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Expanding Russian Sanctions and Reinstating Nord Stream 2 Penalties

This act aims to strengthen existing sanctions against Russia, specifically targeting the Nord Stream 2 gas pipeline project. It means that companies and individuals involved in this project may again face restrictions, impacting international economic relations and energy security. For citizens, though indirectly, this could influence energy prices and foreign policy.
Key points
Reinstatement of sanctions on Nord Stream 2 AG and its corporate officers that were previously waived.
Expansion of the scope of sanctionable activities to include transactions with already sanctioned foreign persons.
Sanctions can only be waived through an Act of Congress, not by administrative decision.
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Expired
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Additional Information
Print number: 117_S_1764
Sponsor: Sen. Cramer, Kevin [R-ND]
Process start date: 2021-05-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

POWERS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1764.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-20.

What are the main provisions?

Key points include:

  • Reinstatement of sanctions on Nord Stream 2 AG and its corporate officers that were previously waived.
  • Expansion of the scope of sanctionable activities to include transactions with already sanctioned foreign persons.
  • Sanctions can only be waived through an Act of Congress, not by administrative decision.
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 Sen. Cramer, Kevin [R-ND].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security