Bill > HR10076

This bill, titled the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," aims to impose significant sanctions on the Russian Federation and includes provisions related to Iran. Key provisions include imposing sanctions on individuals and entities affiliated with or supporting the Russian government, including officials, those involved in the defense industrial base, energy, or transportation sectors, and oligarchs who have not opposed Russia's actions in Ukraine. The bill also targets financial institutions connected to the Russian government, prohibiting U.S. persons from engaging in transactions with them and imposing sanctions on entities owned or controlled by the Russian government. Furthermore, it prohibits fund transfers to or from the Russian government or its officials, bars Russian entities from trading on U.S. securities exchanges, and prohibits new investment by U.S. persons in Russia, including its energy sector. The bill also imposes duties on goods imported from Russia, with potential for higher duties on countries that purchase Russian oil or natural gas or facilitate sanctions evasion. It also prohibits the import of uranium from Russia and imposes sanctions on Rosatom State Atomic Energy Corporation. Importantly, the bill extends the Iran Sanctions Act of 1996 until 2031 and includes various exceptions for humanitarian assistance, intelligence and law enforcement activities, and official U.S. government business, while also allowing for presidential waivers under certain conditions and establishing a process for congressional review of the termination of sanctions.