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Stop Russian GOLD Act of 2022

3/13/2024, 3:50 AM

Congressional Summary of S 5232

Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022 or the Stop Russian GOLD Act of 2022

This bill directs the President to impose property-blocking sanctions on foreign individuals or entities that knowingly participate in a significant transaction for the sale, supply, or transfer of gold to or from Russia or the Russian government. The President may also impose visa-blocking sanctions on the foreign individuals subject to these property-blocking sanctions.

Current Status of Bill S 5232

Bill S 5232 is currently in the status of Bill Introduced since December 12, 2022. Bill S 5232 was introduced during Congress 117 and was introduced to the Senate on December 12, 2022.  Bill S 5232's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S7102-7103) as of December 12, 2022

Bipartisan Support of Bill S 5232

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 5232

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill S 5232

Stop Russian GOLD Act of 2022
Stop Russian GOLD Act of 2022
Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022
A bill to require the imposition of sanctions with respect to the sale, supply, or transfer of gold to or from the Russian Federation.

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