strumentalities, or affiliates of such institutions, re-
gardless of the currency in which they are denomi-
nated and with a maturity of more than 14 days; 
(2) foreign exchange swap agreements with the 
Central Bank of the Russian Federation, the Rus-
sian National Wealth Fund, or the Russian Federal 
Treasury, regardless of the currency in which they 
are denominated and with a duration of more than 
14 days; and 
(3) any other financial instrument, the maturity 
or duration of which is more than 14 days, that the 
President determines represents the sovereign debt 
of Russia. 
(c) REQUIREMENT TO PUBLISH GUIDANCE.—The 
President shall publish guidance on the implementation of 
the regulations issued pursuant to subsection (a) concur-
rently with the publication of such regulations. 
SEC. 5. IMPOSITION OF SANCTIONS RELATED TO NORD 
STREAM 2. 
(a) IMPOSITION OF SANCTIONS.—Not later than 10 
days after the date of the enactment of this Act, the Presi-
dent shall impose sanctions under subsection (b)(1) with 
respect to— 
(1) any entity responsible for planning, con-
struction, maintenance, technical assistance, engi-
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neering assistance, financing, or operation of the 
Nord Stream 2 pipeline or a successor entity; and 
(2) any other corporate officer of or principal 
shareholder with a controlling interest in an entity 
described in paragraph (1). 
(b) SANCTIONS DESCRIBED.— 
(1) IN GENERAL.—The sanctions described in 
this subsection are the following: 
(A) BLOCKING OF PROPERTY.—The Presi-
dent shall exercise all of the powers granted to 
the President under the International Emer-
gency Economic Powers Act (50 U.S.C. 1701 et 
seq.) to the extent necessary to block and pro-
hibit all transactions in property and interests 
in property of the foreign person if such prop-
erty and interests in property are in the United 
States, come within the United States, or are or 
come within the possession or control of a 
United States person. 
(B) ALIENS INELIGIBLE FOR VISAS, AD-
MISSION, OR PAROLE.— 
(i) VISAS, ADMISSION, OR PAROLE.— 
An alien who the Secretary of State or the 
Secretary of Homeland Security (or a des-
ignee of one of such Secretaries) knows, or 
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has reason to believe, has knowingly en-
gaged in any activity described in sub-
section (a) is— 
(I) inadmissible to the United 
States; 
(II) ineligible to receive a visa or 
other documentation to enter the 
United States; and 
(III) otherwise ineligible to be 
admitted or paroled into the United 
States or to receive any other benefit 
under the Immigration and Nation-
ality Act (8 U.S.C. 1101 et seq.). 
(ii) CURRENT VISAS REVOKED.— 
(I) IN
GENERAL.—The issuing 
consular officer, the Secretary of 
State, or the Secretary of Homeland 
Security (or a designee of one of such 
Secretaries) shall, in accordance with 
section 221(i) of the Immigration and 
Nationality Act (8 U.S.C. 1201(i)), 
revoke any visa or other entry docu-
mentation issued to an alien described 
in clause (i) regardless of when the 
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visa or other entry documentation is 
issued. 
(II) EFFECT OF REVOCATION.— 
A revocation under subclause (I) shall 
take effect immediately and shall 
automatically cancel any other valid 
visa or entry documentation that is in 
the alien’s possession. 
(2) EXCEPTIONS.— 
(A) UNITED
NATIONS
HEADQUARTERS 
AGREEMENT.—The sanctions described under 
paragraph (1)(B) shall not apply with respect 
to an alien if admitting or paroling the alien 
into the United States is necessary to permit 
the United States to comply with the Agree-
ment regarding the Headquarters of the United 
Nations, signed at Lake Success June 26, 
1947, and entered into force November 21, 
1947, between the United Nations and the 
United States, or other applicable international 
obligations. 
(B) EXCEPTION FOR INTELLIGENCE, LAW 
ENFORCEMENT, AND NATIONAL SECURITY AC-
TIVITIES.—Sanctions under paragraph (1) shall 
not apply to any authorized intelligence, law en-
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forcement, or national security activities of the 
United States. 
