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Russia Trade and Investment Ban: New Rules for US Citizens.

This act establishes a total ban on trade with Russia, Crimea, and the Donetsk and Luhansk regions of Ukraine. US citizens will be prohibited from buying or selling publicly traded securities of entities incorporated in these areas. The goal is to cut off financial and trade flows, which may impact product availability and investment opportunities.
Key points
Total Trade Embargo: US companies and individuals cannot import or export goods to Russia, Crimea, Donetsk, and Luhansk.
Investment Ban: US citizens are prohibited from buying or selling stocks or other securities of companies from these regions. There is a one-year period to divest existing holdings.
Strict Penalties: Attempts to evade these prohibitions can lead to severe legal and financial consequences.
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Expired
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Additional Information
Print number: 117_HR_6995
Sponsor: Rep. Perry, Scott [R-PA-10]
Process start date: 2022-03-08
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Russia Trade and Investment Ban Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6995.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-08.

What are the main provisions?

Key points include:

  • Total Trade Embargo: US companies and individuals cannot import or export goods to Russia, Crimea, Donetsk, and Luhansk.
  • Investment Ban: US citizens are prohibited from buying or selling stocks or other securities of companies from these regions. There is a one-year period to divest existing holdings.
  • Strict Penalties: Attempts to evade these prohibitions can lead to severe legal and financial consequences.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Perry, Scott [R-PA-10].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Security