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Ending Sanctions Exemption for Certain Russian Entities

This law terminates a specific exemption from sanctions for certain Russian entities. This means that sanctions previously imposed due to harmful activities by the Russian government will now fully apply to these entities.
Key points
A special permission (General License No. 8C) exempting some Russian entities from sanctions is terminated.
Sanctions imposed under Executive Order 14024 will fully apply to the entities previously covered by this exemption.
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Expired
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Additional Information
Print number: 117_S_4463
Sponsor: Sen. Marshall, Roger [R-KS]
Process start date: 2022-06-23
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to terminate General License No. 8C of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the entities listed in General License No. 8C.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4463.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-06-23.

What are the main provisions?

Key points include:

  • A special permission (General License No. 8C) exempting some Russian entities from sanctions is terminated.
  • Sanctions imposed under Executive Order 14024 will fully apply to the entities previously covered by this exemption.
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. Marshall, Roger [R-KS].

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