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Blocking Assets of Russian State Entities to Halt Foreign Enrichment.

This law requires the President to block all property and transactions related to entities controlled by the Russian government that are located in the US or held by US persons. The goal is to cut off funding for Russian state activities. US citizens and businesses must comply with these prohibitions to avoid severe penalties, although the importation of physical goods is specifically exempted from the blocking requirement.
Key points
All property and transactions involving Russian state-owned entities in the US will be blocked 60 days after the law is enacted.
US citizens and companies must immediately stop all financial dealings with these blocked assets to avoid severe penalties.
The blocking requirement applies to financial assets and property, but excludes the importation of physical goods (articles, materials, products) into the United States.
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Expired
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Additional Information
Print number: 118_S_2848
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-09-19
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HEROIAM SLAVA Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_2848.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-09-19.

What are the main provisions?

Key points include:

  • All property and transactions involving Russian state-owned entities in the US will be blocked 60 days after the law is enacted.
  • US citizens and companies must immediately stop all financial dealings with these blocked assets to avoid severe penalties.
  • The blocking requirement applies to financial assets and property, but excludes the importation of physical goods (articles, materials, products) into the United States.
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. Rubio, Marco [R-FL].

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 2025-12-26.

CATEGORIES

Security Economy