Docket
118th Congress · HOUSE BILLBILL

H.R. 5512 — Russia and Belarus Financial Sanctions Act of 2023

“To require United States financial institutions to ensure entities and persons owned or controlled by the institution comply with financial sanctions on the Russian Federation and the Republic of Belarus to the same extent as the institution itself, and for other purposes.”

Finance and financial sector
Introduced Sep 14, 2023
Last action Dec 13, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 14, 2023
Step 2
Referred
Sep 14, 2023
Agriculture · Financial Services
Step 3
Committee
Sep 20, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires a U.S. Financial institution to take all necessary and available actions to ensure any entity or person owned or controlled by such institution complies with financial sanctions applicable to Russia or Belarus to the same extent required of that institution. 

Provisions · 2 sectionsReported to House
Timeline · 8 actions
Dec 13, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-316, Part I.
Dec 13, 2023
Committee on Agriculture discharged.
Dec 13, 2023
Placed on the Union Calendar, Calendar No. 255.
Sep 20, 2023
Committee Consideration and Mark-up Session Held
Sep 20, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0.
Sep 14, 2023
Introduced in House
Sep 14, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
Sep 14, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.