Encouraging companies headquartered in the United States to cease operations and halt future investments in the Russian Federation.

Bill: 117-hres-996
Sponsor: full_name: Rep. Gonzales, Tony [R-TX-23]
Introduced: 2022-03-18
Policy area: International Affairs
Subjects: Conflicts and wars

Corporate finance and management

Europe

Foreign and international corporations

Military operations and strategy

Russia

Ukraine
Latest action: action_date: 2022-03-18
text: Referred to the House Committee on Foreign Affairs.

Summaries:
action_date: 2022-03-18
action_desc: Introduced in House
text: <p>This resolution expresses that the House of Representatives </p> <ul> <li>lauds U.S.- headquartered companies that have ceased operations in Russia in response to Vladimir Putin's aggression, and</li> <li> encourages such companies to cease operations in Russia while Vladimir Putin carries out his war of aggression.</li> </ul>

tv_txt: IV 117th CONGRESS 2d Session H. RES. 996 IN THE HOUSE OF REPRESENTATIVES March 18, 2022 Mr. Tony Gonzales of Texas (for himself, Mr. Ellzey , Mr. Feenstra , and Mr. Calvert ) submitted the following resolution; which was referred to the Committee on Foreign Affairs RESOLUTION Encouraging companies headquartered in the United States to cease operations and halt future investments in the Russian Federation.

Whereas, on February 21, 2022, Russian Federation President Vladimir Putin violated Ukraine’s sovereignty by ordering an unprovoked and illegal war; Whereas this unprovoked attack has caused immense human suffering and displacement amongst the people of Ukraine; Whereas the United Nations High Commissioner for Human Rights reported that 596 civilians, including 43 children, have been killed, and 1,076 have been injured as of March 13, 2022; Whereas, according to the United Nations Refugee Agency, more than 2,500,000 Ukrainians have been displaced from their homes; and Whereas American companies are pulling their operations and investments out of Russia in response to the invasion, including Airbnb, Inc., the American Express Company, Apple, Inc., Baker McKenzie, Dell, Expedia Group, Inc., ExxonMobil Corporation, Electronic Arts, Inc., Ford Motor Company, General Motors Company, Google, LLC, Harley-Davidson, Inc., Hewlett-Packard Development Company, Intel Corporation, Levi Strauss & Co., Mastercard, Inc., Microsoft Corporation, Netflix, Inc., Paramount Pictures Corporation, Paypal Holdings, Inc., Universal Pictures, Visa, Inc., Walt Disney Company, and many more: Now, therefore, be it

That the House of Representatives— (1) lauds United States-headquartered companies that have ceased operations in the Russian Federation in response to Vladimir Putin’s aggression; and (2) encourages United States-headquartered companies to cease operations in the Russian Federation while Vladimir Putin carries out his war of aggression.