H. R. 3364—38 
(A) An identification of the most significant senior for-
eign political figures and oligarchs in the Russian Federa-
tion, as determined by their closeness to the Russian regime 
and their net worth. 
(B) An assessment of the relationship between individ-
uals identified under subparagraph (A) and President 
Vladimir Putin or other members of the Russian ruling 
elite. 
(C) An identification of any indices of corruption with 
respect to those individuals. 
(D) The estimated net worth and known sources of 
income of those individuals and their family members 
(including 
spouses, 
children, 
parents, 
and 
siblings), 
including assets, investments, other business interests, and 
relevant beneficial ownership information. 
(E) An identification of the non-Russian business affili-
ations of those individuals. 
(2) Russian parastatal entities, including an assessment 
of the following: 
(A) The emergence of Russian parastatal entities and 
their role in the economy of the Russian Federation. 
(B) The leadership structures and beneficial ownership 
of those entities. 
(C) The scope of the non-Russian business affiliations 
of those entities. 
(3) The exposure of key economic sectors of the United 
States to Russian politically exposed persons and parastatal 
entities, including, at a minimum, the banking, securities, 
insurance, and real estate sectors. 
(4) The likely effects of imposing debt and equity restric-
tions on Russian parastatal entities, as well as the anticipated 
effects of adding Russian parastatal entities to the list of spe-
cially designated nationals and blocked persons maintained 
by the Office of Foreign Assets Control of the Department 
of the Treasury. 
(5) The potential impacts of imposing secondary sanctions 
with respect to Russian oligarchs, Russian state-owned enter-
prises, and Russian parastatal entities, including impacts on 
the entities themselves and on the economy of the Russian 
Federation, as well as on the economies of the United States 
and allies of the United States. 
(b) FORM OF REPORT.—The report required under subsection 
(a) shall be submitted in an unclassified form, but may contain 
a classified annex. 
(c) DEFINITIONS.—In this section: 
(1) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 
‘‘appropriate congressional committees’’ means— 
(A) the Committee on Banking, Housing, and Urban 
Affairs, the Committee on Foreign Relations, and the Com-
mittee on Finance of the Senate; and 
(B) the Committee on Foreign Affairs, the Committee 
on Financial Services, and the Committee on Ways and 
Means of the House of Representatives. 
(2) SENIOR FOREIGN POLITICAL FIGURE.—The term ‘‘senior 
foreign political figure’’ has the meaning given that term in 
section 1010.605 of title 31, Code of Federal Regulations (or 
any corresponding similar regulation or ruling).
H. R. 3364—39 
SEC. 242. REPORT ON EFFECTS OF EXPANDING SANCTIONS TO 
INCLUDE SOVEREIGN DEBT AND DERIVATIVE PRODUCTS. 
(a) IN GENERAL.—Not later than 180 days after the date of 
the enactment of this Act, the Secretary of the Treasury, in consulta-
tion with the Director of National Intelligence and the Secretary 
of State, shall submit to the appropriate congressional committees 
a report describing in detail the potential effects of expanding 
sanctions under Directive 1 (as amended), dated September 12, 
2014, issued by the Office of Foreign Assets Control under Executive 
Order No. 13662 (79 Fed. Reg. 16169; relating to blocking property 
of additional persons contributing to the situation in Ukraine), 
or any successor directive, to include sovereign debt and the full 
range of derivative products. 
(b) FORM OF REPORT.—The report required under subsection 
(a) shall be submitted in an unclassified form, but may contain 
a classified annex. 
(c) APPROPRIATE CONGRESSIONAL COMMITTEES DEFINED.—In 
this section, the term ‘‘appropriate congressional committees’’ 
means— 
(1) the Committee on Banking, Housing, and Urban Affairs, 
the Committee on Foreign Relations, and the Committee on 
Finance of the Senate; and 
(2) the Committee on Foreign Affairs, the Committee on 
Financial Services, and the Committee on Ways and Means 
of the House of Representatives. 
SEC. 243. REPORT ON ILLICIT FINANCE RELATING TO THE RUSSIAN 
FEDERATION. 
(a) IN GENERAL.—Not later than 1 year after the date of the 
enactment of this Act, and not later than the end of each 1- 
year period thereafter until 2021, the Secretary of the Treasury 
shall submit to the appropriate congressional committees a report 
describing interagency efforts in the United States to combat illicit 
finance relating to the Russian Federation. 
(b) ELEMENTS.—The report required by subsection (a) shall 
contain a summary of efforts by the United States to do the fol-
lowing: 
(1) Identify, investigate, map, and disrupt illicit financial 
flows linked to the Russian Federation if such flows affect 
the United States financial system or those of major allies 
of the United States. 
(2) Conduct outreach to the private sector, including 
information sharing efforts to strengthen compliance efforts 
by entities, including financial institutions, to prevent illicit 
financial flows described in paragraph (1). 
(3) Engage and coordinate with allied international part-
ners on illicit finance, especially in Europe, to coordinate efforts 
to uncover and prosecute the networks responsible for illicit 
financial flows described in paragraph (1), including examples 
of that engagement and coordination. 
(4) Identify foreign sanctions evaders and loopholes within 
the sanctions regimes of foreign partners of the United States. 
(5) Expand the number of real estate geographic targeting 
orders or other regulatory actions, as appropriate, to degrade 
illicit financial activity relating to the Russian Federation in 
relation to the financial system of the United States.
