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.

Summary

This bill terminates General License No. 8C, which was issued by the Department of the Treasury's Office of Foreign Assets Control to authorize energy-related transactions involving specified Russian financial institutions. Further, the bill applies property-blocking sanctions to those Russian financial institutions listed in the license.

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Timeline

1. 23 June 2022

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 23 June 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 23 June 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 23 June 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 23 June 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 23 June 2022

  Open at official source

Sponsors

• Roger Marshall · R · Sponsor
• Steve Daines · R · Sponsor
• Sen. Braun, Mike [R-IN] · R · Sponsor
• Rick Scott · R · Sponsor
• · ssbk00 · Standing

Related records

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