, including through the use of digital
currencies or assets or the use of physical assets; or
(H) is a leader, official, senior executive officer, or
member of the board of directors of, or principal shareholder
with a controlling or majority interest in, any of the
following Russian energy projects:
(i) The Yamal Liquefied Natural Gas Project or a
successor project.
(ii) The Arctic 1, 2, and 3 Liquefied Natural Gas
Projects or a successor project.
(iii) Projects in the Arctic region carried out after
the date of the enactment of this Act.
(3) Any foreign vessel the President determines, based on
credible information, is used by the Government of the Russian
Federation or Russian persons to move crude oil, uranium, natural
gas, liquefied natural gas, petroleum, petroleum products,
petrochemical products, coal, coal products, arms, or other goods
for the purpose of circumventing sanctions imposed by the United
States or other countries, including any vessel the owner,
operator, or manager of which knowingly--
(A) exhibits or engages in unsafe or nonstandard maritime
behavior in furtherance of the transportation of crude oil,
uranium, natural gas, liquefied natural gas, petroleum,
petroleum products, petrochemical products, coal, or coal
products that originated in the Russian Federation;
(B) lacks adequate maritime insurance for the transport of
goods described in subparagraph (A); or
(C) evades compliance with a price cap for crude oil and
petroleum products that originated in the Russian Federation
established by--
(i) the international coalition made up of Australia,
Canada, the European Union, France, Germany, Italy, Japan,
New Zealand, the United Kingdom, and the United States and
known as the ``Price Cap Coalition''; or
(ii) the United States.
(4) Any foreign person that the President determines
knowingly--
(A) owns, operates, or manages a vessel described in
paragraph (3);
(B) provides underwriting services or insurance or
reinsurance necessary for such a vessel;
(C) serves as a captain or senior leadership of the crew of
such a vessel; or
(D) transfers to the Russian Federation, or provides for
the use of by a Russian person, any vessel designed for the
transportation of crude oil, uranium, natural gas, liquefied
natural gas, petroleum, petroleum products, petrochemical
products, coal, or coal products.
(5) Any foreign vessel that the President determines
knowingly--
(A) transports crude oil, uranium, natural gas, liquefied
natural gas, petroleum, petroleum products, petrochemical
products, coal, or coal products that originated in the Russian
Federation;
(B) engages in a ship-to-ship transfer involving crude oil,
uranium, natural gas, liquefied natural gas, petroleum,
petroleum products, petrochemical products, coal, or coal
products that originated in the Russian Federation with a
vessel that is subject to sanctions imposed by the United
States; or
(C) provides services to a vessel described in subparagraph
(A) or (B).
(6) Any foreign person that the President determines is the
owner or operator of a foreign port that allows a vessel subject to
sanctions imposed by the United States for supporting the Russian
Federation to port or otherwise receive services.
(7) Any foreign person, including a foreign person acting on
behalf of a person described in this subsection (in this paragraph
referred to as the ``sanctioned person''), if the sanctioned person
transferred property or an interest in property to the person--
(A) after the date on which the President imposed sanctions
with respect to the sanctioned person; or
(B) before that date, if the sanctioned person did so in an
attempt to evade the imposition of sanctions.
(c) Vessels Subject to Sanctions by the United Kingdom or European
Union.--In determining under subsection (b)(3) if a vessel is a foreign
vessel used by the Government of the Russian Federation or Russian
persons to move crude oil, uranium, natural gas, liquefied natural gas,
petroleum, petroleum products, petrochemical products, coal, coal
products, arms, or other goods for the purpose of circumventing
sanctions, the President may use as prima facie evidence that the
vessel is subject to sanctions imposed by the United Kingdom, the
European Union, the Group of 7, or a member of the Five Eyes
intelligence alliance.
(d) Maintenance of Certain Sanctions Relating to Specified Harmful
Foreign Activities.--Sanctions and other measures provided for under
any Executive Order issued to address the national emergency that the
President continued on March 24, 2026, with respect to specified
harmful foreign activities of the Government of the Russian Federation
(91 Fed. Reg. 15515), as in effect on the day before the date of the
enactment of this Act, including with respect to all persons sanctioned
under any such Executive Order, shall remain in effect.
(e) Sanctions Described.--The sanctions described in this
subsection to be imposed with respect to a person described in
subsection (b) are the following:
(1) Blocking of property.--The President shall exercise all of
the powers granted by the International Emergency Economic Powers
Act (50 U.S.C. 1701 et seq.) to block any vessel described in
subsection (b), and block and prohibit all transactions in all
property and interests in property of a person described in
subsection (b), 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.
(2) Ineligibility for visas, admission, or parole.--
(A) Visas, admission, or parole.--An alien described in
subsection (b) shall be--
(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.).
(B) Current visas revoked.--
(i) In general.--The visa or other entry documentation
of an alien described in subsection (b) shall be revoked,
regardless of when such visa or other entry documentation
is or was issued.
(ii) Immediate effect.--A revocation under clause (i)
shall--
(I) take effect immediately; and
(II) automatically cancel any other valid visa or
entry documentation that is in the possession of the
alien.
SEC. 103. IMPOSITION OF SANCTIONS WITH RESPECT TO FINANCIAL
INSTITUTIONS AFFILIATED WITH THE GOVERNMENT OF THE RUSSIAN
FEDERATION.
