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Decreasing Russian Oil Profits Act of 2025

Bill Number
S. 3513
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Foreign Trade and International Finance
Status
Introduced
Latest Action
2025-12-16: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2026-03-03T12:03:27Z

AI-Generated Summary

Purpose

The Decreasing Russian Oil Profits Act of 2025 aims to reduce Russia's revenue from crude oil and petroleum product exports by imposing sanctions on foreign individuals or entities involved in their purchase, import, or related activities. This is intended to pressure Russia economically, particularly in response to its aggression against Ukraine, while allowing limited exceptions for humanitarian needs, support for Ukraine, or temporary transitions.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. McCormick, David [R-PA]

Cosponsors (5)

Sen. Warren, Elizabeth [D-MA], Sen. Husted, Jon [R-OH], Sen. Coons, Christopher A. [D-DE], Sen. Curtis, John R. [R-UT], Sen. Bennet, Michael F. [D-CO]

Recent Actions

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