H.R. 6995 · 117th Congress · House

Russia Trade and Investment Ban Act

Active· Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Financial Services, for a period to b…
Introduced
Mar 8, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Russia Trade and Investment Ban Act

This bill requires the President to establish and maintain a total embargo on all trade with Russia, Crimea, and the regions of Donetsk and Luhansk in Ukraine.

Additionally, the bill prohibits the purchase or sale (except for divestment purposes) of any publicly traded securities or related derivatives of entities incorporated in Russia, Crimea, or the regions of Donetsk and Luhansk in Ukraine, or their affiliates.

The bill prohibits a U.S. person or person within the United States from evading or avoiding sanctions provided for by the bill.