HR 6900
117th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Conflicts and wars
Europe
Foreign loans and debt
Military operations and strategy
Russia
Securities
Sovereignty, recognition, national governance and status
Ukraine
Russian Sovereign Debt Prohibition Act of 2022
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2022
Referred to the House Committee on Financial Services.
Mar 2, 2022
Introduced in House
Plain-English summary
Russian Sovereign Debt Prohibition Act of 2022
This bill prohibits U.S. financial institutions from participating in the secondary Russian-backed bond market. This prohibition expires on the earlier of (1) 5 years after the date of enactment, or (2) 30 days after the President reports to Congress that Russia has ceased its destabilizing activities in Ukraine.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1