,,ii  #aagth ,,congress  #b;d ,session  
,s4 #cgga  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #g1     
#bjbb,mr4 ,cornyn 7for himself1 ,ms4    
,hassan1 ,mr4 ,hagerty1 and ,mr4 ,king7 
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,banking1 ,housing1 and   
,urban ,affairs  ,a ,,bill  ,to prohibit
 ,united ,states persons from engaging  
in transactions with foreign persons    
that purchase or transact in gold from  
the ,russian ,federation4  #a4 ,short   
title ,this ,act may be cited as the    
,stop ,russian ,government and          
,oligarchs from ,limiting ,democracy    
,act of #bjbb or the ,stop ,russian     
,,gold ,act of #bjbb4  #b4 ,prohibition 
on transactions with foreign persons    
that purchase or transact in ,russian   
gold  7a7 ,in general ,any transaction  
by a ,united ,states person with a      
foreign person described in subsection  
7b7 is prohibited4  7b7 ,foreign person 
described ,a foreign person is described

 in this subsection if the foreign      
person-- 7#a7 purchases1 transacts in1  
or transports between countries gold    
received from the ,government of the    
,russian ,federation1 including from    
reserves of the ,central ,bank of the   
,russian ,federation held outside the   
,russian ,federation2 or  7#b7 engages  
in a transaction-- 7,a7 involving gold2 
and  7,b7 that has a physical or        
electronic nexus to the ,russian        
,federation4  7c7 ,guidance ,not later  
than #cj days after the date of the     
enactment of this ,act1 the ,secretary  
of the ,treasury shall publish guidance 
for ,united ,states persons with respect
 to compliance with this section1       
including guidance-- 7#a7 to ensure that
 ,united ,states persons are able to    
avoid unknowingly investing in or       
transacting with foreign persons        
described in subsection 7b7 through     
bundled or basked assets2 and  7#b7 to  
facilitate divestment from investment in
 and transactions with such foreign     

persons4  7d7 ,implementation2 penalties
  7#a7 ,implementation ,the ,president  
may exercise all authorities provided   
under sections #bjc and #bje of the     
,international ,emergency ,economic     
,powers ,act 7#ej ,u4,s4,c4 #agjb and   
#agjd7 to carry out this section4  7#b7 
,penalties ,a person that violates1     
attempts to violate1 conspires to       
violate1 or causes a violation of this  
section or any regulation1 license1 or  
order issued to carry out this section  
shall be subject to the penalties set   
forth in subsections 7b7 and 7c7 of     
section #bjf of the ,international      
,emergency ,economic ,powers ,act 7#ej  
,u4,s4,c4 #agje7 to the same extent as a
 person that commits an unlawful act    
described in subsection 7a7 of that     
section4  7e7 ,definitions ,in this     
section3 7#a7 ,foreign person ,the term 
foreign person means an individual or   
entity that is not a ,united ,states    
person4  7#b7 ,united states person ,the
 term ,united ,states person means--    

7,a7 a ,united ,states citizen or an    
alien lawfully admitted for permanent   
residence to the ,united ,states2 or    
7,b7 an entity organized under the laws 
of the ,united ,states or any           
jurisdiction within the ,united ,states1
 including a foreign branch of such an  
entity4