S. 5025

Lindsey O. Graham Sanctioning Russia Act of 2026

Official summary

Written by the Congressional Research Service.

Lindsey O. Graham Sanctioning Russia Act of 2026

This bill imposes a variety of sanctions, tariffs, and prohibitions related to Russia.

For example, under the bill, the President must 

  • impose visa- and property-blocking sanctions on specified persons (individuals and entities) such as the Russian president, certain Russian military commanders, and any foreign person that knowingly provides goods or services relating to Russia's defense industrial base;
  • increase the rate of duty on all goods imported into the United States from Russia to a rate of up to 500% ad valorem (i.e., relative to the value);
  • increase the rate of duty up to 100% ad valorem on all goods imported into the United States from a country that was among the five largest importers of Russian-origin crude oil or natural gas if such country knowingly makes new purchases of such products after enactment of the bill;
  • impose property-blocking sanctions on financial institutions organized under Russian law and owned wholly or partly by Russia; and 
  • impose property-blocking sanctions on foreign vessels that knowingly transport certain products of Russian origin, including crude oil, uranium, and coal. 

The bill prohibits (1) the export, reexport, or in-country transfer to or in Russia of U.S.-produced energy or energy product; (2) U.S. persons from making new investments in Russia or purchasing Russian sovereign debt; and (3) trading the securities of Russian government-owned, -controlled, or -affiliated entities on U.S. national securities exchanges.

The President may waive requirements of the bill by certifying it is in the national interest.

Text of the bill

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I Sanctions with respect to the Russian Federation

Sec. 112. Increase in duties on goods imported from the Russian Federation

(a) In general. Not later than 30 days after the date of the enactment of this Act, the President shall, notwithstanding any other provision of law, increase the rate of duty for all goods, including oil, natural gas, liquefied natural gas, petroleum, petroleum products, petrochemical products, coal, and coal products, imported into the United States from the Russian Federation to a rate of up to 500 percent ad valorem.

(b) Duty rate in addition to other duties, fees, taxes, exactions, or charges. The rate of duty required under subsection (a) with respect to a good described in that subsection shall be in addition to any other duty, fee, tax, exaction, or charge applicable with respect to the good, including any duty imposed under title VII of the Tariff Act of 1930 (19 U.S.C. 1671 et seq.), section 122, 201, or 301 of the Trade Act of 1974 (19 U.S.C. 2132, 2251, and 2411), or section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862).

II Other matters