,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #fiie  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #h1 #bjbb,mr4    
,p]ry introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,ways &       
,means1 & 9 addition to ! ,committees on
 ,=eign ,affairs1 & ,f9ancial ,s]vices1 
= 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   
prohibit trade ) ! ,russian ,f$]ation1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,russia ,trade &   
,inve/m5t ,ban ,act4  #b4 ,prohibition  
on trade ) ! ,russian ,f$]ation  7a7 ,9 
g5]al ,! ,presid5t %all e/abli% & ma9ta9
 a total emb>go ^u all trade betwe5 !   
,unit$ ,/ates & ! ,russian ,f$]ation1   
,crimea1 & ! regions ( ,donetsk &       
,luhansk 9 ,ukra9e4  7b7 ,effective date
 ,! prohibition "u subsection 7a7 %all  
take effect beg9n+ at #ab3ja a4m4 ea/]n 
daylight "t on ! date t is #fj days aft]
 ! date ( ! enactm5t ( ?is ,act4  #c4   

,sanctions  7a7 ,9 g5]al ,not)/&+ any   
o!r provision ( law1 ! pur*ase or sale  
by a ,unit$ ,/ates p]son ( any publicly 
trad$ securities1 or any publicly trad$ 
securities t are d]ivative ( su*        
securities or are design$ to provide    
inve/m5t exposure to su* securities1 (  
any entity incorporat$ 9 ! ,russian     
,f$]ation1 ,crimea1 or ! region (       
,donetsk or ,luhansk 9 ,ukra9e1 or any  
affiliate ( su* entity1 is prohibit$4   
7b7 ,effective date ,! prohibitions "u  
subsection 7a7 %all take effect beg9n+  
at #ab3ja a4m4 ea/]n daylight "t on !   
date t is #fj days aft] ! date ( !      
enactm5t ( ?is ,act4  7c7 ,dive/m5t ,!  
pur*ase or sale ( publicly trad$        
securities describ$ 9 subsection 7a7    
made solely to effect ! dive/m5t1 9 :ole
 or 9 "p1 ( su* securities by a ,unit$  
,/ates p]son is p]mitt$ prior to #ab3ja 
a4m4 ea/]n daylight "t on ! date t is   
#cfe days aft] ! date ( ! enactm5t ( ?is
 ,act1 ) respect to any entity          
incorporat$ 9 ! ,russian ,f$]ation1     

,crimea1 or ! region ( ,donetsk or      
,luhansk 9 ,ukra9e1 or any affiliate (  
su* entity4  7d7 ,evasion ( sanctions   
7#a7 ,9 g5]al ,! foll[+ actions are     
prohibit$3 7,a7 ,any transactions by a  
,unit$ ,/ates p]son or )9 ! ,unit$      
,/ates t evades or avoids1 has ! purpose
 ( evad+ or avoid+1 causes a violation  
(1 or attempts to violate ! prohibitions
 set =? 9 ?is section4  7,b7 ,any       
conspiracy =m$ to violate any ( !       
prohibitions set =? 9 ?is section4  7#b7
 ,p5alties ,! au?orization provid$ 9    
subsection 7e7 may be us$ to apply      
p5alties provid$ = 9 subsections 7b7 &  
7c7 ( section #bjf ( ! ,int]national    
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agje7 ) respect to a p]son t 
kn[+ly violates1 attempts to violate1   
conspires to violate1 or causes a       
violation ( regulations promulgat$ "u   
su* subsection 7e7 to ! same ext5t t su*
 p5alties apply to a p]son t kn[+ly     
commits an unlawful act describ$ 9      
section #bjf7;a7 ( su* ,act4  7e7       

,au?orization ,! ,secret>y ( !          
,treasury1 aft] consultation ) !        
,secret>y ( ,/ate1 ! ,director (        
,national ,intellig5ce1 & ! heads ( o!r 
executive dep>tm5ts & ag5cies z det]m9$ 
appropriate by ! ,secret>y ( !          
,treasury1 is au?oriz$ to take su*      
actions1 includ+ ! promulgation ( rules 
& regulations1 & to employ all p[]s     
grant$ to ! ,presid5t by ! ,int]national
 ,em]g5cy ,economic ,p[]s ,act1 to c>ry 
out ! purposes ( ?is section4 ,!        
,secret>y ( ! ,treasury may1 consi/5t ) 
applicable law1 r$elegate any ( su*     
functions )9 ! ,dep>tm5t ( ! ,treasury4 
,! heads ( ,f$]al dep>tm5ts & ag5cies   
%all take all appropriate measures )9 _!
 au?ority to c>ry out ! provisions ( ?is
 section4  #d4 ,def9itions ,9 ?is ,act3 
7#a7 ,affiliate ,! t]m affiliate-- 7,a7 
has ! mean+ giv5 su* t]m 9 section      
#bcj4dje ( title #ag1 ,code ( ,f$]al    
,regulations 7z 9 effect on ! date ( !  
enactm5t ( ?is ,act72  7,b7 means a     
p]son t is closely associat$ ) ano!r    

p]son typically 9 a dep5d5t or          
subord9ate position2 or  7,c7 means a   
p]son t has a common purpose or %>$     
*>act]i/ics ) ano!r p]son4  7#b7 ,entity
 ,! t]m entity means a gov]nm5t or      
in/rum5tality ( su* gov]nm5t1 or a      
p>tn]%ip1 association1 tru/1 jo9t       
v5ture1 corporation1 gr\p1 subgr\p1 or  
o!r organization4  7#c7 ,p]son ,! t]m   
p]son means an individual or entity4    
7#d7 ,publicly trad$ securities ,! t]m  
publicly trad$ securities includes any  
security 7z su* t]m is def9$ 9 section  
#c7;a7 ( ! ,securities ,ex*ange ,act (  
#aicd 7#ae ,u4,s4,c4 #gh;c7a7771        
d5om9at$ 9 any curr5cy t trades on a    
securities ex*ange or ?r\gh ! me?od (   
trad+ t is commonly ref]r$ to z         
ov]-!-c\nt]1 9 any jurisdiction4  7#e7  
,unit$ ,/ates p]son ,! t]m ,unit$ ,/ates
 p]son means-- 7,a7 any ,unit$ ,/ates   
citiz51 p]man5t resid5t ali51 or entity 
7includ+ =eign bran*es7 organiz$ "u !   
laws ( ! ,unit$ ,/ates or any           
jurisdiction )9 ! ,unit$ ,/ates2 or     

7,b7 any p]son 9 ! ,unit$ ,/ates4