H.R. 6900 · 117th Congress
Russian Sovereign Debt Prohibition Act of 2022
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HuizengaSponsorNo cosponsors.
This bill prohibits U.S. financial institutions from participating in the secondary Russian-backed bond market. This prohibition expires on the earlier of (1) 5 years after the date of enactment, or (2) 30 days after the President reports to Congress that Russia has ceased its destabilizing activities in Ukraine.
What it does: CRS summary · Introduced in House · Mar 2, 2022
Russian Sovereign Debt Prohibition Act of 2022
This bill prohibits U.S. financial institutions from participating in the secondary Russian-backed bond market. This prohibition expires on the earlier of (1) 5 years after the date of enactment, or (2) 30 days after the President reports to Congress that Russia has ceased its destabilizing activities in Ukraine.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Russian Sovereign Debt Prohibition Act of 2022
Latest action (Mar 2, 2022): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 2, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.