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Stop Russian Market Manipulation Act

Official title: A bill to prohibit the importation of certain minerals from the Russian Federation.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill prohibits the importation of specified minerals from Russia.

Specifically, the bill prohibits the importation of platinum, palladium, braggite, rhodium, ruthenium, nickel, cooper, or zinc if the mineral is (1) produced in Russia or by a Russian entity; or (2) determined to have been exchanged with, swapped for, or otherwise obtained in lieu of such a mineral in a manner designed to evade or circumvent this prohibition. The President may not waive this prohibition.

The prohibition shall continue to apply until one year after the President certifies to Congress that the Russian government has ended all hostilities against Ukraine. If the Russian government resumes hostilities against Ukraine within three years of a certification, then the prohibition shall resume effect.

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Related Documents

Bill on Congress.govWeb Page ↗ (opens in a new tab)

Timeline

  1. Library of CongressIntroduced in Senate
  2. SenateRead twice and referred to the Committee on Finance.
  3. Introduced
  4. Committee

Comments

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