Lindsey O. Graham Sanctioning Russia Act of 2026

Bill Number: S. 5025
Origin Chamber: Senate
Congress: 119th Congress, Session 2
Policy Area: International Affairs
Status: Introduced
Latest Action: 2026-07-16: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated: 2026-07-29T18:43:50Z

AI-Generated Summary

Lindsey O. Graham Sanctioning Russia Act of 2026 (S. 5025)

Purpose The legislation imposes comprehensive sanctions, prohibitions, and tariffs on the Russian Federation to restrict its financial, energy, defense, and trade activities. It aims to limit support for Russian government actions related to Ukraine and to deter sanctions evasion.

Key Provisions

Title I – Sanctions establishes broad measures including:
Blocking of property and visa restrictions for Russian officials, defense suppliers, oligarchs, and entities undermining Ukraine (Sec. 102).
Sanctions on the Central Bank of Russia, major banks like Sberbank and VTB, and foreign banks engaging with them (Sec. 103).
Sanctions on other Russian government-controlled entities (Sec. 104).
Prohibitions on fund transfers involving the Russian government (Sec. 105), trading Russian securities on U.S. exchanges (Sec. 106), new U.S. investments in Russia (Sec. 107), energy sector investments and exports (Sec. 108), and purchases of Russian sovereign debt (Sec. 109).
Restrictions on financial messaging services to sanctioned banks (Sec. 110).
Bans on uranium imports from Russia and sanctions on Rosatom (Sec. 111).
Increases in U.S. import duties on Russian goods up to 500% ad valorem (Sec. 112).
Additional duties up to 100% on goods from countries that are major purchasers of Russian oil or gas or that facilitate sanctions evasion (Sec. 113).
Detailed exceptions for humanitarian aid, intelligence activities, and certain nuclear cooperation (Sec. 114).
Presidential waiver authority subject to congressional reporting (Sec. 115).
Implementation under the International Emergency Economic Powers Act with civil and criminal penalties (Sec. 116).
Termination provisions requiring a peace agreement with Ukraine and congressional review via joint resolution of disapproval (Sec. 117).

Title II includes a severability clause (Sec. 201).

Significant Changes to Existing Law The Act codifies and expands sanctions previously issued under executive orders by mandating specific, recurring presidential actions and adding new statutory prohibitions on investments, securities trading, and third-country duties. It introduces congressional oversight mechanisms for waivers and terminations that go beyond standard IEEPA procedures, and it creates novel tariff authorities targeting both Russia and third countries.

Potential Impacts

Government agencies: Requires ongoing reviews and actions by the President, Departments of Treasury and State, Securities and Exchange Commission, and United States Trade Representative.
U.S. citizens and businesses: Restricts new investments, transactions, and imports involving Russia, with potential effects on energy markets and supply chains.
International relations: Increases pressure on Russia and countries that continue significant trade in Russian oil, gas, or other goods, potentially affecting diplomatic and economic ties with major importers.

Main Stakeholders Affected

U.S. executive branch agencies responsible for sanctions enforcement.
U.S. persons and financial institutions subject to investment and transaction bans.
Russian government officials, state-owned banks, energy companies, and defense entities.
Foreign financial institutions and countries identified as purchasers of Russian energy or facilitators of evasion.
Ukraine as the referenced beneficiary of the sanctions regime.

Notable Legal, Constitutional, or Political Implications The legislation relies on existing presidential authority under the International Emergency Economic Powers Act while adding statutory mandates and congressional review processes for termination. It raises potential issues regarding separation of powers in the waiver and termination sections and could affect U.S. trade obligations under international agreements. The bill maintains existing sanctions from prior executive orders and includes explicit severability language.

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

Sponsor

Sen. Graham, Darline [R-SC]

Cosponsors (62)

Sen. Blumenthal, Richard [D-CT], Sen. Wicker, Roger F. [R-MS], Sen. Shaheen, Jeanne [D-NH], Sen. Grassley, Chuck [R-IA], Sen. Whitehouse, Sheldon [D-RI], Sen. Risch, James E. [R-ID], Sen. Coons, Christopher A. [D-DE], Sen. Cotton, Tom [R-AR], Sen. Durbin, Richard J. [D-IL], Sen. Britt, Katie Boyd [R-AL], Sen. King, Angus S., Jr. [I-ME], Sen. Ernst, Joni [R-IA], Sen. Bennet, Michael F. [D-CO], Sen. Sheehy, Tim [R-MT], Sen. Kelly, Mark [D-AZ], Sen. Ricketts, Pete [R-NE], Sen. Kaine, Tim [D-VA], Sen. Sullivan, Dan [R-AK], Sen. Rosen, Jacky [D-NV], Sen. Lankford, James [R-OK], Sen. Fetterman, John [D-PA], Sen. Curtis, John R. [R-UT], Sen. Duckworth, Tammy [D-IL], Sen. Hyde-Smith, Cindy [R-MS], Sen. Peters, Gary C. [D-MI], Sen. Blackburn, Marsha [R-TN], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Boozman, John [R-AR], Sen. Van Hollen, Chris [D-MD], Sen. Tillis, Thomas [R-NC], Sen. Schiff, Adam B. [D-CA], Sen. Scott, Tim [R-SC], Sen. Reed, Jack [D-RI], Sen. Husted, Jon [R-OH], Sen. Hickenlooper, John W. [D-CO], Sen. Armstrong, Alan [R-OK], Sen. Alsobrooks, Angela D. [D-MD], Sen. Hoeven, John [R-ND], Sen. Heinrich, Martin [D-NM], Sen. Barrasso, John [R-WY], Sen. Schatz, Brian [D-HI], Sen. McCormick, David [R-PA], Sen. Klobuchar, Amy [D-MN], Sen. Fischer, Deb [R-NE], Sen. Cornyn, John [R-TX], Sen. Justice, James C. [R-WV], Sen. Rounds, Mike [R-SD], Sen. Cruz, Ted [R-TX], Sen. Kennedy, John [R-LA], Sen. Capito, Shelley Moore [R-WV] and 12 more

Recent Actions

2026-07-16: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2026-07-16: Introduced in Senate

Bill Versions

Lindsey O. Graham Sanctioning Russia Act of 2026 — issued 2026-07-16 — PDF (61 pages)