(a) Imposition of Sanctions.--
(1) In general.--Not later than 30 days after the date of the
enactment of this Act, the President shall--
(A) impose 2 or more of the sanctions described in
subsection (d) with respect to the Central Bank of the Russian
Federation (Bank of Russia) and any subsidiary of, or successor
entity to, that Bank;
(B) impose all of the sanctions described in subsection (d)
with respect to--
(i) Sberbank;
(ii) VTB Bank;
(iii) Gazprombank;
(iv) any other financial institution organized under
the laws of the Russian Federation and owned in whole or in
part by the Government of the Russian Federation;
(v) any subsidiary of, or successor entity to, any of
the financial institutions described in clauses (i) through
(iv); and
(vi) except as provided by subsection (c), any foreign
financial institution that engages in significant
transactions with any of the financial institutions
described in clauses (i) through (v); and
(C) impose the sanctions described in section 102(e) with
respect to any leaders, officials, senior executive officers,
or members of the board of directors of, or any principal
shareholders with a controlling or majority interest in, a
financial institution described in subparagraph (A) or (B).
(2) Updates.--Not later than 210 days after the date of the
enactment of this Act, and every 180 days thereafter, the President
shall--
(A) review any persons that may be described in paragraph
(1); and
(B) if sanctions have not been imposed under this
subsection with respect to any person the President determines
is described in paragraph (1), impose such sanctions with
respect to that person.
(b) Prohibition on Transactions by United States Persons.--
Effective on the date that is 30 days after the date of the enactment
of this Act, the President shall prohibit any United States person from
engaging in any transaction with a financial institution described in
subsection (a)(1)(B).
(c) Exception for Certain Financial Institutions.--The President is
not required to impose sanctions under subsection (a)(1)(B) with
respect to a foreign financial institution described in clause (vi) of
that subsection if the Secretary of the Treasury determines that
imposing such sanctions is not consistent with the economic or foreign
policy interests of the United States.
(d) Sanctions Described.--The sanctions described in this
subsection to be imposed with respect to a financial institution
described in subsection (a) are the following:
(1) 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 financial institution 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.
(2) CAATSA sanctions.--Two or more of the sanctions described
in section 235 of the Countering America's Adversaries Through
Sanctions Act (22 U.S.C. 9529) that are not already imposed.
(3) Restrictions on correspondent and payable-through
accounts.--The President shall prohibit the opening, and prohibit
or impose strict conditions on the maintaining, in the United
States, of a correspondent account or payable-through account by
the financial institution.
(e) Rule of Construction.--
(1) Treatment of returns on immobilized russian sovereign
assets.--
(A) In general.--A United States or foreign financial
institution holding immobilized Russian sovereign assets under
the Rebuilding Economic Prosperity and Opportunity for
Ukrainians Act (division F of Public Law 118-50; 22 U.S.C. 9521
note) or any other provision of law is not required to return
any interest earned on those assets and due to the Russian
Federation.
(B) Exception for interest earned.--Subparagraph (A) shall
not be construed as affecting the treatment of interest earned
on the assets of persons the assets of which have been blocked
under any provision of law.
(2) Loans to ukraine using immobilized russian sovereign
assets.--Sanctions imposed under this section shall not apply with
respect to payments on--
(A) the loans provided by the United States and the Group
of 7 or the European Union to Ukraine that are serviced and
repaid with the proceeds of immobilized Russian sovereign
assets; or
(B) any loans from the United States or countries that are
members of the Group of 7 or the European Union made after the
date of the enactment of this Act using proceeds from
immobilized Russian sovereign assets.
SEC. 104. IMPOSITION OF SANCTIONS WITH RESPECT TO OTHER ENTITIES
OWNED OR CONTROLLED BY THE GOVERNMENT OF THE RUSSIAN FEDERATION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, and every 180 days thereafter, the President
shall--
(1) review any entity--
(A) in which the Government of the Russian Federation may
have a controlling or majority ownership interest; or
(B) that may otherwise be affiliated with the Government of
the Russian Federation; and
(2) impose the sanctions described in subsection (b) with
respect to an entity if the President determines that--
(A) the Government of the Russian Federation has a
controlling or majority ownership interest in the entity; or
(B) the entity is otherwise affiliated with the Government
of the Russian Federation.
(b) Sanctions Described.--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 an entity described in subsection (a) 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.
SEC. 105. PROHIBITION ON TRANSFERS OF FUNDS INVOLVING THE RUSSIAN
FEDERATION.
(a) In General.--Except as provided by subsection (b), effective on
the date that is 30 days after the date of the enactment of this Act, a
depository institution (as defined in section 19(b)(1)(A) of the
Federal Reserve Act (12 U.S.C. 461(b)(1)(A))) or a broker or dealer in
securities registered with the Securities and Exchange Commission under
the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) may not
process transfers of funds--
(1) to or from the Government of the Russian Federation,
including any entity owned by the Government of the Russian
Federation; or
(2) for the direct or indirect benefit of officials of the
Government of the Russian Federation.
(b) Exception.--A depository institution, broker, or dealer
described in subsection (a) may process a transfer described in that
subsection if the transfer arises from, and is ordinarily incident and
necessary to give effect to, an underlying transaction that is
authorized by a specific or general license.
