[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6856 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 6856

  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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 18, 2025

  Mr. Fitzpatrick (for himself, Mr. Meeks, Mr. Bacon, Mr. Hoyer, Mr. 
 Lawler, Mr. Keating, Mr. Turner of Ohio, Ms. Kaptur, and Mr. Suozzi) 
 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, Oversight and Government Reform, 
    Energy and Commerce, and Rules, 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SEC. 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Peace Through 
Strength Against Russia Act of 2025''.
    (b) Table of Contents.--The table of contents for this Act 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 investments by United States persons in the 
                            Russian Federation.
Sec. 108. Prohibition on energy exports to, and investments in energy 
                            sector of, the Russian Federation.
Sec. 109. Prohibition on purchases 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. Ending Russian oil import loophole.
Sec. 113. Imposition of sanctions on Russia-North Korea cooperation.
Sec. 114. Sanctions for kidnapping Ukrainian children.
Sec. 115. Increases in duties on goods imported from the Russian 
                            Federation.
Sec. 116. Exceptions.
Sec. 117. Waiver.
Sec. 118. Sanctions implementation and penalties.
Sec. 119. Termination.
                        TITLE II--OTHER MATTERS

Sec. 201. Repeal of sunset of Iran Sanctions Act of 1996.
Sec. 202. Severability.

       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 cyber attack 
                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 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) knowingly participated or is participating in 
                the construction, maintenance, or repair of a tunnel or 
                bridge that connects the Russian mainland with the 
                Crimean peninsula;
                    (F) knowingly endangered the integrity, safety, or 
                undermined Ukrainian operational control of the 
                Zaporizhzhia Nuclear Power Station located in 
                southeastern Ukraine since the Russian Federation 
                launched an unprovoked, full-scale invasion of Ukraine;
                    (G) 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;
                    (H) 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;
                    (I) 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
                    (J) 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, 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, 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 April 10, 2025, with respect to specified 
harmful foreign activities of the Government of the Russian Federation 
(90 Fed. Reg. 15523), 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 foreign financial institution that 
                        knowingly facilitates a significant transaction 
                        or provides significant financial services for 
                        a foreign person described in section 
                        102(b)(2)(F)(i) or (ii);
                            (vi) any subsidiary of, or successor entity 
                        to, any of the financial institutions described 
                        in clauses (i) through (iv); and
                            (vii) 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 (vi); 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.--2 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 INVESTMENTS 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 INVESTMENTS IN ENERGY 
              SECTOR OF, THE RUSSIAN FEDERATION.

    (a) Prohibitions on Investments 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 PURCHASES 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 the entity--
            (1) 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;
            (2) 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; 
        and
            (3) 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. ENDING RUSSIAN OIL IMPORT LOOPHOLE.

    (a) In General.--The Ending Importation of Russian Oil Act (Public 
Law 117-109; 136 Stat. 1154) is amended--
            (1) by redesignating section 3 as section 4; and
            (2) by inserting after section 2 the following:

``SEC. 3. PROHIBITION ON IMPORTATION OF ENERGY PRODUCTS PRODUCED AT 
              REFINERIES OUTSIDE THE RUSSIAN FEDERATION.

    ``All products classified under chapter 27 of the Harmonized Tariff 
Schedule that were produced at any refinery that uses crude oil 
originating in the Russian Federation shall be banned from importation 
into the United States.''.
    (b) Conforming Amendments.--Section 4 of the Ending Importation of 
Russian Oil Act (Public Law 117-109; 136 Stat. 1154), as redesignated 
by subsection (a)(1), is amended--
            (1) in subsection (a), by inserting ``or 3'' after 
        ``section 2''; and
            (2) in subsection (c)(1), by inserting ``or 3'' after 
        ``section 2''.

SEC. 113. IMPOSITION OF SANCTIONS ON RUSSIA-NORTH KOREA COOPERATION.