(C) EXCEPTION
RELATING
TO
IMPORTA-
TION OF GOODS.— 
(i) IN
GENERAL.—Notwithstanding 
any other provision of this section, the au-
thorities and requirements to impose sanc-
tions under this section shall not include 
the authority or a requirement to impose 
sanctions on the importation of goods. 
(ii) GOOD DEFINED.—In this subpara-
graph, the term ‘‘good’’ means any article, 
natural or man-made substance, material, 
supply or manufactured product, including 
inspection and test equipment, and exclud-
ing technical data. 
(c) PENALTIES.—The penalties provided for in sub-
sections (b) and (c) of section 206 of the International 
Emergency Economic Powers Act (50 U.S.C. 1705) shall 
apply to a person that violates, attempts to violate, con-
spires to violate, or causes a violation of regulations pro-
mulgated to carry out this section or the sanctions im-
posed pursuant to this section to the same extent that 
such penalties apply to a person that commits an unlawful 
act described in section 206(a) of that Act. 
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(d) IMPLEMENTATION AUTHORITY.—The President 
may exercise all authorities provided to the President 
under sections 203 and 205 of the International Emer-
gency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section. 
(e) REGULATORY AUTHORITY.—The President shall, 
not later than 10 days after the date of the enactment 
of this Act, promulgate regulations as necessary for the 
implementation of this section. 
(f) REPEAL
OF
NATIONAL
INTEREST
WAIVER 
UNDER PROTECTING EUROPE’S ENERGY SECURITY ACT 
OF 2019.—Section 7503 of the Protecting Europe’s En-
ergy Security Act of 2019 (title LXXV of Public Law 
116–92; 22 U.S.C. 9526 note) is amended— 
(1) in subsection (a)(1)(C), by striking ‘‘sub-
section (i)’’ and inserting ‘‘subsection (h)’’; 
(2) by striking subsection (f); 
(3) by redesignating subsections (g) through (k) 
as subsections (f) through (j), respectively; and 
(4) in subsection (i), as redesignated by para-
graph (3), by striking ‘‘subsection (h)’’ and inserting 
‘‘subsection (g)’’. 
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SEC. 6. REPORT ON PERSONAL WEALTH OF VLADIMIR 
PUTIN AND HIS FAMILY MEMBERS. 
(a) IN GENERAL.—Not later than 120 days after the 
date of the enactment of this Act, the President shall sub-
mit to the appropriate congressional committees a report 
on the estimated net worth and known sources of income 
of Vladimir Putin and his family members, as well as of 
Alina Kabaeva, including assets, investments, other busi-
ness interests, and relevant beneficial ownership informa-
tion. 
(b) FORM.— 
(1) IN GENERAL.—The report required by sub-
section (a) shall be submitted in unclassified form, 
and may not include a classified annex. 
(2) PUBLIC AVAILABILITY OF INFORMATION.— 
The report required by subsection (a) shall be made 
available on a publicly available internet website of 
the Federal Government. 
SEC. 7. DETERMINATION RELATING TO IMPOSITION OF 
SANCTIONS AGAINST CERTAIN RUSSIAN PER-
SONS AND FORMER RUSSIAN OFFICIALS. 
(a) DETERMINATION WITH RESPECT TO IMPOSITION 
OF SANCTIONS.—Not later than 30 days after the date 
of the enactment of this Act, the President shall submit 
to the appropriate congressional committees a determina-
tion, including a detailed justification, of whether any per-
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son listed in subsection (b) meets the criteria for the impo-
sition of sanctions pursuant to section 1263(b) of the 
Global Magnitsky Human Rights Accountability Act (sub-
title F of title XII of Public Law 114–328; 22 U.S.C. 
2656). 
(b) PERSONS LISTED.—The persons listed in this 
subsection, which include Russian persons and current 
and former Russian officials, are the following: 
(1) Roman Abramovich, businessman. 
