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US SB808

Bill

Status

Introduced

2/27/2025

Primary Sponsor

Steve Daines

Click for details

Origin

Senate

119th Congress

AI Summary

  • Prohibits importation of certain Russian minerals beginning 90 days after enactment, including platinum group metals (palladium, braggite, rhodium, ruthenium), nickel, and copper ores/concentrates including zinc

  • Covers minerals produced in Russia, by Russian entities, or obtained through exchanges/swaps designed to evade the prohibition

  • Prohibition terminates one year after the President certifies to Congress that Russia has ended all hostilities against Ukraine

  • Includes a 3-year probationary period during which the ban automatically resumes if Russia restarts hostilities against Ukraine

  • President may not waive the import prohibition under any circumstances

Legislative Description

Stop Russian Market Manipulation Act

Foreign trade and international finance

Last Action

Read twice and referred to the Committee on Finance.

2/27/2025

Committee Referrals

Finance2/27/2025

Full Bill Text

No bill text available