S. 5025

Lindsey O. Graham Sanctioning Russia Act of 2026

Sponsor: Darline Graham

63 cosponsors
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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. 115. Waiver

(a) In general. The President may, subject to subsection (b), waive the application of any sanctions provision with respect to a foreign person, any restriction with respect to a person, or any duty under this title.

(b) Reports required

(1) In general. Before issuing a waiver under subsection (a), the President shall submit to Congress—

(A) a certification in writing that the issuance of the waiver is in the national interests of the United States; and

(B) a report explaining the basis for the certification.

(2) Consolidation of reports. If the President is issuing more than one waiver of a section of this title, the President may include, in one report submitted under paragraph (1), the certifications and explanations required by that paragraph with respect to each such waiver, as long as all of such certifications and explanations relate to a waiver of the same section of this title.

(3) Form of report. Each report required by paragraph (1) shall be submitted in unclassified form but may include a classified annex.

(4) Applicability to modifications of certain duty rates. The President is not required to submit a report under paragraph (1) for a modification or adjustment of a rate of duty pursuant to section 113(b). This paragraph does not modify or negate the requirement to submit a written determination required by section 113(b) or a report required by section 113(g)(1).

II Other matters