SEC. 106. PROHIBITION ON LISTING OR TRADING OF RUSSIAN ENTITIES ON
UNITED STATES SECURITIES EXCHANGES.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, the Securities and Exchange Commission shall
prohibit the securities of an issuer described in subsection (b) from
being traded on a national securities exchange.
(b) Issuers.--An issuer described in this subsection is an issuer
that is--
(1) an official of or individual affiliated with the Government
of the Russian Federation; or
(2) an entity--
(A) in which the Government of the Russian Federation has a
controlling or majority ownership interest; or
(B) that is otherwise affiliated with the Government of the
Russian Federation.
(c) Definitions.--In this section:
(1) Issuer; security.--The terms ``issuer'' and ``security''
have the meanings given those terms in section 3(a) of the
Securities Exchange Act of 1934 (15 U.S.C. 78c(a)).
(2) National securities exchange.--The term ``national
securities exchange'' means an exchange registered as a national
securities exchange in accordance with section 6 of the Securities
Exchange Act of 1934 (15 U.S.C. 78f).
SEC. 107. PROHIBITION ON INVESTMENT BY UNITED STATES PERSONS IN THE
RUSSIAN FEDERATION.
Effective on the date that is 30 days after the date of the
enactment of this Act, the following are prohibited:
(1) New investment in the Russian Federation by a United States
person, wherever located.
(2) The exportation, reexportation, sale, or supply, directly
or indirectly, from the United States, or by a United States
person, wherever located, of any category of services identified by
the Secretary of the Treasury, in consultation with the Secretary
of State, to any person located in the Russian Federation.
(3) Any approval, financing, facilitation, or guarantee by a
United States person, wherever located, of a transaction by a
foreign person if the transaction by that foreign person would be
prohibited by this section if performed by a United States person
or within the United States.
SEC. 108. PROHIBITION ON ENERGY EXPORTS TO, AND INVESTMENT IN
ENERGY SECTOR OF, THE RUSSIAN FEDERATION.
(a) Prohibitions on Investment and Exports.--
(1) In general.--Effective on the date that is 30 days after
the date of the enactment of this Act, the following are
prohibited:
(A) Any new investment in the energy sector of the Russian
Federation by a United States person.
(B) The export, reexport, or in-country transfer to or in
the Russian Federation of any energy or energy product produced
in the United States.
(2) Definitions.--In this subsection, the terms ``export'',
``in-country transfer'', and ``reexport'' have the meanings given
those terms in section 1742 of the Export Control Reform Act of
2018 (50 U.S.C. 4801).
(b) Sanctions.--The President shall impose the sanctions described
in section 102(e) with respect to any foreign person that the President
determines knowingly sells, supplies, transfers, markets, or otherwise
provides goods, services, technology, or other support that facilitates
the maintenance or expansion of the production of oil, uranium, natural
gas, liquefied natural gas, petroleum, petroleum products,
petrochemical products, coal, or coal products for use by any person
subject to sanctions under section 102 or 103.
SEC. 109. PROHIBITION ON PURCHASE OF SOVEREIGN DEBT OF THE RUSSIAN
FEDERATION BY UNITED STATES PERSONS.
Upon the enactment of this Act, the purchase of sovereign debt of
the Government of the Russian Federation by any United States person
(including a United States financial institution) is prohibited.
SEC. 110. PROHIBITION ON PROVISION OF SERVICES TO SANCTIONED
FINANCIAL INSTITUTIONS BY INTERNATIONAL FINANCIAL MESSAGING
SYSTEMS.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, and every 180 days thereafter, the President
shall--
(1) review any person that may be described in subsection (b);
and
(2) impose sanctions pursuant to the International Emergency
Economic Powers Act (50 U.S.C. 1701 et seq.) with respect to any
person the President determines is described in that subsection.
(b) Persons Described.--A person described in this subsection is--
(1) any entity that--
(A) operates with the intent to predominantly engage in the
business of providing global financial messaging services; and
(B) is determined by the Secretary of the Treasury, in
consultation with the Secretary of State, as knowingly being
used to circumvent any sanctions imposed under section 103 or
any other provision of this title; or
(2) a leader, official, senior executive officer, or member of
the board of directors of, or principal shareholder with a
controlling or majority interest in, any entity described in
paragraph (1).
(c) Exception.--The President may waive the imposition of sanctions
under subsection (a) with respect to an entity predominantly engaged in
the business of providing global financial messaging services for,
directly providing such services to, or enabling or facilitating direct
or indirect access to such services for, any financial institution
subject to sanctions under section 103 or any other provision of this
title if--
(1) the entity--
(A) is subject to a sanctions regime under its governing
foreign law that requires it to eliminate the knowing provision
of such services to, and the knowing enabling and facilitation
of direct or indirect access to such services for, foreign
financial institutions identified under such governing foreign
law for purposes of that sanctions regime if the President
determines that the sanctions regime under governing foreign
law is not inconsistent with the economic or foreign policy
interests of the United States; and
(B) has, pursuant to that sanctions regime, terminated the
knowing provision of such services to, and the knowing enabling
and facilitation of direct or indirect access to such services
for, foreign financial institutions identified under such
governing foreign law for purposes of that sanctions regime; or
(2) the entity provides significant financial messaging
services to United States financial institutions, as determined by
the Secretary of the Treasury, in consultation with the Secretary
of State.
