(b) ADDITIONAL
RUSSIAN
FINANCIAL
INSTITU-
TIONS.— 
(1) LIST REQUIRED.—Not later than 30 days 
after making an affirmative determination under 
section 301, and every 90 days thereafter, the Presi-
dent shall submit to the appropriate committees of 
Congress a list of foreign persons that the President 
determines— 
(A) are significant financial institutions 
owned or operated by the Government of the 
Russian Federation; and 
(B) should be sanctioned in the interest of 
United States national security. 
(2) IMPOSITION OF SANCTIONS.—Upon the sub-
mission of each list required by paragraph (1), the 
President shall impose the sanctions described in 
section 310(a)(1) with respect to each foreign person 
identified on the list. 
SEC. 303. IMPOSITIONS OF SANCTIONS WITH RESPECT TO 
RUSSIAN OIL AND MINING INDUSTRY. 
Upon making an affirmative determination under 
section 301 and not later than 15 days following such a 
determination, the President shall impose the sanctions 
described in section 317 with respect to all Russian com-
panies operating primarily in any of the following sectors: 
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(1) Oil and gas extraction, refinement, or pro-
duction. 
(2) Coal extraction mining, refinement, or pro-
duction. 
(3) Mineral extraction and processing. 
SEC. 304. IMPOSITION OF SANCTIONS ON CERTAIN PER-
SONS AFFILIATED WITH OR SUPPORTING 
THE GOVERNMENT OF THE RUSSIAN FED-
ERATION. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
the sanctions described in section 317 with respect to all 
individuals listed under subsection (b) or included in the 
additional lists under subsection (c). 
(b) OFFICIALS SPECIFIED.—The officials specified in 
this subsection are the following: 
(1) The President of the Russian Federation. 
(2) The Prime Minister of the Russian Federa-
tion. 
(3) The Foreign Minister of the Russian Fed-
eration. 
(4) The Minister of Defense of the Russian 
Federation. 
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(5) The Minister of Transport of the Russian 
Federation. 
(6) The Minister of Energy of the Russian Fed-
eration. 
(7) The Minister of Finance of the Russian 
Federation. 
(8) The Minister of Energy and Trade of the 
Russian Federation. 
(9) The Deputy Minister of Defense of the Rus-
sian Federation. 
(10) The Deputy Foreign Minister of the Rus-
sian Federation. 
(11) The Deputy Minister of Transport of the 
Russian Federation. 
(12) The Deputy Energy Minister of the Rus-
sian Federation. 
(13) The Deputy Finance Minister of the Rus-
sian Federation. 
(14) The Deputy Minister of Industry and 
Trade of the Russian Federation. 
(15) The Chief of the General Staff of the 
Armed Forces of the Russian Federation. 
(16) The Commander-in-Chief of the Land 
Forces of the Russian Federation. 
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(17) The Commander-in-Chief of the Aerospace 
Forces of the Russian Federation. 
(18) The Commander of the Airborne Forces of 
the Russian Federation. 
(19) The Commander-in-Chief of the Navy of 
the Russian Federation. 
(20) The Commander of the Strategic Rocket 
Forces of the Russian Federation. 
(21) The Commander of the Special Operations 
Forces of the Russian Federation. 
(22) The Commander of Logistical Support of 
the Armed Forces of the Russian Federation. 
(c) ADDITIONAL OFFICIALS.— 
(1) LIST REQUIRED.—Not later than 30 days 
after making an affirmative determination under 
section 301 and every 90 days thereafter, the Presi-
dent shall submit to the appropriate committees of 
Congress a list of foreign persons that the President 
determines— 
(A) are— 
(i) senior officials of any branch of 
the Armed Forces of the Russian Federa-
tion leading any of the operations de-
scribed in section 302; or 
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(ii) senior officials of the Government 
of the Russian Federation, including any 
intelligence agencies or security services of 
the Russian Federation, with significant 
roles in planning or implementing such op-
erations; and 
(B) with respect to which sanctions should 
be imposed in the interest of the national secu-
rity of the United States. 
