S 1764 117th Congress Senate International Affairs Asia Congressional oversight Energy storage, supplies, demand Europe Foreign property Germany Marine and inland water transportation Oil and gas Pipelines Russia Sanctions Turkey Visas and passports

POWERS Act

Introduced: May 20, 2021 Introduced by: Cramer, Kevin Republican · North Dakota See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 20, 2021

Read twice and referred to the Committee on Foreign Relations.

May 20, 2021

Introduced in Senate

Plain-English summary Congressional Research Service

Protecting Our Well-being by Expanding Russian Sanctions Act or the POWERS Act

This bill expands existing sanctions against foreign persons engaged in certain activities related to the Nord Stream 2 and TurkStream pipelines, two Russian pipelines that were constructed to supply natural gas to Europe.

Currently, these sanctions apply to foreign persons that (1) provided pipe-laying vessels for the construction of either pipeline, (2) facilitated certain transactions for such vessels, (3) provided certain underwriting services or insurance for such vessels, or (4) provided certain services for such vessels or Nord Stream 2. Under this bill, these sanctions must also apply to any foreign person that engaged in any transaction with such sanctioned persons.

The bill also reinstates any sanctions that were previously waived with respect to Nord Stream 2 AG (the company established to construct and operate the pipeline) or any of its corporate officers. Such reinstated sanctions may not be waived except by an act of Congress.

What's happening now May 20, 2021

Read twice and referred to the Committee on Foreign Relations.

Committees of jurisdiction 1