(d) Rule of Construction.--Nothing in this section shall be
construed to limit the authority of the President pursuant to the
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).
SEC. 111. PROHIBITION ON IMPORTING, AND SANCTIONS WITH RESPECT TO,
URANIUM FROM THE RUSSIAN FEDERATION.
(a) Implementation of Prohibition on Uranium Imports From the
Russian Federation.--Upon the date of the enactment of this Act, the
President shall take all necessary steps to implement the requirements
of section 3112A(d) of the USEC Privatization Act (42 U.S.C. 2297h-
10a(d)) regarding the importation of uranium from the Russian
Federation, including the importation of any uranium from Rosatom State
Atomic Energy Corporation or any subsidiary or successor entity.
(b) Sanctions.--Beginning on the date described in section
3112A(d)(2)(C) of the USEC Privatization Act (42 U.S.C. 2297h-
10a(d)(2)(C)), and every 180 days thereafter, the President shall
impose sanctions described in section 102(e) with respect to any
leaders, officials, senior executive officers, or members of the board
of directors of, or principal shareholders with a controlling or
majority interest in, Rosatom State Atomic Energy Corporation or any
subsidiary or successor entity.
SEC. 112. INCREASE IN DUTIES ON GOODS IMPORTED FROM THE RUSSIAN
FEDERATION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, the President shall, notwithstanding any other
provision of law, increase the rate of duty for all goods, including
oil, natural gas, liquefied natural gas, petroleum, petroleum products,
petrochemical products, coal, and coal products, imported into the
United States from the Russian Federation to a rate of up to 500
percent ad valorem.
(b) Duty Rate in Addition to Other Duties, Fees, Taxes, Exactions,
or Charges.--The rate of duty required under subsection (a) with
respect to a good described in that subsection shall be in addition to
any other duty, fee, tax, exaction, or charge applicable with respect
to the good, including any duty imposed under title VII of the Tariff
Act of 1930 (19 U.S.C. 1671 et seq.), section 122, 201, or 301 of the
Trade Act of 1974 (19 U.S.C. 2132, 2251, and 2411), or section 232 of
the Trade Expansion Act of 1962 (19 U.S.C. 1862).
SEC. 113. DUTIES ON COUNTRIES THAT PURCHASE RUSSIAN-ORIGIN CRUDE
OIL OR NATURAL GAS OR FACILITATE SANCTIONS EVASION.
(a) In General.--Not later than 30 days after the date of the
enactment of this Act, the President shall, notwithstanding any other
provision of law, increase the rate of duty for all goods imported into
the United States from a country described in subsection (c) (and only
from a country described in subsection (c)) to a rate of up to 100
percent ad valorem.
(b) Modification to Rate of Duty.--At any time after the initial
imposition of duties under subsection (a) or (e), the United States
Trade Representative shall modify or adjust any rate of duty imposed
under subsection (a) or (e) to a rate greater than zero and up to 100
percent ad valorem upon submitting a written determination to the
appropriate congressional committees that a country described in
subsection (c) has taken significant steps--
(1) to increase the importation, sale, supply, transfer, or
purchase of crude oil or natural gas that originated in the Russian
Federation; or
(2) to decrease or cease engaging in the importation, sale,
supply, transfer, or purchase of such crude oil or natural gas.
(c) Country Described.--A country described in this subsection is a
foreign country that--
(1)(A) knowingly made new purchases of crude oil or natural gas
that originated in the Russian Federation on a date that is on or
after 30 days after the date of enactment of this Act; and
(B) was among the 5 largest importers, by total volume, of
crude oil or natural gas that originated in the Russian Federation
during the most recent 12-month period preceding the date of the
enactment of this Act; or
(2) was among the top 5 countries facilitating Russian oil
sanctions evasion during the most recent 12-month period preceding
the date of the enactment of this Act.
(d) Exception.--A duty shall not be imposed under this section with
respect to goods imported from a country described in subsection (c)(1)
for the importation by that country of natural gas that originated in
the Russian Federation if--
(1) that country's total imports of natural gas that originated
in the Russian Federation during the 12-month period described in
subsection (c)(1)(B) were less than 15 percent of the total annual
exports of natural gas from the Russian Federation during that
period; and
(2) that country has taken significant steps to reduce its
imports of natural gas that originated in the Russian Federation.
(e) Subsequent Determinations.--Not later than 180 days after the
initial imposition of duties under subsection (a), and every 180 days
thereafter, the United States Trade Representative, in consultation
with the Secretary of State and the Secretary of Energy, shall--
(1) determine, based on the most recent 12-month period
preceding the determination, the countries that are--
(A) the 5 largest importers of crude oil, by total volume,
originating in the Russian Federation; and
(B) the 5 largest importers of natural gas, by total
volume, originating in the Russian Federation; and
(2) impose duties pursuant to subsection (a) with respect to
goods imported from those countries.
(f) Duty Rate in Addition to Other Duties, Fees, Taxes, Exactions,
or Charges.--A rate of duty imposed under this section with respect to
a good imported from a country described in subsection (c) shall be in
addition to any other duty, fee, tax, exaction, or charge applicable
with respect to the good, including any duty imposed under title VII of
the Tariff Act of 1930 (19 U.S.C. 1671 et seq.), section 122, 201, or
301 of the Trade Act of 1974 (19 U.S.C. 2132, 2251, and 2411), or
section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862).
