Stop Russian Market Manipulation Act

Bill: 118-hr-9717
Sponsor: full_name: Rep. Zinke, Ryan K. [R-MT-1]
Introduced: 2024-09-20
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2024-12-17
text: Referred to the Subcommittee on Trade.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 9717 IN THE HOUSE OF REPRESENTATIVES September 20, 2024 Mr. Zinke (for himself, Mr. Smith of New Jersey , and Mr. Guthrie ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To prohibit the importation of certain minerals from the Russian Federation.

1. Short title This Act may be cited as the Stop Russian Market Manipulation Act . 2. Prohibition on importation of certain minerals from the Russian Federation (a) In general Beginning on the date that is 90 days after the date of the enactment of this Act, no mineral specified in subsection (b) that is produced in the Russian Federation or by a Russian entity may be imported into the United States. (b) Minerals specified The minerals specified in this subsection are the following: (1) Braggite. (2) Copper. (3) Nickel. (4) Palladium. (5) Platinum. (6) Rhodium. (7) Ruthenium. (8) Zinc. (c) Termination (1) In general The prohibition under subsection (a) shall, subject to paragraph (2), terminate on the date that is one year after the President certifies to Congress that the Government of the Russian Federation has ended all hostilities against Ukraine. (2) Probationary period If, at any time during the 3-year period after the President submits a certification described in paragraph (1), the President certifies to Congress that the Government of the Russian Federation has resumed hostilities against Ukraine, the prohibition under subsection (a) shall— (A) resume effect; (B) remain in effect until the President submits to Congress another certification described in paragraph (1); and (C) after the President submits such a certification, be subject to resumption as described in this paragraph. (d) No waiver Notwithstanding any other provision of law, the President may not waive the prohibition under subsection (a). (e) Russian entity defined In this section, the term Russian entity means an entity that is organized under the laws of, or otherwise subject to the jurisdiction of, the Russian Federation.