LEGISLATION/H.R. 5512

Russia and Belarus Financial Sanctions Act of 2023

118-HR-5512118th CongressIntroduced Sep 14, 2023Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 255.

Sponsor

Rep. Sherman, Brad [D-CA-32](D-CA-32)
3 cosponsors

Summary

Russia and Belarus Financial Sanctions Act of 2023

This bill requires a U.S. Financial institution to take all necessary and available actions to ensure any entity or person owned or controlled by such institution complies with financial sanctions applicable to Russia or Belarus to the same extent required of that institution. 

Subjects

Bank accounts, deposits, capitalBanking and financial institutions regulationBelarusCredit and credit marketsEuropeForeign and international bankingInternational monetary system and foreign exchangeRussiaSanctionsSecurities

Actions (11)

Placed on the Union Calendar, Calendar No. 255.
Dec 13, 2023House floor actions
Committee on Agriculture discharged.
Dec 13, 2023House floor actions
Committee on Agriculture discharged.
Dec 13, 2023Library of Congress
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-316, Part I.
Dec 13, 2023House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-316, Part I.
Dec 13, 2023Library of Congress
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0.
Sep 20, 2023House committee actions
Committee Consideration and Mark-up Session Held
Sep 20, 2023House committee actions
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 14, 2023House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 14, 2023House floor actions
Introduced in House
Sep 14, 2023Library of Congress
Introduced in House
Sep 14, 2023Library of Congress