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

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

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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.

Related & companion bills 1

Bill text 1 version