Stop Russian Market Manipulation Act
H.R. 9717118th Congress

Stop Russian Market Manipulation Act

Introduced in the HouseRep. Ryan Zinke (R-MT-1)18 sections · 1 min read
Version: Introduced in House · Sep 20, 2024

Section 1. Short title

This Act may be cited as the Stop Russian Market Manipulation Act.

(a) In general

Beginning on the date that is 90 days after the date of the enactment of this Act, no mineral specified in subsection (b) that is produced in the Russian Federation or by a Russian entity may be imported into the United States.

(b) Minerals specified

The minerals specified in this subsection are the following:

(1) Braggite.

(2) Copper.

(3) Nickel.

(4) Palladium.

(5) Platinum.

(6) Rhodium.

(7) Ruthenium.

(8) Zinc.

(1) In general

The prohibition under subsection (a) shall, subject to paragraph (2), terminate on the date that is one year after the President certifies to Congress that the Government of the Russian Federation has ended all hostilities against Ukraine.

(2) Probationary period

If, at any time during the 3-year period after the President submits a certification described in paragraph (1), the President certifies to Congress that the Government of the Russian Federation has resumed hostilities against Ukraine, the prohibition under subsection (a) shall—

(A) resume effect;

(B) remain in effect until the President submits to Congress another certification described in paragraph (1); and

(C) after the President submits such a certification, be subject to resumption as described in this paragraph.

(d) No waiver

Notwithstanding any other provision of law, the President may not waive the prohibition under subsection (a).

(e) Russian entity defined

In this section, the term Russian entity means an entity that is organized under the laws of, or otherwise subject to the jurisdiction of, the Russian Federation.

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