(g) Methodology, Documentation, and Reports.--
(1) Reports required.--Not later than 10 days before imposing a
duty under subsection (a) or (e), or modifying or adjusting the
rate of such a duty under subsection (b), the President or the
United States Trade Representative shall submit to the appropriate
congressional committees a written justification for the duty
that--
(A) provides a substantive rationale for the determination
of the rate of duty imposed under subsection (a) or (e) or the
modification or adjustment made pursuant to subsection (b), as
the case may be; and
(B) details the methodology used to determine that the
country subject to the duty is a country described in
subsection (c).
(2) Determinations of imports of crude oil and natural gas.--
For the purposes of determining whether a country is an importer of
crude oil or natural gas described in subsection (c)(1)--
(A) crude oil is the substance described in Harmonized
System code 2709; and
(B) natural gas is the substance described in Harmonized
System code 2711.
(h) Rule of Construction.--Notwithstanding section 115, nothing in
this Act shall be construed to authorize the imposition of duties with
respect to goods imported from any country not expressly described in
subsection (c) or the Russian Federation.
(i) Definitions.--In this section:
(1) Appropriate congressional committees.--The term
``appropriate congressional committees'' means--
(A) the Committee on Finance, the Committee on Foreign
Relations, and the Committee on Banking, Housing, and Urban
Affairs of the Senate; and
(B) the Committee on Ways and Means, the Committee on
Foreign Affairs, and the Committee on Financial Services of the
House of Representatives.
(2) Countries facilitating russian oil sanctions evasion.--The
term ``countries facilitating Russian oil sanctions evasion'' means
countries in which foreign persons are located or are operating, or
under the laws of which foreign persons are organized, if such
foreign persons are knowingly engaging in transactions, activities,
or services that circumvent, or assist any third party to
circumvent, any sanction related to oil that originated in the
Russian Federation, including by--
(A) providing significant financial or other support for
the purchase, loading, or shipment of oil that originated in
the Russian Federation and is subject to sanctions; and
(B) engaging in any transaction, activity, or service
related to a shadow fleet vessel that transported, is
transporting, or is attempting to transport oil that originated
in the Russian Federation and is subject to sanctions.
(3) Natural gas.--Except as provided by subsection (g)(2), the
term ``natural gas'' means natural gas, whether unmixed or any
mixture of natural and artificial gas, including liquefied natural
gas.
SEC. 114. EXCEPTIONS.
(a) Exception for Humanitarian Assistance.--
(1) In general.--Sanctions and other measures under this title
shall not apply to--
(A) the conduct or facilitation of a transaction for the
provision of agricultural commodities, food, medicine, medical
devices, humanitarian assistance, or for humanitarian purposes;
or
(B) transactions that are necessary for, or related to, the
activities described in subparagraph (A).
(2) Rule of interpretation.--This subsection should be
interpreted to apply to an entity carrying out any internationally
recognized agreement with the Government of Ukraine for the sale or
provision of agricultural commodities, food, medicine, or medical
devices to and from Ukraine unless the President determines that
the agreement is being used to evade sanctions imposed by the
United States, the United Kingdom, the European Union, or the Group
of 7.
(3) Definitions.--In this subsection:
(A) Agricultural commodity.--The term ``agricultural
commodity'' has the meaning given such term in section 102 of
the Agricultural Trade Act of 1978 (7 U.S.C. 5602).
(B) Medical device.--The term ``medical device'' has the
meaning given the term ``device'' in section 201 of the Federal
Food, Drug, and Cosmetic Act (21 U.S.C. 321).
(C) Medicine.--The term ``medicine'' has the meaning given
the term ``drug'' in section 201 of the Federal Food, Drug, and
Cosmetic Act (21 U.S.C. 321).
(b) Exception for Intelligence and Law Enforcement Activities.--
This title shall not apply with respect to activities subject to the
reporting requirements under title V of the National Security Act of
1947 (50 U.S.C. 3091 et seq.) or to carry out or assist any authorized
intelligence or law enforcement activities of the United States.
(c) Exception To Comply With International Obligations.--Sanctions
under this title shall not apply to the admission or parole of an alien
into the United States if such admission or parole is necessary to
comply with United States obligations under the Agreement between the
United Nations and the United States of America regarding the
Headquarters of the United Nations, signed at Lake Success June 26,
1947, and entered into force November 21, 1947, or under the Convention
on Consular Relations, done at Vienna April 24, 1963, and entered into
force March 19, 1967, or other international obligations.
(d) Exception To Comply With Civilian Nuclear Cooperation
Agreements.--This title shall not apply to activities carried out under
an agreement for cooperation between the United States and the Russian
Federation entered into under section 123 of the Atomic Energy Act of
1954 (42 U.S.C. 2153).
(e) Exception for Certain Imports of Low-enriched Uranium for
Nuclear Reactors.--This title shall not apply with respect to imports
into the United States of low-enriched uranium described in paragraph
(1) of section 3112A(d) of the USEC Privatization Act (42 U.S.C. 2297h-
10a(d)) or medical isotopes for which a waiver has been issued under
paragraph (2) of that section.
