Russia: Comprehensive Sanctions and Trade Penalties
The Senate Committee on Banking, Housing, and Urban Affairs received this bill on July 16, 2026. It has not moved since that date and remains under committee review. Most bills do not receive a vote at this stage, so it is unclear if the committee will take further action.
The bill has an enormous list of over 60 bipartisan cosponsors, which is more than enough to overcome a filibuster and suggests very strong support in the Senate.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Businesses that import goods from Russia or from countries that buy Russian oil would face steep new import duties, up to 500 percent on Russian goods and up to 100 percent on goods from the top five nations buying Russian energy. Companies with operations in Russia get a 270-day window to wind down or divest. Importers relying on affected supply chains could see sharply higher costs, while businesses competing with Russian imports may benefit.
“increase the rate of duty for all goods, including oil, natural gas, liquefied natural gas, petroleum, petroleum products, petrochemical products, coal, and coal products, imported into the United States from the Russian Federation to a rate of up to 500 percent ad valorem.”
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Lindsey O. Graham Sanctioning Russia Act of 2026
Analysis generated by AI. Always verify with official sources.