H. R. 3364—40 
(6) Provide support to counter those involved in illicit 
finance relating to the Russian Federation across all appro-
priate law enforcement, intelligence, regulatory, and financial 
authorities of the Federal Government, including by imposing 
sanctions with respect to or prosecuting those involved. 
(7) In the case of the Department of the Treasury and 
the Department of Justice, investigate or otherwise develop 
major cases, including a description of those cases. 
(c) BRIEFING.—After submitting a report under this section, 
the Secretary of the Treasury shall provide briefings to the appro-
priate congressional committees with respect to that report. 
(d) COORDINATION.—The Secretary of the Treasury shall coordi-
nate with the Attorney General, the Director of National Intel-
ligence, the Secretary of Homeland Security, and the Secretary 
of State in preparing each report under this section. 
(e) FORM.—Each report submitted under this section shall be 
submitted in unclassified form, but may contain a classified annex. 
(f) DEFINITIONS.—In this section: 
(1) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 
‘‘appropriate congressional committees’’ means— 
(A) the Committee on Banking, Housing, and Urban 
Affairs, the Committee on Foreign Relations, and the Com-
mittee on Finance of the Senate; and 
(B) the Committee on Foreign Affairs, the Committee 
on Financial Services, and the Committee on Ways and 
Means of the House of Representatives. 
(2) ILLICIT FINANCE.—The term ‘‘illicit finance’’ means the 
financing of terrorism, narcotics trafficking, or proliferation, 
money laundering, or other forms of illicit financing domesti-
cally or internationally, as defined by the President. 
Subtitle B—Countering Russian Influence 
in Europe and Eurasia 
SEC. 251. FINDINGS. 
Congress makes the following findings: 
(1) The Government of the Russian Federation has sought 
to exert influence throughout Europe and Eurasia, including 
in the former states of the Soviet Union, by providing resources 
to political parties, think tanks, and civil society groups that 
sow distrust in democratic institutions and actors, promote 
xenophobic and illiberal views, and otherwise undermine Euro-
pean unity. The Government of the Russian Federation has 
also engaged in well-documented corruption practices as a 
means toward undermining and buying influence in European 
and Eurasian countries. 
(2) The Government of the Russian Federation has largely 
eliminated a once-vibrant Russian-language independent media 
sector and severely curtails free and independent media within 
the borders of the Russian Federation. Russian-language media 
organizations that are funded and controlled by the Government 
of the Russian Federation and disseminate information within 
and outside of the Russian Federation routinely traffic in anti- 
Western disinformation, while few independent, fact-based 
media sources provide objective reporting for Russian-speaking 
audiences inside or outside of the Russian Federation.
H. R. 3364—41 
(3) The Government of the Russian Federation continues 
to violate its commitments under the Memorandum on Security 
Assurances in connection with Ukraine’s Accession to the 
Treaty on the Non-Proliferation of Nuclear Weapons, done at 
Budapest December 5, 1994, and the Conference on Security 
and Co-operation in Europe Final Act, concluded at Helsinki 
August 1, 1975 (commonly referred to as the ‘‘Helsinki Final 
Act’’), which laid the ground-work for the establishment of 
the Organization for Security and Co-operation in Europe, of 
which the Russian Federation is a member, by its illegal annex-
ation of Crimea in 2014, its illegal occupation of South Ossetia 
and Abkhazia in Georgia in 2008, and its ongoing destabilizing 
activities in eastern Ukraine. 
(4) The Government of the Russian Federation continues 
to ignore the terms of the August 2008 ceasefire agreement 
relating to Georgia, which requires the withdrawal of Russian 
Federation troops, free access by humanitarian groups to the 
regions of South Ossetia and Abkhazia, and monitoring of the 
conflict areas by the European Union Monitoring Mission. 
(5) The Government of the Russian Federation is failing 
to comply with the terms of the Minsk Agreement to address 
the ongoing conflict in eastern Ukraine, signed in Minsk, 
Belarus, on February 11, 2015, by the leaders of Ukraine, 
Russia, France, and Germany, as well as the Minsk Protocol, 
which was agreed to on September 5, 2014. 
(6) The Government of the Russian Federation is— 
(A) in violation of the Treaty between the United States 
of America and the Union of Soviet Socialist Republics 
on the Elimination of their Intermediate-Range and 
Shorter-Range Missiles, signed at Washington December 
8, 1987, and entered into force June 1, 1988 (commonly 
known as the ‘‘INF Treaty’’); and 
(B) failing to meet its obligations under the Treaty 
on Open Skies, done at Helsinki March 24, 1992, and 
entered into force January 1, 2002 (commonly known as 
the ‘‘Open Skies Treaty’’). 
SEC. 252. SENSE OF CONGRESS. 
It is the sense of Congress that— 
(1) the Government of the Russian Federation bears respon-
sibility for the continuing violence in Eastern Ukraine, 
including the death on April 24, 2017, of Joseph Stone, a 
citizen of the United States working as a monitor for the 
Organization for Security and Co-operation in Europe; 
(2) the President should call on the Government of the 
Russian Federation— 
(A) to withdraw all of its forces from the territories 
of Georgia, Ukraine, and Moldova; 
(B) to return control of the borders of those territories 
to their respective governments; and 
(C) to cease all efforts to undermine the popularly 
elected governments of those countries; 
(3) the Government of the Russian Federation has applied, 
and continues to apply, to the countries and peoples of Georgia 
and Ukraine, traditional uses of force, intelligence operations, 
and influence campaigns, which represent clear and present 
threats to the countries of Europe and Eurasia;