(f) Exception for Official Government Business.--This title shall
not apply to transactions for the conduct of official business of the
United States Government (including transactions necessary for the
operation of the United States embassy or United States consulates in
the Russian Federation) or the United Nations (including its
specialized agencies, programs, funds, and related organizations) by
employees, grantees, or contractors thereof.
(g) Exception for Non-Russian Oil That Transits Russian
Territory.--This title shall not apply to oil originating in a country
other than the Russian Federation that transits the territory of the
Russian Federation, or to any entity that transports such oil, for
export to international markets.
(h) General Licenses.--
(1) In general.--This title shall not apply with respect to a
United States person that is operating under the terms of a general
license issued by the Department of the Treasury before the date of
the enactment of this Act.
(2) Rule of construction.--Nothing in this title shall be
construed to affect the terms of a general license described in
paragraph (1), the authority of United States persons to continue
to operate under such a license, or the authority of the Secretary
of the Treasury to extend or issue new general licenses.
(i) Exception for Winddown Operations.--During the 270-day period
beginning on the date of the enactment of this Act, sanctions under
this title shall not apply with respect to--
(1) an activity related to the winddown or divestiture of
operations in the Russian Federation by an entity located in the
Russian Federation that is not owned or controlled, directly or
indirectly, by a Russian person; or
(2) an entity located in the Russian Federation that is owned
or controlled, directly or indirectly, by a United States person if
that United States person is engaged in good faith efforts to
winddown or divest operations in the Russian Federation, including
providing ongoing operational support to wind down or divest
operations.
(j) Exception for Safety of Vessels and Crew.--Sanctions under this
title shall not apply with respect to a person providing provisions to
a vessel otherwise subject to sanctions under this title if such
provisions are intended--
(1) for the safety and care of the crew aboard the vessel;
(2) for the protection of human life aboard the vessel; or
(3) to avoid any environmental or other significant damage.
(k) Exception Relating to Activities of the National Aeronautics
and Space Administration.--
(1) In general.--This title shall not apply with respect to
activities of the National Aeronautics and Space Administration.
(2) Rule of construction.--Nothing in this title shall be
construed to authorize the imposition of any sanction or other
condition, limitation, restriction, prohibition, or other measure,
that directly or indirectly impedes the supply by any entity of the
Russian Federation of any product or service, or the procurement of
such product or service by any contractor or subcontractor of the
United States or any other entity, relating to or in connection
with any space launch conducted for--
(A) the National Aeronautics and Space Administration; or
(B) any other non-Department of Defense customer.
SEC. 115. WAIVER.
(a) In General.--The President may, subject to subsection (b),
waive the application of any sanctions provision with respect to a
foreign person, any restriction with respect to a person, or any duty
under this title.
(b) Reports Required.--
(1) In general.--Before issuing a waiver under subsection (a),
the President shall submit to Congress--
(A) a certification in writing that the issuance of the
waiver is in the national interests of the United States; and
(B) a report explaining the basis for the certification.
(2) Consolidation of reports.--If the President is issuing more
than one waiver of a section of this title, the President may
include, in one report submitted under paragraph (1), the
certifications and explanations required by that paragraph with
respect to each such waiver, as long as all of such certifications
and explanations relate to a waiver of the same section of this
title.
(3) Form of report.--Each report required by paragraph (1)
shall be submitted in unclassified form but may include a
classified annex.
(4) Applicability to modifications of certain duty rates.--The
President is not required to submit a report under paragraph (1)
for a modification or adjustment of a rate of duty pursuant to
section 113(b). This paragraph does not modify or negate the
requirement to submit a written determination required by section
113(b) or a report required by section 113(g)(1).
SEC. 116. SANCTIONS IMPLEMENTATION AND PENALTIES.
(a) Implementation.--The President may exercise all authorities
provided under sections 203 and 205 of the International Emergency
Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out sections 102
through 111.
(b) 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 any person that violates, attempts to
violate, conspires to violate, or causes a violation of any prohibition
under any of sections 102 through 111, or an order or regulation
prescribed under any of such sections, to the same extent that such
penalties apply to a person that commits an unlawful act described in
subsection (a) of that section.
SEC. 117. TERMINATION.
(a) In General.--Subject to subsection (b), the President may
terminate the application of any sanction with respect to a foreign
person, any restriction with respect to a person, or any duty under
this title, if the President submits to Congress a report--
(1) certifying in writing that--
(A) in the case of the termination of the application of a
sanction, restriction, or duty with respect to a Russian person
or the Russian Federation, the Russian Federation has--
(i) signed a peace agreement that is accepted by the
free and independent Government of Ukraine; and
(ii) ceased all military hostilities against and any
activities to overthrow, dismantle, and subvert the
Government of Ukraine; or
(B) in the case of the termination of the application of a
sanction, restriction, or duty with respect to any foreign
person or foreign country (other than a Russian person or the
Russian Federation)--
(i) the foreign person or the government of the foreign
country, as the case may be, is not engaging in the
activity that was the basis for the sanctions or other
measures being terminated; and
(ii) the President has received reliable assurances
that the foreign person or the government of the foreign
country, as the case may be, will not knowingly engage in
activity subject to sanctions or other measures under this
title in the future; and
(2) that includes, in the case of a report not relating to the
termination of a duty under section 112 or 113, a determination of
whether the termination is intended to significantly alter United
States foreign policy with regard to the Russian Federation.
