Library / Laws / 117th / hr / H.R. 3598 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 3598
IN THE HOUSE OF REPRESENTATIVES
May 28, 2021Mr. Keller introduced the following bill; which was referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
A BILL
To expand the Protecting Europe’s Energy Security Act of 2019 and require the reinstatement of sanctions waived with respect to Nord Stream 2 AG and corporate officers of Nord Stream 2 AG.
1.
Short title
This Act may be cited as the Protecting Our Wellbeing by Expanding Russian Sanctions Act or the POWERS Act.
2.
Expansion of protecting Europe’s Energy Security Act of 2019
Section 7503(a)(1)(B) of the Protecting Europe’s Energy Security Act of 2019 (title LXXV of Public Law 116–92; 22 U.S.C. 9526 note) is amended—
(1) in clause (iv), by striking ; or and inserting a semicolon;
(2) in clause (v), by striking ; and and inserting ; or; and
(3) by adding at the end the following:
(vi) engaged in any transaction with any foreign person described in any of clauses (i) through (v); and
.
3.
Reinstatement of waived sanctions
Any sanctions under section 7503 of the Protecting Europe’s Energy Security Act of 2019 (title LXXV of Public Law 116–92; 22 U.S.C. 9526 note) or any other provision of law waived with respect to Nord Stream 2 AG or any corporate officer of Nord Stream 2 AG before the date of the enactment of this Act—
(1) shall be reinstated; and
(2) notwithstanding subsection (f) of that section, may not be waived except pursuant to an Act of Congress.