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. 104. Imposition of sanctions with respect to other entities owned or controlled by the Government of the Russian Federation

(a) In general. Not later than 30 days after the date of the enactment of this Act, and every 180 days thereafter, the President shall—

(1) review any entity—

(A) in which the Government of the Russian Federation may have a controlling or majority ownership interest; or

(B) that may otherwise be affiliated with the Government of the Russian Federation; and

(2) impose the sanctions described in subsection (b) with respect to an entity if the President determines that—

(A) the Government of the Russian Federation has a controlling or majority ownership interest in the entity; or

(B) the entity is otherwise affiliated with the Government of the Russian Federation.

(b) Sanctions described. The President shall exercise all of the powers granted to the President under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) to the extent necessary to block and prohibit all transactions in property and interests in property of an entity described in subsection (a) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person.

II Other matters