,i #aag? ,,congress #b;d ,session ,h4 ,r4 #fidd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #g1 #bjbb ,mr4 ,curtis introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs1 & 9 addition to ! ,committees on ,f9ancial ,s]vices1 ,en]gy & ,comm]ce1 & ,natural ,res\rces1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to impose sanctions ) respect to ! importation ( oil & natural gas f ,russia1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,en]gy ,unlea%+ 9 ,response to ! ,(f5ses ( ,put9 aga9/ ,europeans ,act or ! ,,europe ,act4 #b4 ,exp$it$ approvals relat$ to natural gas exports to treaty allies & p>tn]s 7a7 ,exportation ( natural gas ,section #c7;c7 ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;b7c77 is am5d$-- 7#a7 by /rik+ or ! & ins]t+ !2 & 7#b7 by ins]t+ or ! exportation ( natural gas to a c\ntry t is a p>ty to a mutual def5se treaty ) ! ,unit$ ,/ates aft] trade 9 natural gas14 7b7 ,,lng t]m9als ,! ,f$]al ,en]gy ,regulatory ,commission %all exp$ite ! approval ( applications "u section #c ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;b7 = ! sit+1 con/ruction1 expansion1 or op]ation ( liquifi$ natural gas t]m9als t are int5d$ to be us$ = ! exportation ( natural gas to "o or m c\ntries t are a p>ty to a mutual def5se treaty ) ! ,unit$ ,/ates4 #c4 ,oil & gas leas+ au?orization ,! ,secret>y ( ! ,int]ior %all1 imm$iately & )\t fur!r review1 resume oil & gas leas+ on public l& & (f%ore wat]s4 #d4 ,imposition ( sanctions ) respect to ,russian oil & gas exports 7a7 ,9 g5]al ,except z provid$ by ?is section1 beg9n+ on ! enactm5t ( ?is ,act1 ! ,presid5t-- 7#a7 %all prohibit ! op5+1 & prohibit or impose /rict conditions on ! ma9ta9+1 9 ! ,unit$ ,/ates ( a correspond5t acc\nt or a payable-?r\gh acc\nt by a =eign f9ancial in/itution t ! ,presid5t det]m9es has kn[+ly conduct$ or facilitat$ any f9ancial transaction ) ! ,c5tral ,bank ( ,russia or ano!r ,russia f9ancial in/itution designat$ by ! ,secret>y ( ! ,treasury = ! imposition ( sanctions pursuant to ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq472 & 7#b7 %all impose sanctions pursuant to ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 et seq47 ) respect to ! ,c5tral ,bank ( ,russia4 7b7 ,exception = sales ( food1 m$ic9e1 & m$ical devices ,! ,presid5t may n impose sanctions "u subsection 7a7 ) respect to any p]son = conduct+ or facilitat+ a transaction = ! sale ( food1 m$ic9e1 or m$ical devices to ,russia4 7c7 ,applicability ( sanctions ) respect to =eign c5tral banks ,except z provid$ 9 subsection 7d71 sanctions impos$ "u subsection 7a77#a7 %all apply ) respect to a =eign f9ancial in/itution own$ or controll$ by ! gov]nm5t ( a =eign c\ntry1 includ+ a c5tral bank ( a =eign c\ntry1 only ins(> z x engages 9 a f9ancial transaction = ! sale or pur*ase ( petroleum or petroleum products to or f ,russia conduct$ or facilitat$ on or aft] ! date ( ! enactm5t ( ?is ,act4 7d7 ,applicability ( sanctions ) respect to petroleum transactions 7#a7 ,report requir$ ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 & e #fj days !reaft]1 ! ,adm9i/rator ( ! ,en]gy ,in=mation ,adm9i/ration1 9 consultation ) ! ,secret>y ( ! ,treasury1 ! ,secret>y ( ,/ate1 & ! ,director ( ,national ,intellig5ce1 %all submit to ,congress a report on ! availability & price ( petroleum & petroleum products produc$ 9 c\ntries o!r ?an ,russia 9 ! #fj-;day p]iod prec$+ ! submission ( ! report4 7#b7 ,det]m9ation requir$ ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 & e #ahj days !reaft]1 ! ,presid5t %all det]m9e1 bas$ on ! reports requir$ by p>agraph 7#a71 :e!r ! price & supply ( petroleum & petroleum products produc$ 9 c\ntries o!r ?an ,russia is suffici5t to p]mit pur*as]s ( petroleum & petroleum products f ,russia to r$uce significantly 9 volume _! pur*ases f ,russia4 7#c7 ,application ( sanctions ,except z provid$ 9 p>agraph 7#d71 sanctions impos$ "u subsection 7a77#a7 %all apply ) respect to ea* f9ancial transaction conduct$ or facilitat$ by a =eign f9ancial in/itution on or aft] ! date ( ! enactm5t ( ?is ,act = ! pur*ase ( petroleum or petroleum products f ,russia if ! ,presid5t det]m9es pursuant to p>agraph 7#b7 t !re is a suffici5t supply ( petroleum & petroleum products f c\ntries o!r ?an ,russia to p]mit a significant r$uction 9 ! volume ( petroleum & petroleum products pur*as$ f ,russia by or ?r\gh =eign f9ancial in/itutions4 7#d7 ,exception ,sanctions impos$ pursuant to subsection 7a7 %all n apply ) respect to a =eign f9ancial in/itution if ! ,presid5t det]m9es & reports to ,congress1 n lat] ?an #ij days aft] ! date on :i* ! ,presid5t makes ! det]m9ation requir$ by p>agraph 7#b71 & e #ahj days !reaft]1 t ! c\ntry ) prim>y jurisdiction ov] ! =eign f9ancial in/itution has significantly r$uc$ its volume ( crude oil pur*ases f ,russia dur+ ! p]iod beg9n+ on ! date on :i* ! ,presid5t submitt$ ! la/ report ) respect to ! c\ntry "u ?is subp>agraph4 #e4 ,export-import bank f9anc+ = c]ta9 en]gy-relat$ exports ,section #b7;b77#a7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce 7b77#a77 is am5d$ by add+ at ! end ! foll[+3 7,n7 ,! ,bank %all make available1 f ! aggregate loan1 gu>antee1 & insurance au?ority available to ! ,bank1 an am\nt to f9ance exports directly reg>d+ clean en]gy te*nology1 en]gy infra/ructure1 & production ( natural res\rces1 :i* %all h ! goal ( be+ n less ?an #be p]c5t ( ! au?orizations = ea* fiscal ye>4 ,x %all be a goal ( ! ,bank to maximize ! am\nt f9anc$ 9 cases 9 :i* an int]national /rategic competitor is likely compet+ aga9/ a ,unit$ ,/ates export] = a contract deal+ ) en]gy te*nology or natural res\rces1 or 9 cases 9 :i* a ,unit$ ,/ates export] is capable ( fulfill+ su* a contract 9 a way t w\ld produce less] environm5tally h>mful emissions4 ,! ,bank %all report to ,congress annually z to its progress 9 meet+ ^! goals4 4