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US SB808
Bill
AI Summary
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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
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Covers minerals produced in Russia, by Russian entities, or obtained through exchanges/swaps designed to evade the prohibition
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Prohibition terminates one year after the President certifies to Congress that Russia has ended all hostilities against Ukraine
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Includes a 3-year probationary period during which the ban automatically resumes if Russia restarts hostilities against Ukraine
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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