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S. 4054 117th Congress Senate

A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the…

Official title: A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions u… Show full official titleShow less

Official title: A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the Russian financial institutions listed in General License No. 8A.

Introduced: April 7, 2022 Introduced by: Roger Marshall Republican · Kansas See on congress.gov
Foreign Trade and International Finance Energy storage, supplies, demandEuropeForeign and international bankingForeign property
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Licensing and registrationsOil and gasRussiaSanctionsTrade restrictions
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 7, 2022
Introduced in Senate
Apr 7, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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 Latest action April 7, 2022

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

This bill terminates General License No. 8A, which was issued by the Department of the Treasury's Office of Foreign Assets Control to authorize energy-related transactions involving specified Russian financial institutions. Further, the bill applies property-blocking sanctions to those Russian financial institutions listed in the license.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Scott, Rick
Florida · Apr 7, 2022
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APA
U.S. Congress. (2026). S. 4054: A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the Russian financial institutions listed in General License No. 8A.. 117th Congress. Open America. https://openamerica.io/bill/117-S-4054/
MLA
"S. 4054: A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the Russian financial institutions listed in General License No. 8A.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4054/.
Bluebook (legal)
S. 4054, 117th Cong. (2026), https://openamerica.io/bill/117-S-4054/.
Markdown link
[S. 4054: A bill to terminate General License No. 8A of the Office of Foreign Assets Control of the Department of the Treasury and require the application of sanctions under Executive Order 14024 to the Russian financial institutions listed in General License No. 8A.](https://openamerica.io/bill/117-S-4054/)
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