HR 6900 · 117th Congress · Finance and Financial Sector

Russian Sovereign Debt Prohibition Act of 2022

Introduced 2022-03-02· Sponsored by Rep. Huizenga, Bill [R-MI-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2022-03-02)

Plain Language Summary

[AI summary unavailable — showing source text] Russian Sovereign Debt Prohibition Act of 2022 This bill prohibits U.S. financial institutions from participating in the secondary Russian-backed bond market. This prohibition expires on the earlier of (1) 5 years after the date of enactment, or (2) 30 days after the President reports to Congress that Russia has ceased its destabilizing activities in Ukraine.…

Summarized by Claude AI · Non-partisan · For informational purposes only