(2) IMPOSITION OF SANCTIONS.—Upon the sub-
mission of each list required by paragraph (1), the 
President shall impose the sanctions described in 
section 310 with respect to each foreign person on 
the list. 
SEC. 305. CRIMEA TUNNEL SANCTIONS. 
(a) FINDINGS.—Congress makes the following find-
ings: 
(1) In February and March 2014, the Russian 
Federation invaded the Crimean peninsula and an-
nexed Crimea, internationally recognized as Ukrain-
ian territory. 
(2) Following its annexation of Crimea, the 
Russian Federation constructed the Kerch Strait 
Bridge to connect the Russian mainland with the 
Crimean peninsula. 
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(3) On February 24, 2022, the Government of 
the Russian Federation, led by Vladimir Putin, 
launched an unprovoked, full-scale invasion of 
Ukraine. 
(4) The Russian Federation has used Crimea as 
an integral part of its full scale invasion of Ukraine, 
including to house Russian troops, store ammunition 
and weapons, and host the Black Sea Fleet. 
(5) In October 2023, it was publicly reported 
that Russian and Chinese business officials met and 
exchanged emails to discuss building a tunnel from 
the Russian mainland to illegally occupied Crimea. 
(b) IMPOSITION OF SANCTIONS.—Upon making an 
affirmative determination under section 301 and not later 
than 15 days following such a determination, the Presi-
dent shall impose the sanctions described in section 317 
with respect to all foreign persons that knowingly partici-
pate in the construction, maintenance, or repair of a tun-
nel or bridge that connects the Russian mainland with the 
Crimean peninsula. 
SEC. 306. ZAPORIZHZHIA NUCLEAR POWER PLANT SANC-
TIONS. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
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the sanctions described in section 317 with respect to all 
foreign persons that have endangered the integrity, safety, 
or undermined Ukrainian operational control of the 
Zaporizhzhia Nuclear Power Station located in south-
eastern Ukraine since the Russian Federation launched an 
unprovoked, full-scale invasion of Ukraine. 
(b) EXCEPTION RELATED
TO UKRAINIAN OPER-
ATIONAL CONTROL.—Sanctions under this section shall 
not apply to any foreign person seeking to reestablish 
Ukrainian operational control of the Zaporizhzhia Nuclear 
Power Station or the surrounding region. 
SEC. 307. ROSATOM SANCTIONS. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
the sanctions described in section 317 with respect to— 
(1) Rosatom; 
(2) Rosatom subsidiaries; and 
(3) a foreign person that knowingly directly or 
indirectly engages in any significant transaction for 
nuclear reactor construction and related services 
with Rosatom. 
(b) WAIVER.—The President may waive the applica-
tion of sanctions for a transaction or transactions with 
a United States person, a foreign person, or a foreign fi-
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nancial institution (as the case may be) described under 
this section if— 
(1) the President determines that the trans-
action relates to activities necessary to the produc-
tion of medical isotopes or industrial isotopes; and 
(2) the President certifies to the appropriate 
congressional committees that— 
(A) domestic medical isotope or industrial 
isotope production is insufficient to meet 
United States patient and industry require-
ments; and 
(B) the United States is taking measurable 
steps to establish medical isotope or industrial 
isotope supply chains that are not reliant on 
Rosatom or other Russian source material. 
SEC. 308. IMPOSITION OF PRICE CAP VESSEL SANCTIONS. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
the sanctions described in section 317 with respect to any 
foreign vessel that knowingly transports Russian oil in 
contravention of the Russian oil price cap policy. 