(2) Denis Bortnikov, Deputy President and 
Chairman of the Management Board of VTB Bank. 
(3) Andrey Kostin, President and Chairman of 
the Management Board of VTB Bank. 
(4) Dmitry Patrushev, Minister of Agriculture. 
(5) Igor Shuvalov, Chairman of the State De-
velopment Corporation VEB. 
(6) Alisher Usmanov, businessman. 
(7) Oleg Deripaska, businessman. 
(8) Alexei Miller, Chairman of the Management 
Committee of Gazprom. 
(9) Igor Sechin, Chairman of the Management 
Board of Rosneft. 
(10) Gennady Timchenko, businessman. 
(11) Nikolai Tokarev, Chairman of Transneft. 
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(12) Andrey Vorobyev, Governor of the Moscow 
Region XIII. 
(13) Mikhail Murashko, Minister of Health. 
(14) Vladimir Solovyev, media personality. 
(15) Alexander Bastrykin, Head of the Inves-
tigative Committee. 
(16) Alexander Bortnikov, Director of the Fed-
eral Security Service (FSB). 
(17) Konstantin Ernst, Chief Executive Officer 
25 of Channel One TV station. 
(18) Victor Gavrilov, Head of the Department 
of Transport of the Economic Security Service. 
(19) Dmitry Ivanov, Head of Chelyabinsk FSB. 
(20) Alexander Kalashnikov, Director of the 
Federal Penitentiary Service (FSIN). 
(21) Sergei Kirienko, First Deputy Head of the 
Presidential Administration. 
(22) Elena Morozova, Judge of Khimki District 
Court. 
(23) Denis Popov, Chief Prosecutor of Moscow. 
(24) Margarita Simonyan, Editor-in-Chief of 
RT. 
(25) Igor Yanchuk, Head of the Khimki Police 
Department. 
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(26) Victor Zolotov, Director of the National 
Guard. 
(27) Alexander Beglov, Governor of St. Peters-
burg. 
(28) Yuri Chaika, former Prosecutor General. 
(29) Andrei Kartapolov, Deputy Defense Min-
ister. 
(30) Pavel Krasheninnikov, Parliamentarian 
and former Justice Minister. 
(31) Mikhail Mishustin, Prime Minister of Rus-
sia. 
(32) Ella Pamfilova, Head of Central Electoral 
2 Commission. 
(33) Dmitry Peskov, Presidential Press Sec-
retary. 
(34) Sergei Sobyanin, Mayor of Moscow. 
(35) Anton Vaino, Head of the Presidential Ad-
ministration. 
SEC. 8. IMPOSITION OF SANCTIONS ON KLEPTOCRATS AND 
SENIOR POLITICAL FIGURES OF THE RUS-
SIAN FEDERATION. 
(a) IN GENERAL.—Not later than 30 days after the 
date of the enactment of this Act, the President shall im-
pose sanctions under subsection (b) with respect to— 
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(1) any person in the Russian Federation in-
volved in kleptocracy and participating or aiding or 
assisting in the Government of the Russian Federa-
tion’s subversive activity against the United States 
democratic institutions and interests, or any person 
within the Government of the Russian Federation 
involved in furthering the Russian Federation’s sub-
versive activity against the United States democratic 
institutions and interests; 
(2) any person, or network of persons, involved 
in assisting the Government of the Russian Federa-
tion’s campaign of disinformation against the United 
States; and 
(3) any person who is an adult family member, 
including a spouse or adult child, of a person who 
has engaged in an activity described in paragraph 
(1) or (2). 
(b) SANCTIONS DESCRIBED.— 
(1) IN GENERAL.—The sanctions described in 
this subsection are the following: 
(A) BLOCKING OF PROPERTY.—The Presi-
dent shall exercise all of the powers granted to 
the President under the International Emer-
gency Economic Powers Act (50 U.S.C. 1701 et 
seq.) to the extent necessary to block and pro-
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hibit all transactions in property and interests 
in property of the foreign person if such prop-
erty and interests in property are in the United 
States, come within the United States, or are or 
come within the possession or control of a 
United States person. 
