H.R. 8046 · 118th Congress
Rosatom Sanctions Enforcement Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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KeanSponsor9 cosponsors · 3 D, 6 R
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Lawler
MM
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McCaul
JW
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Wilson
WK
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Keating
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Doggett
DL
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Lamborn
SM
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Moulton
BD
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Donalds
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Hudson0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the President to take actions against Russian nuclear suppliers (e.g., Rosatom). (Rosatom is Russia's state nuclear power conglomerate.)
What it does: CRS summary · Introduced in House · Apr 17, 2024
Rosatom Sanctions Enforcement Act
This bill requires the President to take actions against Russian nuclear suppliers (e.g., Rosatom). (Rosatom is Russia's state nuclear power conglomerate.)
Specifically, the bill requires the President to impose property-blocking sanctions on Rosatom and others, including foreign persons involved in Rosatom’s construction of nuclear reactors.
Additionally, the President must submit to Congress a strategy to (1) replace Rosatom and other Russian nuclear suppliers with those from the United States and U.S. allies and partners, and (2) effect a permanent decoupling from the Russian nuclear industry. Within 60 days of submitting this strategy, the President must issue a directive prohibiting U.S. persons from engaging in any significant transaction with Rosatom and others involved with Rosatom.
The bill also requires the President to prescribe regulations to prohibit or impose strict conditions with respect to certain financial accounts held by foreign financial institutions.
The bill allows the President to waive the aforementioned sanctions under specified circumstances.
The President must, within 60 days of receiving a request from Congress, determine whether a person or foreign financial institution described in the request meets the criteria to be subject to sanctions imposed in two specified regulations relating to Russia. The President must submit a report to Congress stating whether the President imposed or intends to impose sanctions on persons or institutions described in the request from Congress.
The President must also pause the issuance of export licenses granted under a civil nuclear cooperation agreement with Russia until certain conditions are met.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Rosatom Sanctions Enforcement Act
Latest action (May 16, 2024): Ordered to be Reported in the Nature of a Substitute (Amended) by Unanimous Consent.
Policy area: International Affairs · Origin: House · Introduced: Apr 17, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.