(b) EXCEPTION
FOR SAFETY
OF VESSELS
AND 
CREW.—Sanctions under this section shall not apply with 
respect to a person providing provisions to a vessel other-
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wise subject to sanctions under this section if such provi-
sions are intended for the safety and care of the crew 
aboard the vessel, the protection of human life aboard the 
vessel, or the maintenance of the vessel to avoid any envi-
ronmental or other significant damage. 
(c) STRATEGY.—Not later than 60 days after the 
date of enactment of this Act, the Secretary of State and 
the Secretary of the Treasury shall jointly submit to the 
Committee on Foreign Affairs of the House of Representa-
tives and the Committee on Foreign Relations of the Sen-
ate a strategy to enhance international compliance with 
the Russian oil price cap policy. 
(d) MATTERS.—The strategy under subsection (a) 
shall include— 
(1) an overview of general international compli-
ance with the Russian oil price cap policy; 
(2) a list of the countries known to have pur-
chased significant quantities of Russian oil at prices 
above the price agreed to in the Russian oil price 
cap policy set forth by the Group of Seven (‘‘G7’’) 
nations; 
(3) any known methods used by such countries 
to avoid detection of their purchases of Russian oil 
at prices above the price agreed to in the Russian 
oil price cap policy; 
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(4) an assessment of possible incentives the 
United States could provide to countries listed pur-
suant to paragraph (2) to encourage compliance 
with the Russian oil price cap policy; 
(5) an assessment of whether the imposition of 
additional sanctions, including possible secondary 
sanctions, would enhance international compliance 
with the Russian oil price cap policy; 
(6) a description of the views of the government 
of each country participating in the Russian oil price 
cap policy regarding whether the price cap under 
such policy should be lowered or not; and 
(7) a description of the United States diplo-
matic engagement with the government of each 
country participating in the Russian oil price cap 
policy regarding the appropriateness of the current 
cap, including any diplomatic engagement intended 
to encourage support for the lowering of the price 
cap. 
SEC. 309. SWIFT SANCTIONS. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
the sanctions described in section 317 with respect to any 
global communication financial service that does not cease 
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the provision of financial communication messaging serv-
ices to any financial institution listed under section 302 
of this Act. 
(b) ENABLING OR FACILITATION OF ACCESS TO SPE-
CIALIZED FINANCIAL MESSAGING SERVICES THROUGH 
INTERMEDIARY FINANCIAL INSTITUTIONS.—For purposes 
of this section, enabling or facilitating direct or indirect 
access to specialized financial messaging services includes 
doing so by serving as an intermediary financial institu-
tion with access to such messaging services. 
SEC. 310. RUSSIAN SOVEREIGN DEBT SANCTIONS. 
Upon making an affirmative determination under 
section 302 and not later than 30 days following such a 
determination, the President shall prohibit all transactions 
by United States persons involving the sovereign debt of 
the Government of the Russian Federation issued on or 
after the date of the enactment of this Act, including gov-
ernmental bonds. 
SEC. 311. IMPOSITION OF SANCTIONS ON RUSSIA-NORTH 
KOREA COOPERATION. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301 and not later than 15 days 
following such a determination, the President shall impose 
the sanctions described in section 317 with respect to the 
following: 
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(1) Any foreign person that is responsible for or 
facilitates the transfer or sale of arms or material 
support from North Korea to be used in Russia’s il-
legal war in Ukraine. 
(2) Any foreign person that knowingly, directly 
or indirectly, imports, exports, or reexports to, into, 
or from North Korea any goods services or tech-
nology for weapons that may be used by Russian 
forces or their proxies in Russia’s illegal war in 
Ukraine. 
(3) Any foreign financial institution that know-
ingly facilitates a significant transaction or provides 
significant financial services for a foreign person de-
scribed in paragraph (1) or (2). 
(4) Any foreign person that engages in a sig-
nificant transaction related to the transfer or sale of 
arms or material support with a foreign person de-
scribed in paragraph (1) or (2) or foreign financial 
institution described in paragraph (3). 