(B) ALIENS INELIGIBLE FOR VISAS, AD-
MISSION, OR PAROLE.— 
(i) VISAS, ADMISSION, OR PAROLE.— 
An alien who the Secretary of State or the 
Secretary of Homeland Security (or a des-
ignee of one of such Secretaries) knows, or 
has reason to believe, has knowingly en-
gaged in any activity described in sub-
section (a) is— 
(I) inadmissible to the United 
States; 
(II) ineligible to receive a visa or 
other documentation to enter the 
United States; and 
(III) otherwise ineligible to be 
admitted or paroled into the United 
States or to receive any other benefit 
under the Immigration and Nation-
ality Act (8 U.S.C. 1101 et seq.). 
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(ii) CURRENT VISAS REVOKED.— 
(I) IN
GENERAL.—The issuing 
consular officer, the Secretary of 
State, or the Secretary of Homeland 
Security (or a designee of one of such 
Secretaries) shall, in accordance with 
section 221(i) of the Immigration and 
Nationality Act (8 U.S.C. 1201(i)), 
revoke any visa or other entry docu-
mentation issued to an alien described 
in clause (i) regardless of when the 
visa or other entry documentation is 
issued. 
(II) EFFECT OF REVOCATION.— 
A revocation under subclause (I) shall 
take effect immediately and shall 
automatically cancel any other valid 
visa or entry documentation that is in 
the alien’s possession. 
(2) EXCEPTIONS.— 
(A) UNITED
NATIONS
HEADQUARTERS 
AGREEMENT.—The sanctions described under 
paragraph (1)(B) shall not apply with respect 
to an alien if admitting or paroling the alien 
into the United States is necessary to permit 
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the United States to comply with the Agree-
ment regarding the Headquarters of the United 
Nations, signed at Lake Success June 26, 
1947, and entered into force November 21, 
1947, between the United Nations and the 
United States, or other applicable international 
obligations. 
(B) EXCEPTION FOR INTELLIGENCE, LAW 
ENFORCEMENT, AND NATIONAL SECURITY AC-
TIVITIES.—Sanctions under paragraph (1) shall 
not apply to any authorized intelligence, law en-
forcement, or national security activities of the 
United States. 
(C) EXCEPTION
RELATING
TO
IMPORTA-
TION OF GOODS.— 
(i) IN
GENERAL.—Notwithstanding 
any other provision of this section, the au-
thorities and requirements to impose sanc-
tions under this section shall not include 
the authority or a requirement to impose 
sanctions on the importation of goods. 
(ii) GOOD DEFINED.—In this subpara-
graph, the term ‘‘good’’ means any article, 
natural or man-made substance, material, 
supply or manufactured product, including 
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inspection and test equipment, and exclud-
ing technical data. 
(c) PENALTIES.—The penalties provided for in sub-
sections (b) and (c) of section 206 of the International 
Emergency Economic Powers Act (50 U.S.C. 1705) shall 
apply to a person that violates, attempts to violate, con-
spires to violate, or causes a violation of regulations pro-
mulgated to carry out this section or the sanctions im-
posed pursuant to this section to the same extent that 
such penalties apply to a person that commits an unlawful 
act described in section 206(a) of that Act. 
(d) IMPLEMENTATION AUTHORITY.—The President 
may exercise all authorities provided to the President 
under sections 203 and 205 of the International Emer-
gency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section. 
(e) REGULATORY AUTHORITY.—The President shall, 
not later than 30 days after the date of the enactment 
of this Act, promulgate regulations as necessary for the 
implementation of this section. 
(f) DETERMINATION REQUIRED.— 
(1) IN GENERAL.—Not later than 60 days after 
the date of the enactment of this Act, the President 
shall issue a determination, including a detailed jus-
tification, as to whether any of the persons described 
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in paragraph (2) meet the criteria for the imposition 
of sanctions pursuant to— 
(A) this section; 
(B) 
section 
1263(b) 
of 
the 
Global 
Magnitsky Human Rights Accountability Act 
(subtitle F of title XII of Public Law 114–328; 
22 U.S.C. 2656); 
(C) Executive Order No. 13660 (79 Fed. 