    (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 impose the sanctions described in section 102(e) of this Act with 
respect to the following:
            (1) Any foreign person that is responsible for or 
        facilitates the transfer or sale of arms or material support 
        from North Korea to be used in Russia's illegal war in Ukraine.
            (2) Any foreign person that knowingly, directly or 
        indirectly, imports, exports, or reexports to, into, or from 
        North Korea any goods services or technology for weapons that 
        may be used by Russian forces or their proxies in Russia's 
        illegal war in Ukraine.
            (3) Any foreign financial institution that knowingly 
        facilitates a significant transaction or provides significant 
        financial services for a foreign person described in paragraph 
        (1) or (2).
            (4) Any foreign person that engages in a significant 
        transaction related to the transfer or sale of arms or material 
        support with a foreign person described in paragraph (1) or (2) 
        or foreign financial institution described in paragraph (3).
            (5) Any foreign person assisting in the logistical supply 
        and movement of North Korean personnel, arms or material 
        support to be used in Russia's illegal war in Ukraine.
    (b) Report.--Not later than 90 days after the date of the enactment 
of this Act, and every 180 days thereafter, the President shall submit 
to the appropriate congressional committees a report that describes 
significant activities by the Democratic People's Republic of Korea to 
support the Russian Federation and its proxies in Russia's illegal war 
in Ukraine.
    (c) Matters To Be Included.--The report required by this section 
shall include the following:
            (1) The number of North Korean troops that have been sent 
        to fight Ukraine, casualties inflicted on these troops, and the 
        impact on the battlefield of having North Korean military 
        personnel on the frontlines.
            (2) The identity and nationality of foreign persons and 
        foreign financial institutions that are subject to sanctions 
        pursuant to this section.
            (3) A description of the conduct engaged in by such persons 
        and institutions.
            (4) An assessment of the extent to which a foreign 
        government has provided material support to the Government of 
        North Korea or any person acting for or on behalf of that 
        government to conduct significant activities to materially 
        support Russia's illegal war in Ukraine.
            (5) A United States strategy to counter North Korea's 
        efforts to conduct significant activities to support Russia's 
        war in Ukraine, that includes efforts to engage foreign 
        governments to halt the capability of the Government of North 
        Korea and persons acting for or on behalf of that government to 
        conduct significant activities supporting Russia's illegal war 
        in Ukraine.
    (d) Form.--The report required by this section shall be submitted 
in unclassified form, but may include a classified annex.

SEC. 114. SANCTIONS FOR KIDNAPPING UKRAINIAN CHILDREN.

    Not later than 30 days after the date of the enactment of this Act, 
and every 180 days thereafter, the President shall impose the sanctions 
described in Section 102(e) of this Act with respect to all foreign 
persons that have directed or in any way participated in the kidnapping 
and wrongful patriation of Ukrainian children.

SEC. 115. INCREASES 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 Antidumping and Countervailing 
Duties.--The rate of duty required under subsection (a) with respect to 
a good described in that subsection shall be in addition to any 
antidumping or countervailing duty applicable with respect to the good 
under title VII of the Tariff Act of 1930 (19 U.S.C. 1671 et seq.).

SEC. 116. 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 the 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 Wind-Down 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 wind down 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 wind down 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.
    (l) Exception Relating to Zaporizhzhia Nuclear Power Plant.--This 
title shall not apply to any foreign person seeking to reestablish 
Ukrainian operational control of the Zaporizhzhia Nuclear Power Station 
or the surrounding region.

SEC. 117. WAIVER.

    (a) In General.--The President may, subject to subsection (b), 
waive the application of any provision of this title to a foreign 
person or nation for such time as the President determines appropriate 
for up to renewable periods of 2 years.
    (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 security 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) Rule of construction.--Pursuant to the authority 
        provided under section 115, the President is not required to 
        issue a waiver or submit a report to Congress under this 
        section if the President is adjusting the rate of duty under 
        those sections to a rate that is greater than 0 and less than 
        or equal to 500 percent ad valorem.

SEC. 118. 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 114.
    (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 114, 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. 119. TERMINATION.

    (a) In General.--Subject to subsection (b), the President may 
terminate the application of any provision of this title if the 
President submits to Congress a report--
            (1) certifying in writing that--
                    (A) in the case of application of the provision 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 application of the provision 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 any provision of section 115, 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 provision of 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 Peace Through Strength Against 
        Russia Act of 2025, 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) 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 senate.--The term 
                ``appropriate committee of the Senate'' means--
                            (i) with respect to the termination of any 
                        provision of section 115, the Committee on 
                        Finance of the Senate;
                            (ii) with respect to the termination of any 
                        provision of sections 102 through 114 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 provision of sections 102 through 114 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.
                    (B) Appropriate committee of the house of 
                representatives.--The term ``appropriate committee of 
                the House of Representatives'' means--
                            (i) with respect to the termination of any 
                        provision of section 115, the Committee on Ways 
                        and Means of the House of Representatives;
                            (ii) with respect to the termination of any 
                        provision of sections 102 through 114 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 provision of sections 102 through 114 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.

                        TITLE II--OTHER MATTERS

SEC. 201. REPEAL OF SUNSET OF IRAN SANCTIONS ACT OF 1996.

    Section 13 of the Iran Sanctions Act of 1996 (Public Law 104-172; 
50 U.S.C. 1701 note) is amended--
            (1) in the section heading, by striking ``; SUNSET'';
            (2) by striking ``(a) Effective date.--''; and
            (3) by striking subsection (b).

SEC. 202. SEVERABILITY.

    If any provision of or amendment made by this Act, or the 
application of any such provision or amendment to any person or 
circumstance, is held to be unconstitutional, the remainder of the 
provisions of and amendments made by this Act, and the application of 
those provisions and amendments to any other person or circumstance, 
shall not be affected.
                                 <all>