Sec. 101. Definitions
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/bill/119/s/2904/is/section-101·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this title: The term adequate maritime insurance — means verified documentation evidencing protection and indemnity insurance with audited financial statements of the insurer; and does not include insurance provided by— an insurer organized under the laws of the Russian Federation; or an insurer that continues to provide insurance to any vessel designated for the imposition of sanctions under the laws of the United States, the European Union, or the United Kingdom. The terms admitted and 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 ).
The term appropriate congressional committees means— the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives. The term beneficial owner means, with respect to a vessel, any individual who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise— exercises substantial control over the vessel; or owns not less than 25 percent of the vessel.
The term crude oil price cap means the price cap for crude oil and petroleum products that originated in the Russian Federation established by the Price Cap Coalition. The term foreign person means an individual or entity that is not a United States person. The term foreign vessel means a vessel that is not owned or operated by a United States person. The term knowingly , with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result.
The term petroleum product means oil of any kind or in any form, gasoline, diesel fuel, aviation fuel, fuel oil, kerosene, any product obtained from refining or processing of crude oil, liquefied petroleum gases, natural gas liquids, petrochemical feedstocks, condensate, waste or refuse mixtures containing any of such oil products, and any other liquid hydrocarbon compounds. The term Price Cap Coalition means the international coalition made up of Australia, New Zealand, Canada, the European Union, France, Germany, Italy, Japan, the United Kingdom, and the United States and known as the Price Cap Coalition .
The term Russian-origin petroleum product means a petroleum product extracted, refined, processed, or otherwise produced in the Russian Federation. The term Russian person means— a citizen or national of the Russian Federation; or an entity organized under the laws of the Russian Federation or otherwise subject to the jurisdiction of the Government of the Russian Federation. The term Russian shadow fleet means any foreign vessel or vessels used or directed by the Russian Federation to move oil, arms, and other goods for the purpose of circumventing international sanctions.
The term sabotage activities means actions, or preparations for actions, taken with the intent to cause defective production, operation, or damage to critical undersea infrastructure, including energy pipelines, offshore energy facilities, or subsea power lines and telecommunications cables and associated landing stations and facilities. The term United States person means— a United States citizen or an alien lawfully admitted for permanent residence to the United States; an entity organized under the laws of the United States or of any jurisdiction within the United States, including a foreign branch of such an entity; or a person in the United States.
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U.S. Code