(5) Any foreign person assisting in the logistical 
supply and movement of North Korean personnel, 
arms or material support to be used in Russia’s ille-
gal war in Ukraine. 
(b) REPORT.—Not later than 90 days after the date 
of the enactment of this Act, and every 180 days there-
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after, the President shall submit to the appropriate con-
gressional committees a report that describes significant 
activities by the Democratic People’s Republic of Korea 
to support the Russian Federation and its proxies in Rus-
sia’s illegal war in Ukraine. 
(c) MATTERS TO BE INCLUDED.—The report re-
quired by this section shall include the following: 
(1) The number of North Korean troops that 
have been sent to fight Ukraine, casualties inflicted 
on these troops, and the impact on the battlefield of 
having North Korean military personnel on the 
frontlines. 
(2) The identity and nationality of foreign per-
sons and foreign financial institutions that are sub-
ject to sanctions under section 317. 
(3) A description of the conduct engaged in by 
such persons and institutions. 
(4) An assessment of the extent to which a for-
eign government has provided material support to 
the Government of North Korea or any person act-
ing for or on behalf of that government to conduct 
significant activities to materially support Russia’s 
illegal war in Ukraine. 
(5) A United States strategy to counter North 
Korea’s efforts to conduct significant activities to 
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support Russia’s war in Ukraine, that includes ef-
forts to engage foreign governments to halt the ca-
pability of the Government of North Korea and per-
sons acting for or on behalf of that government to 
conduct significant activities supporting Russia’s il-
legal war in Ukraine. 
(d) FORM.—The report required by this section shall 
be submitted in unclassified form, but may include a clas-
sified annex. 
SEC. 312. SANCTIONS FOR KIDNAPPING UKRAINIAN CHIL-
DREN. 
Upon making an affirmative determination under 
section 301 and not later than 15 days following such a 
determination, the President shall impose the sanctions 
described in section 317 with respect to all foreign persons 
that have directed or in anyway participated in the kid-
napping and wrongful patriation of Ukrainian children. 
SEC. 313. IMPOSITION OF DUAL-USE EXPORT CONTROLS. 
(a) IN GENERAL.—Upon making an affirmative de-
termination under section 301, a foreign-produced item 
shall be subject to the Export Administration Regulations 
(pursuant to the Export Control Reform Act of 2018 (50 
U.S.C. 4801 et seq.)) if the item— 
(1) meets— 
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(A) the product scope requirements de-
scribed in subsection (b); and 
(B) the destination scope requirements de-
scribed in subsection (c); and 
(2) is exported, reexported, or in-country trans-
ferred to the Russia Federation from abroad or in-
volves the Government of the Russian Federation. 
(b) PRODUCT SCOPE REQUIREMENTS.—A foreign- 
produced item meets the product scope requirements of 
this subsection if the item— 
(1) is a direct product of United States-origin 
technology or software subject to the Export Admin-
istration Regulations that is specified in a covered 
Export Control Classification Number; or 
(2) is produced by any plant or major compo-
nent of a plant that is located outside the United 
States, if the plant or major component of a plant, 
whether made in the United States or a foreign 
country, itself is a direct product of United States- 
origin technology or software subject to the Export 
Administration Regulations that is specified in a 
covered Export Control Classification Number. 
(c) DESTINATION SCOPE REQUIREMENTS.—A for-
eign-produced item meets the destination scope require-
ments of this subsection if there is knowledge that the for-
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eign-produced item is destined to the Russian Federation 
or will be incorporated into or used in the production or 
development of any part, component, or equipment subject 
to the Export Administration Regulations and produced 
in or destined to the Russian Federation. 
(d) LICENSING POLICY.—In carrying out this section, 
the Secretary of Commerce shall apply a presumption that 
an export, reexport, release, or in-country transfer of 
items meets the product scope requirements set forth in 
subsection (b) and the destination scope requirements set 
forth in subsection (c). 
