Sec. 2. Modifications to congressional review of sanctions with respect to the Russian Federation
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/bill/119/s/4421/is/section-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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— in subclause (II), by striking ; or and inserting a semicolon; in subclause (III), by striking ; and and inserting ; or ; and by adding at the end the following: 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). .
Section 216(a)(2) of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511(a)(2) ) is amended— in subparagraph (A)— in clause (ii), by striking ; or and inserting a semicolon; in clause (iii), by striking the period at the end and inserting ; or ; and by adding at the end the following: 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 by adding at the end the following: The period described in this subparagraph is the period— beginning on the date of the enactment of this subparagraph; and 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. . Section 216(b)(3) of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511(b)(3) ) is amended— by striking unless a joint resolution and inserting the following: “unless— a joint resolution ; by striking the period at the end and inserting ; or ; and by adding at the end the following: the action relates to crude oil, petroleum products, natural gas, or other energy products of Russian Federation origin to be used— for the preservation of the health or safety of the crew of an energy transport vessel; for emergency repairs or environmental mitigation or protection activities relating to an energy transport vessel; or to address an urgent need to mitigate an economic impact in a foreign jurisdiction other than the Russian Federation. .
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Sec. 2
Modifications to congressional review of sanctions with respect to the Russian Federation
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