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HR 2145 115th Congress House International Affairs Europe Licensing and registrations Oil and gas Russia Sanctions Sovereignty, recognition, national governance and status Trade restrictions Ukraine

No REX Act

Introduced: April 25, 2017 Introduced by: Waters, Maxine Democratic · California See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2017
Referred to the House Committee on Foreign Affairs.
Apr 25, 2017
Introduced in House
 Plain-English summary Congressional Research Service

No Russia Exemptions for Oil Production Act or the No REX Act

This bill prohibits the Department of the Treasury from providing licenses or other authorization for U.S. persons to engage in activities relating to deepwater, Arctic offshore, or shale projects that may produce oil in Russia or within its maritime jurisdiction. Executive Order 13662 (relating to blocking property of additional persons contributing to the situation in Ukraine) authorized Treasury to prevent U.S. persons from engaging in business with Russia in various sectors, including the energy sector.

Additionally, the bill nullifies any license or other authorization to engage in prohibited activities issued before the enactment of this bill.

What's happening now April 25, 2017

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1