(e) EXCEPTIONS.—The license requirements set forth 
in this section shall not apply to— 
(1) food, medicine, or medical devices that 
are— 
(A) designated as EAR99; or 
(B) not designated under or listed on the 
Commerce Control List; or 
(2) services, software, or hardware (other than 
services, software, or hardware for end-users owned 
or controlled by the Government of Iran) that are— 
(A) necessarily and ordinarily incident to 
communications; or 
(B) designated as— 
(i) EAR99; or 
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(ii) 
Export 
Control 
Classification 
Number 5A992.c or 5D992.c, and classi-
fied in accordance with section 740.17 of 
title 15, Code of Federal Regulations; and 
(C) subject to a general license issued by 
the Department of Commerce or Department of 
Treasury. 
(f) DEPARTMENT OF COMMERCE STRATEGY.— 
(1) STRATEGY REQUIRED.—Not later than 60 
days after the date of the enactment of this Act, the 
Secretary of Commerce (in consultation with the 
Secretary of State, the Secretary of Defense, and 
the Director of National Intelligence) shall develop a 
strategy to prevent the illegal export to Iran by 
United States persons regarding technologies used 
or that may be used in the design, development, pro-
duction, or operational employment of unmanned 
aircraft systems by Iran, including the following 
microelectronics: 
(A) Microcontrollers. 
(B) Voltage regulators. 
(C) Digital signal controllers. 
(D) GPS modules. 
(E) Microprocessors. 
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(2) ELEMENTS.—The strategy under paragraph 
(1) shall include, at a minimum, the following ele-
ments: 
(A) A process for the Secretary of Com-
merce (in coordination with the Secretaries and 
heads specified in paragraph (1)) to proactively 
identify— 
(i) current and emerging technologies 
used or that may be used by Iran in the 
design, development, production, or oper-
ational employment of unmanned aircraft 
systems (including critical components 
thereof); 
(ii) United States manufacturers of 
such technologies; and 
(iii) 
foreign 
manufacturers 
and 
proliferators of such technologies. 
(B) A process for the Secretary of Com-
merce (in coordination with the Secretaries and 
heads specified in paragraph (1)) to proactively 
identify third-party distributors and resellers of 
the technologies specified in subparagraph 
(A)(i) that, through the use of intermediaries 
with no or nominal operations or assets, or 
through other mechanisms, contrive to cir-
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cumvent export controls for such items with re-
spect to Iran. 
(C) A methodology for the Secretary of 
Commerce to proactively engage the United 
States manufacturers identified pursuant to the 
process under subparagraph (A)(ii), to provide 
such manufacturers with timely updates to the 
list of third-party distributors and resellers 
identified pursuant to the process under sub-
paragraph (B). 
(3) SUBMISSION.—Not later than 60 days after 
the date of the enactment of this Act, the Secretary 
of Commerce shall submit to the appropriate con-
gressional committees the strategy under paragraph 
(1). 
(4) FORM.—The report required by subsection 
(a)(1) shall be submitted in unclassified form, but 
portions of the report described in paragraphs (1) 
and (2) may contain a classified annex, so long as 
such annex is provided separately from the unclassi-
fied report. 
(g) DEPARTMENT OF STATE STRATEGY.— 
(1) STRATEGY
REQUIRED.—The Secretary of 
State (in coordination with the Secretary of Com-
merce, the Secretary of Defense, and the Director of 
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National Intelligence) shall develop a strategy to 
prevent the export to Iran of technologies from the 
United States and allied and partner countries 
which are used, or may be used, by Iran in the de-
sign, development, production, or operational em-
ployment of unmanned aircraft systems (including 
the microelectronics listed in subparagraphs (A) 
through (F) of subsection (a)(1)). 
(2) ELEMENTS.—The strategy under paragraph 
(1) shall include, at a minimum, the following ele-
ments: 
(A) A process for the Secretary of State 
(in consultation with the relevant Secretaries 
and heads specified in paragraph (1)) to 
proactively identify foreign manufacturers of 
the technologies referred to in such paragraph. 