Reg. 13493; relating to blocking property of 
certain persons contributing to the situation in 
Ukraine); or 
(D) Executive Order No. 13661 (79 Fed. 
Reg. 15535; relating to blocking property of ad-
ditional persons contributing to the situation in 
Ukraine), Executive Order No. 13662 (79 Fed. 
Reg. 16169; relating to blocking property of ad-
ditional persons contributing to the situation in 
Ukraine). 
(2) PERSONS
DESCRIBED.—The persons de-
scribed in this paragraph are the following: 
(A) Vladimir Putin, the President of the 
Russian Federation. 
(B) Each member of the cabinet of the 
Russian Federation. 
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(C) Mikhail Fridman and Petr Aven, prin-
cipals of Alfa Group. 
(D) Iskander Makhmudov and Andrey 
Bokarev, principals of Transmashholding and 
other companies. 
(E) Dmitry Rybolovlev, former principal of 
Uralkali and currently an owner of the Monaco 
football club and multiple other assets in the 
West. 
(F) Mikhail Gutseriev, who runs oil and 
potash businesses for the benefit of President of 
Belarus Alexander Lukashenka. 
(G) Ruben Vardanyan, former principal of 
Troika Dialog and sponsor of Skolkovo school. 
(H) Alexander Vinokurov, son-in-law of 
Foreign Minister of the Russian Federation 
Sergey Lavrov, and principal of Marathon 
Group. 
SEC. 9. IMPOSITION OF SANCTIONS ON STATE DEVELOP-
MENT CORPORATIONS IN THE RUSSIAN FED-
ERATION. 
(a) IN GENERAL.—Not later than 30 days after the 
date of the enactment of this Act, the President shall im-
pose sanctions under subsection (b) with respect to— 
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(1) any entity that is a state development cor-
poration in the Russian Federation; and 
(2) any official of an entity described in para-
graph (1). 
(b) SANCTIONS DESCRIBED.— 
(1) IN GENERAL.—The sanctions described in 
this subsection are the following: 
(A) BLOCKING OF PROPERTY.—The Presi-
dent shall exercise all of the powers granted to 
the President under the International Emer-
gency Economic Powers Act (50 U.S.C. 1701 et 
seq.) to the extent necessary to block and pro-
hibit all transactions in property and interests 
in property of the entity if such property and 
interests in property are in the United States, 
come within the United States, or are or come 
within the possession or control of a United 
States person. 
(B) ALIENS INELIGIBLE FOR VISAS, AD-
MISSION, OR PAROLE.— 
(i) VISAS, ADMISSION, OR PAROLE.— 
An alien who the Secretary of State or the 
Secretary of Homeland Security (or a des-
ignee of one of such Secretaries) knows, or 
has reason to believe, has knowingly en-
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gaged in any activity described in sub-
section (a) is— 
(I) inadmissible to the United 
States; 
(II) ineligible to receive a visa or 
other documentation to enter the 
United States; and 
(III) otherwise ineligible to be 
admitted or paroled into the United 
States or to receive any other benefit 
under the Immigration and Nation-
ality Act (8 U.S.C. 1101 et seq.). 
(ii) CURRENT VISAS REVOKED.— 
(I) IN
GENERAL.—The issuing 
consular officer, the Secretary of 
State, or the Secretary of Homeland 
Security (or a designee of one of such 
Secretaries) shall, in accordance with 
section 221(i) of the Immigration and 
Nationality Act (8 U.S.C. 1201(i)), 
revoke any visa or other entry docu-
mentation issued to an alien described 
in clause (i) regardless of when the 
visa or other entry documentation is 
issued. 
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(II) EFFECT OF REVOCATION.— 
A revocation under subclause (I) shall 
take effect immediately and shall 
automatically cancel any other valid 
visa or entry documentation that is in 
the alien’s possession. 
