Amendment Rejected (32-64)
32 Yea64 Nay4 Not voting1/2 required
HR-5334-119
Message on Senate action sent to the House.
Sponsored by Jimmy Panetta (D-CA)
What it does
This bill would require the President to impose sanctions on Russian government officials, financial institutions, energy companies, and other entities connected to the Russian Federation, including asset freezes, visa bans, and prohibitions on U.S. investment, imports, and financial transactions. It would also require tariffs of up to 500% on Russian imports and up to 100% on imports from countries that continue buying Russian oil or natural gas, while extending existing Iran sanctions authority and allowing presidential waivers with congressional notification.
Who benefits
Ukraine's government and military, which would gain from reduced Russian revenue and increased economic pressure; U.S. national security agencies pursuing sanctions enforcement; domestic energy producers who could gain market share as Russian energy exports are restricted; and allied nations (G7, EU) coordinating sanctions policy.
Who is hurt
U.S. companies and financial institutions that previously did business with Russian entities and must now unwind those relationships; countries that import Russian oil and gas (potentially including India, China, and Turkey) that would face new U.S. tariffs; U.S. importers and consumers who may face higher prices from retaliatory trade measures or supply disruptions; and U.S. nuclear power operators dependent on Russian uranium imports, despite some carve-outs.
Supporters argue
Supporters argue that Russia's invasion of Ukraine constitutes an ongoing violation of international law and that sustained economic pressure—including on countries that continue purchasing Russian energy—is necessary to degrade Russia's ability to fund its military. They contend the bill closes loopholes in existing sanctions by targeting shadow fleet vessels, financial messaging intermediaries, and third-country evasion, citing precedent from CAATSA and prior Russia-related executive orders as a proven enforcement model.
Opponents argue
Opponents argue that mandatory secondary tariffs of up to 100% on countries like India or other major oil importers risk triggering trade retaliation and diplomatic rifts with partners the U.S. needs on other priorities, potentially raising global energy prices that hurt American consumers. They contend that removing presidential flexibility through rigid statutory deadlines and mandatory sanctions could constrain diplomatic negotiations and complicate any future settlement process in Ukraine.
Amendment Rejected (32-64)
Bill Passed (86-11, 3/5 majority required)
Motion to Proceed Agreed to (84-12)
Cloture on the Motion to Proceed Agreed to (86-12, 3/5 majority required)