(b) Period for Review by Congress.--
(1) In general.--During the period of 30 calendar days
beginning on the date on which the President submits a report under
subsection (a) with respect to the termination of the application
of a sanction, restriction, or duty under this title, the
termination shall not take effect. If, after the end of that
period, a joint resolution of disapproval with respect to the
termination has not been enacted into law under subsection (c), the
termination may take effect.
(2) Consideration by congress.--During the period described in
paragraph (1), the appropriate committee of the Senate and the
appropriate committee of the House of Representatives should, as
appropriate, hold hearings and briefings and otherwise obtain
information in order to fully review the report.
(3) Exception.--The period for congressional review under
paragraph (1) of a report required to be submitted under subsection
(a) shall be 60 calendar days if the report is submitted on or
after July 10 and on or before September 7 in any calendar year.
(c) Joint Resolution of Disapproval.--
(1) Joint resolution of disapproval defined.--In this
subsection, the term ``joint resolution of disapproval'' means only
a joint resolution of either House of Congress the sole matter
after the resolving clause of which is as follows: ``That Congress
disapproves of the termination of the application of section __ of
the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, with
respect to which the President submitted a report on ___.'', with
the first blank space being filled with the appropriate section
number and the second blank space being filled with the appropriate
date.
(2) Introduction.--During the period of 30 calendar days
provided for under subsection (b)(1), including any additional
period as applicable under the exception provided in subsection
(b)(3), a joint resolution of disapproval may be introduced--
(A) in the House of Representatives, by the majority leader
or the minority leader; and
(B) in the Senate, by the majority leader (or a designee of
the majority leader) or the minority leader (or a designee of
the minority leader).
(3) Consideration in house of representatives.--
(A) Reporting and discharge.--Any committee of the House of
Representatives to which a joint resolution of disapproval is
referred shall report it to the House of Representatives
without amendment not later than 10 calendar days after the
date of referral. If a committee fails to report the joint
resolution within that period, the committee shall be
discharged from further consideration of the joint resolution
and the joint resolution shall be referred to the appropriate
calendar.
(B) Proceeding to consideration.--After each committee
authorized to consider a joint resolution of disapproval
reports it to the House of Representatives or has been
discharged from its consideration, it shall be in order to move
to proceed to consider the joint resolution of disapproval in
the House of Representatives. All points of order against the
motion are waived. The previous question shall be considered as
ordered on the motion to its adoption without intervening
motion. The motion shall not be debatable. A motion to
reconsider the vote by which the motion is disposed of shall
not be in order.
(C) Consideration.--The joint resolution of disapproval
shall be considered as read. All points of order against the
joint resolution of disapproval and against its consideration
are waived. The previous question shall be considered as
ordered on the joint resolution of disapproval to its passage
without intervening motion except 2 hours of debate equally
divided and controlled by the proponent and an opponent. A
motion to reconsider the vote on passage of the joint
resolution of disapproval shall not be in order.
(4) Consideration in the senate.--
(A) Committee referral.--A joint resolution of disapproval
introduced in the Senate shall be referred to the appropriate
committee of the Senate.
(B) Reporting and discharge.--If the appropriate committee
of the Senate has not reported the joint resolution within 10
calendar days after the date of referral of the joint
resolution, that committee shall be discharged from further
consideration of the joint resolution and the joint resolution
shall be placed on the appropriate calendar.
(C) Proceeding to consideration.--Notwithstanding Rule XXII
of the Standing Rules of the Senate, it is in order at any time
after the appropriate committee of the Senate reports a joint
resolution of disapproval to the Senate or has been discharged
from consideration of such a joint resolution to move to
proceed to the consideration of the joint resolution, and all
points of order against the joint resolution (and against
consideration of the joint resolution) are waived. The motion
to proceed is not debatable. The motion is not subject to a
motion to postpone. A motion to reconsider the vote by which
the motion is agreed to or disagreed to shall not be in order.
Approval by the Senate of a motion to proceed to a joint
resolution of disapproval shall require the affirmative vote of
three-fifths of Members of the Senate, duly chosen and sworn.
(D) Consideration.--Consideration in the Senate of a joint
resolution of disapproval and of all debatable motions and
appeals in connection therewith shall not exceed a total of 10
hours, which shall be divided equally between the majority and
minority leaders or their designees. Any debatable motion or
appeal is debatable for not to exceed 1 hour, to be divided
equally between those favoring and those opposing the motion or
appeal.
(E) No amendments or motions.--An amendment to a joint
resolution of disapproval, a motion to postpone, a motion to
proceed to the consideration of other business, or a motion to
recommit the joint resolution is not in order.
(F) Vote on joint resolution.--If the Senate has voted to
proceed to a joint resolution of disapproval, the vote on
approval of the joint resolution shall occur immediately
following the conclusion of consideration of the joint
resolution, and a single quorum call if requested. Approval by
the Senate of a joint resolution of disapproval shall require
the affirmative vote of three-fifths of Members of the Senate,
duly chosen and sworn.
(G) Consideration of veto messages.--Consideration in the
Senate of any veto message with respect to a joint resolution
of disapproval, including all debatable motions and appeals in
connection with the joint resolution, shall be limited to 10
hours, to be equally divided between, and controlled by, the
majority leader and the minority leader or their designees.
