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Companies to Disclose Business Ties with Russia and Aggressor Nations

New rules require publicly traded companies to disclose if they conduct business with Russia or other nations that invade sovereign states. This provides citizens and investors with better insight into the risks associated with these companies' operations, potentially influencing their financial decisions.
Key points
Companies must report if they do business in or with Russia.
The disclosure requirement also applies to countries that invade other sovereign nations after March 24, 2022.
These rules are set to last for 5 years, unless deemed unnecessary for public interest or investor protection sooner.
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Status:
Expired
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Additional Information
Reveal Risky Business in Russia Act
Print number: HR 7228
Sponsor: Rep. Torres, Ritchie [D-NY-15]
Process start date: 2022-03-24
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Companies to Disclose Business Ties with Russia and Aggressor Nations

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 7228.

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 2022-03-24.

What are the main provisions?

Key points include:

  • Companies must report if they do business in or with Russia.
  • The disclosure requirement also applies to countries that invade other sovereign nations after March 24, 2022.
  • These rules are set to last for 5 years, unless deemed unnecessary for public interest or investor protection sooner.

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. Torres, Ritchie [D-NY-15].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

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

Analysis and Potential Impact of HR 7228

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

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