All Roll Calls
Yes: 518 • No: 194
119-hr-5334119th CongressWALLET
Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
Sponsored By: Representative Panetta, Jimmy [D-CA-19]
Became Law
Summary
Broad, recurring sanctions and trade controls targeting Russia's energy, defense, financial, and shipping sectors. The law also expands the educator expense deduction to include early childhood teachers.
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Bill Overview
Analyzed Economic Effects
8 provisions identified: 1 benefits, 6 costs, 1 mixed.
Tax break for early childhood teachers
The educator expense deduction now covers early childhood teachers. A qualifying early childhood school serves more than two non‑resident children under age six and operates at public expense or receives fees, payments, or grants. You can claim eligible classroom costs in tax years starting after December 31, 2025. This lowers taxable income for many early childhood and K–12 teachers.
Ongoing sanctions on Russian officials and helpers
Within 30 days and then every 180 days, the President reviews and sanctions senior Russian officials and foreign people who help Russia’s military, energy, or sanctions evasion. The government can block property and list ships as blocked. Targets can include owners, executives, insurers, and crews tied to sanction‑breaking shipments.
No new U.S. investment; tight energy bans
Starting 30 days after enactment, U.S. persons cannot make new investments in Russia. After that date, U.S.‑produced energy and energy products cannot be exported to Russia, and Treasury will name service categories U.S. persons cannot provide to people in Russia. The President must sanction foreign persons who knowingly aid Russian oil, gas, coal, or petrochemical production. The law also bans imports of Russian‑origin uranium and, on the schedule set in the USEC law, requires sanctions every 180 days on leaders of Rosatom and its subsidiaries.
Tight limits on Russian banking and payments
Within 30 days, the law imposes sanctions on Russia’s central bank and major state banks, and U.S. persons must stop transacting with them. Starting 30 days after enactment, U.S. banks and brokers cannot process transfers to or from the Russian government or for its officials unless a license allows it. Within 30 days and every 180 days, the government reviews and can sanction global payment‑messaging firms used to evade sanctions, including their leaders, with limited waivers. Civil and criminal penalties under federal sanctions law apply to violations and attempts. Clear definitions set who counts as a U.S., foreign, or Russian person and which accounts are covered.
Steep tariffs on Russian goods and countries
Within 30 days, the U.S. raises duties up to 500% on all Russian imports, including oil, gas, LNG, petrochemicals, and coal. The law also allows duties up to 100% on goods from countries that keep buying Russian crude or gas or help evasion, with reviews every 180 days. Some countries are excluded if Russian gas was under 15% of Russian exports and they cut imports. These tariffs are on top of existing duties and can raise prices while in effect.
Russian securities blocked from U.S. markets
Within 30 days, the SEC stops trading on U.S. national exchanges of securities issued by companies controlled by or affiliated with the Russian government. On enactment, U.S. persons also cannot buy Russian government bonds. These steps limit investor access to Russian government‑linked securities.
Limited exceptions and how sanctions can end
The law keeps exceptions for food, medicine, humanitarian aid, safety for ships and crews, certain nuclear items, and official U.S. or U.N. business. Some firms get 270 days from enactment to wind down or divest in good faith. The President can waive measures for national‑interest reasons after sending certifications to Congress. To end sanctions on Russia, the President must certify a peace deal accepted by Ukraine and a stop to hostilities, and allow a 30‑day (or 60‑day in summer) congressional review. Most sanctions in Division A end five years after enactment unless extended; the Iran authority section is excluded.
Iran sanctions powers extended to 2031
The law extends the Iran Sanctions Act authority from 2026 to 2031. This keeps U.S. sanctions tools in place for five more years.
Sponsors & CoSponsors
Sponsor
Panetta, Jimmy [D-CA-19]
CA • D
Cosponsors
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 9/11/2025
Rep. Goodlander, Maggie [D-NH-2]
NH • D
Sponsored 9/11/2025
Rep. Valadao, David G. [R-CA-22]
CA • R
Sponsored 9/11/2025
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 9/11/2025
Rep. Mullin, Kevin [D-CA-15]
CA • D
Sponsored 9/11/2025
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 9/11/2025
Rep. Carter, Troy A. [D-LA-2]
LA • D
Sponsored 9/11/2025
Rep. Craig, Angie [D-MN-2]
MN • D
Sponsored 9/11/2025
Rep. Pappas, Chris [D-NH-1]
NH • D
Sponsored 9/11/2025
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 9/11/2025
Rep. Lawler, Michael [R-NY-17]
NY • R
Sponsored 9/15/2025
Rep. Sorensen, Eric [D-IL-17]
IL • D
Sponsored 9/17/2025
Rep. Bynum, Janelle S. [D-OR-5]
OR • D
Sponsored 9/30/2025
Rep. Friedman, Laura [D-CA-30]
CA • D
Sponsored 9/30/2025
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 10/14/2025
Rep. Olszewski, Johnny [D-MD-2]
MD • D
Sponsored 10/21/2025
Rep. Tokuda, Jill N. [D-HI-2]
HI • D
Sponsored 11/7/2025
Rep. Bresnahan, Robert P. [R-PA-8]
PA • R
Sponsored 12/19/2025
Rep. Subramanyam, Suhas [D-VA-10]
VA • D
Sponsored 1/7/2026
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 1/20/2026
Rep. Thanedar, Shri [D-MI-13]
MI • D
Sponsored 2/4/2026
Rep. Kean, Thomas H. [R-NJ-7]
NJ • R
Sponsored 2/9/2026
Rep. Tlaib, Rashida [D-MI-12]
MI • D
Sponsored 2/23/2026
Roll Call Votes
house vote • 9/16/2026
On Motion to Concur in the Senate Amendments
Yes: 262 • No: 159
senate vote • 8/7/2026
On Passage of the Bill H.R. 5334
Yes: 86 • No: 11
senate vote • 7/29/2026
On the Motion to Proceed H.R. 5334
Yes: 84 • No: 12
senate vote • 7/28/2026
On Cloture on the Motion to Proceed H.R. 5334
Yes: 86 • No: 12