(B) A process for the Secretary of State to 
engage with any ally or partner of the United 
States regarding technologies which have been 
incorporated into an unmanned aircraft system 
produced by Iran, for the purpose of synchro-
nizing the export control regime of such ally or 
partner with the United States export controls 
developed by the Secretary of Commerce pursu-
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ant to the strategy under subsection (a) with 
respect to such technology. 
(3) SUBMISSION.—Not later than 90 days after 
the date of the enactment of this Act, the Secretary 
of State shall submit to the appropriate congres-
sional committees the strategy under paragraph (1). 
(4) FORM.—The report required by subsection 
(b)(1) shall be submitted in unclassified form, but 
portions of the report described in paragraphs (1) 
and (2) may contain a classified annex, so long as 
such annex is provided separately from the unclassi-
fied report. 
(h) REQUIREMENT FOR SECRETARY OF DEFENSE TO 
DEVELOP RANGE OF OPTIONS.— 
(1) IN GENERAL.—Not later than 30 days after 
the date of the enactment of this Act, the Secretary 
of Defense (in coordination with the Secretary of 
State and the Director of National Intelligence) shall 
develop a range of options that may be employed by 
the Armed Forces of the United States to counter 
or otherwise deny Iran the ability to acquire tech-
nologies used, or that may be used, in the design, 
development, production, or operational employment 
of unmanned aircraft systems by Iran, including the 
following technologies: 
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(A) Microcontrollers. 
(B) Voltage regulators. 
(C) Digital signal controllers. 
(D) GPS modules. 
(E) Microprocessors. 
(F) Computer Aided Design (CAD) soft-
ware. 
(G) Computer numerical control machines. 
(2) BRIEFING.—Not later than 45 days after 
the date of the enactment of this Act, the Secretary 
of Defense shall provide to the appropriate congres-
sional committees a briefing on the options devel-
oped under paragraph (1). 
SEC. 314. DUTIES ON THE RUSSIAN FEDERATION. 
(a) IN GENERAL.—Not later than 15 days after mak-
ing an affirmative determination under section 301, the 
President shall, notwithstanding any other provision of 
law, increase the rate of duty for all goods and services 
imported into the United States from the Russian Federa-
tion to a rate of not less 500 percent ad valorem. 
(b) REPORT.—Not later than 60 days after making 
an affirmative determination under section 301, the Presi-
dent shall submit to the Committee on Ways and Means 
of the House of Representatives and the Committee on 
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Finance of the Senate, a report indicating the impact of 
these ad valorem tariffs on exports to the United States. 
SEC. 315. ENDING RUSSIAN OIL IMPORT LOOPHOLE. 
(a) IN GENERAL.—The Ending Importation of Rus-
sian Oil Act (Public Law 117–109; 136 Stat. 1154) is 
amended— 
(1) by redesignating section 3 as section 4; and 
(2) by inserting after section 2 the following: 
‘‘SEC. 3. PROHIBITION ON IMPORTATION OF ENERGY PROD-
UCTS PRODUCED AT REFINERIES OUTSIDE 
THE RUSSIAN FEDERATION. 
‘‘All products classified under chapter 27 of the Har-
monized Tariff Schedule that were produced at any refin-
ery that uses crude oil originating in the Russian Federa-
tion shall be banned from importation into the United 
States.’’. 
(b) CONFORMING AMENDMENTS.—Section 4 of the 
Ending Importation of Russian Oil Act (Public Law 117– 
109; 136 Stat. 1154), as redesignated by subsection 
(a)(1), is amended— 
(1) in subsection (a), by inserting ‘‘or 3’’ after 
‘‘section 2’’; and 
(2) in subsection (c)(1), by inserting ‘‘or 3’’ 
after ‘‘section 2’’. 
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