(2) EXCEPTIONS.— 
(A) UN HEADQUARTERS
AGREEMENT.— 
The sanctions described under paragraph 
(1)(B) shall not apply with respect to an alien 
if admitting or paroling the alien into the 
United States is necessary to permit the United 
States to comply with the Agreement regarding 
the Headquarters of the United Nations, signed 
at Lake Success June 26, 1947, and entered 
into force November 21, 1947, between the 
United Nations and the United States, or other 
applicable international obligations. 
(B) EXCEPTION FOR INTELLIGENCE, LAW 
ENFORCEMENT, AND NATIONAL SECURITY AC-
TIVITIES.—Sanctions under paragraph (1) shall 
not apply to any authorized intelligence, law en-
forcement, or national security activities of the 
United States. 
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(C) EXCEPTION
RELATING
TO
IMPORTA-
TION OF GOODS.— 
(i) IN
GENERAL.—Notwithstanding 
any other provision of this section, the au-
thorities and requirements to impose sanc-
tions under this section shall not include 
the authority or a requirement to impose 
sanctions on the importation of goods. 
(ii) GOOD DEFINED.—In this subpara-
graph, the term ‘‘good’’ means any article, 
natural or man-made substance, material, 
supply or manufactured product, including 
inspection and test equipment, and exclud-
ing technical data. 
(c) PENALTIES.—The penalties provided for in sub-
sections (b) and (c) of section 206 of the International 
Emergency Economic Powers Act (50 U.S.C. 1705) shall 
apply to a person that violates, attempts to violate, con-
spires to violate, or causes a violation of regulations pro-
mulgated to carry out this section or the sanctions im-
posed pursuant to this section to the same extent that 
such penalties apply to a person that commits an unlawful 
act described in section 206(a) of that Act. 
(d) IMPLEMENTATION AUTHORITY.—The President 
may exercise all authorities provided to the President 
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under sections 203 and 205 of the International Emer-
gency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section. 
(e) REGULATORY AUTHORITY.—The President shall, 
not later than 30 days after the date of the enactment 
of this Act, promulgate regulations as necessary for the 
implementation of this section. 
(f) DETERMINATION REQUIRED.—Not later than 60 
days after the date of the enactment of this Act, the Presi-
dent shall issue a determination, including a detailed jus-
tification, as to whether Vnesheconombank (VEB), a state 
development corporation in the Russian Federation, or 
any official of VEB meets the criteria for the imposition 
of sanctions pursuant to this section. 
SEC. 10. FUNDING LIMITATION ON CYBER DIALOGUE WITH 
THE RUSSIAN FEDERATION. 
Notwithstanding any other provision of law, no funds 
may be obligated or expended on a cyber dialogue with 
the Russian Federation until the President certifies to the 
appropriate congressional committees that cyber attacks 
from Russian entities and individuals against the United 
States have ceased. 
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SEC. 11. FUNDING LIMITATION ON ARMS CONTROL NEGO-
TIATIONS OR THE STRATEGIC STABILITY DIA-
LOGUE WITH THE RUSSIAN FEDERATION. 
Notwithstanding any other provision of law, no funds 
may be obligated or expended on arms control negotiations 
or on Strategic Stability dialogue with the Russian Fed-
eration until the President certifies to the appropriate con-
gressional committees that the Russian Federation has 
completely, fully, and verifiably withdrawn all forces, in-
cluding proxy forces, from Ukraine and has reversed its 
illegal annexation of Crimea. 
SEC. 12. APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED. 
In this Act, the term ‘‘appropriate congressional com-
mittees’’ means— 
(1) the Committee on Foreign Affairs, the 
Committee on Armed Services, and the Committee 
on Financial Services of the House of Representa-
tives; and 
(2) the Committee on Foreign Relations, the 
Committee on Armed Services, and the Committee 
on Banking, Housing, and Urban Affairs of the Sen-
ate. 
Æ 
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