(5) Treatment of house joint resolution in senate.--
(A) If, before the passage by the Senate of a joint
resolution of disapproval, the Senate receives an identical
joint resolution from the House of Representatives, the
following procedures shall apply:
(i) That joint resolution shall not be referred to a
committee.
(ii) With respect to that joint resolution--
(I) the procedure in the Senate shall be the same
as if no joint resolution had been received from the
House of Representatives; but
(II) the vote on passage shall be on the joint
resolution from the House of Representatives.
(B) If the Senate passes a joint resolution of disapproval
before receiving a joint resolution of disapproval from the
House of Representatives, the joint resolution passed by the
Senate shall be held at the desk pending receipt of the joint
resolution from the House of Representatives. Upon receipt of a
joint resolution from the House of Representatives that is
identical to the joint resolution passed by the Senate, the
Senate shall proceed to its immediate consideration and the
joint resolution shall be considered read a third time and
passed and the motion to reconsider be considered made and laid
upon the table with no intervening action or debate.
(C) If a joint resolution of disapproval is received from
the House, and no companion joint resolution has been
introduced in the Senate, the Senate procedures under this
subsection shall apply to the House joint resolution.
(6) Rules of house of representatives and senate.--This
subsection is enacted by Congress--
(A) as an exercise of the rulemaking power of the Senate
and the House of Representatives, respectively, and as such is
deemed a part of the rules of each House, respectively, and
supersedes other rules only to the extent that it is
inconsistent with such rules; and
(B) with full recognition of the constitutional right of
either House to change the rules (so far as relating to the
procedure of that House) at any time, in the same manner, and
to the same extent as in the case of any other rule of that
House.
(7) Definitions.--In this subsection:
(A) Appropriate committee of the house of
representatives.--The term ``appropriate committee of the House
of Representatives'' means--
(i) with respect to the termination of a duty under
section 112 or 113, the Committee on Ways and Means of the
House of Representatives;
(ii) with respect to the termination of any sanction or
restriction under any of sections 102 through 111 that is
intended to significantly alter United States foreign
policy with regard to the Russian Federation, the Committee
on Foreign Affairs of the House of Representatives; or
(iii) with respect to the termination of any sanction
or restriction under any of sections 102 through 111 that
is not intended to significantly alter United States
foreign policy with regard to the Russian Federation, the
Committee on Financial Services of the House of
Representatives.
(B) Appropriate committee of the senate.--The term
``appropriate committee of the Senate'' means--
(i) with respect to the termination of a duty under
section 112 or 113, the Committee on Finance of the Senate;
(ii) with respect to the termination of any sanction or
restriction under any of sections 102 through 111 that is
intended to significantly alter United States foreign
policy with regard to the Russian Federation, the Committee
on Foreign Relations of the Senate; or
(iii) with respect to the termination of any sanction
or restriction under any of sections 102 through 111 that
is not intended to significantly alter United States
foreign policy with regard to the Russian Federation, the
Committee on Banking, Housing, and Urban Affairs of the
Senate.
TITLE II--OTHER MATTERS
SEC. 201. EXTENSION OF THE IRAN SANCTIONS ACT OF 1996.
Section 13(b) of the Iran Sanctions Act of 1996 (Public Law 104-
172; 50 U.S.C. 1701 note) is amended by striking ``2026'' and inserting
``2031''.
SEC. 202. SEVERABILITY.
If any provision of this division, or the application of any such
provision to any person or circumstance, is held to be
unconstitutional, the remainder of the provisions of this division, and
the application of those provisions to any other person or
circumstance, shall not be affected.
SEC. 203. SUNSET.
This division (other than section 201) shall terminate on the date
that is 5 years after the date of the enactment of this Act.
DIVISION B--SUPPORTING EARLY-CHILDHOOD EDUCATORS' DEDUCTIONS
SEC. 1. EDUCATOR EXPENSE DEDUCTION TO INCLUDE EARLY CHILDHOOD
EDUCATORS.
(a) In General.--Section 62(d)(1) of the Internal Revenue Code of
1986 is amended--
(1) in subparagraph (A), by striking ``a kindergarten through
grade 12 teacher'' and inserting ``an early childhood or
kindergarten through grade 12 teacher'', and
(2) in subparagraph (B), to read as follows:
``(B) School.--The term `school' means--
``(i) in the case of early childhood education, any
school or childcare facility which--
``(I) provides educational or childcare services
for more than 2 individuals (other than individuals who
reside at the school or facility) who have not attained
age 6, and
``(II) operates at the public expense or receives a
fee, payment, or grant for providing such services for
any of the individuals (regardless of whether such
school or facility is operated for profit), and
``(ii) in the case of elementary education or secondary
education (kindergarten through grade 12), any school which
provides such education, as determined under State law.''.
(b) Conforming Amendment.--Section 62(a)(2)(D) of such Code is
amended by striking ``Certain expenses of elementary and secondary
school teachers'' in the heading and inserting ``Certain expenses of
early childhood, elementary, and secondary school teachers''.
(c) Effective Date.--The amendments made by this section shall
apply to expenses paid or incurred in taxable years beginning after
December 31, 2025.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.