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119th CONGRESS
2d Session |
To amend the Countering America’s Adversaries Through Sanctions Act to expand review by Congress of actions relating to sanctions imposed with respect to the Russian Federation.
Mr. Keating (for himself and Mr. Moylan) introduced the following bill; which was referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Oversight and Government Reform, Ways and Means, 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
To amend the Countering America’s Adversaries Through Sanctions Act to expand review by Congress of actions relating to sanctions imposed with respect to the Russian Federation.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “No Oil Profits for Enemies Act of 2026” or the “NOPE Act of 2026”.
SEC. 2. Modifications to congressional review of sanctions with respect to the Russian Federation.
(a) Expansion of sanctions subject To review.—Section 216(a)(2)(B)(i) of the Countering America’s Adversaries Through Sanctions Act (22 U.S.C. 9511(a)(2)(B)(i)) is amended—
(1) in subclause (II), by striking “; or” and inserting a semicolon;
(2) in subclause (III), by striking “; and” and inserting “; or”; and
(3) by adding at the end the following:
“(IV) any Executive order addressing the national emergency declared in Executive Order 14024 (50 U.S.C. 1701 note; relating to blocking property with respect to specified harmful foreign activities of the Government of the Russian Federation).”.
(b) Review of energy-Related actions.—Section 216(a)(2) of the Countering America’s Adversaries Through Sanctions Act (22 U.S.C. 9511(a)(2)) is amended—
(A) in clause (ii), by striking “; or” and inserting a semicolon;
(B) in clause (iii), by striking the period at the end and inserting “; or”; and
(C) by adding at the end the following:
“(iv) an action, including a licensing action, taken during the period described in subparagraph (C) relating to the application of sanctions described in subparagraph (B) with respect to crude oil, petroleum products, natural gas, or other energy products of Russian Federation origin.”; and
(2) by adding at the end the following:
“(C) PERIOD FOR REVIEW FOR ENERGY-RELATED ACTIONS.—The period described in this subparagraph is the period—
“(i) beginning on the date of the enactment of this subparagraph; and
“(ii) ending on the date on which the Secretary of State, in consultation with the Secretary of the Treasury, the Secretary of Defense, and the Director of National Intelligence, certifies to the appropriate congressional committees and leadership that the Government of the Russian Federation has ended its war in Ukraine and credibly committed to a just peace settlement that includes compensating Ukraine for war damages.”.
(c) Exception To take action during initial congressional review period.—Section 216(b)(3) of the Countering America’s Adversaries Through Sanctions Act (22 U.S.C. 9511(b)(3)) is amended—
(1) by striking “unless a joint resolution” and inserting the following: “unless—
“(A) a joint resolution”;
(2) by striking the period at the end and inserting “; or”; and
(3) by adding at the end the following:
“(B) the action relates to crude oil, petroleum products, natural gas, or other energy products of Russian Federation origin to be used—
“(i) for the preservation of the health or safety of the crew of an energy transport vessel;
“(ii) for emergency repairs or environmental mitigation or protection activities relating to an energy transport vessel; or
“(iii) to address an urgent need to mitigate an economic impact in a foreign jurisdiction other than the Russian Federation.”.