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Bill > S5232


US S5232

US S5232
Stop Russian GOLD Act of 2022 Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022


summary

Introduced
12/12/2022
In Committee
12/12/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A bill to require the imposition of sanctions with respect to the sale, supply, or transfer of gold to or from the Russian Federation.

AI Summary

This bill, titled the "Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022" or the "Stop Russian GOLD Act of 2022," requires the imposition of sanctions on foreign persons who knowingly participate in significant transactions involving the sale, supply, or transfer of gold to or from the Russian Federation or the Government of the Russian Federation. The sanctions include blocking property and transactions within the United States, and denying visas, admission, or parole to foreign persons identified in the required report. The bill provides exceptions for authorized intelligence, law enforcement, and national security activities, compliance with international agreements, humanitarian aid, and the importation of goods. The sanctions are set to terminate after 3 years or when the President certifies that the Russian government has ceased its destabilizing activities in Ukraine and it is in the national interest of the United States to do so.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S7102-7103) (on 12/12/2022)

bill text


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