Bill 118 HRES 274, also known as the resolution calling on major United States companies to reconsider their presence in Russia, was introduced in response to Russia's full-scale invasion of Ukraine. The resolution urges American companies that are still operating in Russia to reassess their continued presence in the country in light of the ongoing conflict.
The resolution highlights the severity of the situation in Ukraine and emphasizes the importance of standing in solidarity with the Ukrainian people. It calls on US companies to consider the ethical implications of doing business in Russia while the country is engaged in military aggression against its neighbor.
The resolution does not mandate any specific actions or penalties for companies that choose to remain in Russia, but rather serves as a symbolic statement of support for Ukraine and a call to action for American businesses to consider the broader implications of their operations in Russia.
Overall, Bill 118 HRES 274 is a non-partisan effort to encourage US companies to reevaluate their presence in Russia in light of the ongoing conflict in Ukraine. It aims to raise awareness of the ethical considerations at play and to encourage companies to act in accordance with their values and principles.