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119-hr-8222119th CongressWALLET
End Russian Oil Windfalls Act
Sponsored By: Representative Meeks, Gregory W. [D-NY-5]
Introduced
Summary
Blocks U.S. permissions for specific Russia-related oil sales and forces rapid sanctions against Russian energy actors. The bill would nullify Treasury’s General Licenses 133 and 134A and would prohibit the Secretary of the Treasury from authorizing transactions ordinarily incident and necessary to the sale, delivery, or offloading of crude oil or petroleum products of Russian Federation origin.
Show full summary
- U.S. businesses and shipping operators: would no longer be able to rely on the specified Treasury authorizations for certain March 2026-loaded shipments and would be barred from transactions needed to sell, deliver, or offload that Russian crude or petroleum.
- Russian energy firms and individuals: the President would have 30 days to impose sanctions that block assets under the International Emergency Economic Powers Act (IEEPA) and to deny or revoke visas and admission to the United States.
- Oversight and human-rights reporting: the Secretary of State would report within 30 days and then every 60 days for 3 years on Russian export volumes, sale prices, revenues including premiums tied to the Strait of Hormuz, and production levels. The Secretary would also report every 180 days for 2 years on any involvement by state-owned or state-affiliated energy companies in abduction, forcible deportation, or indoctrination of Ukrainian civilians, including children.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New limits and sanctions on Russian oil
If enacted, the bill would cancel two Treasury/OFAC general licenses that allowed certain Russian crude oil deliveries loaded on vessels as of March 5, 2026 and March 12, 2026. It would bar the Secretary of the Treasury from authorizing transactions ordinarily incident and necessary to the sale, delivery, or offloading of Russian-origin crude oil and petroleum products starting on enactment. The bill would require the President to impose sanctions within 30 days on any Russian person doing oil and gas extraction, oil and gas refinement or production, or maritime transportation; those sanctions would include asset-blocking under IEEPA. The bill would also make noncitizens who engage in those activities inadmissible and require immediate revocation of their U.S. visas. Humanitarian exceptions, international obligations, and authorized U.S. intelligence, law-enforcement, or national-security activities would be excluded from sanctions.
Sponsors & CoSponsors
Sponsor
Meeks, Gregory W. [D-NY-5]
NY • D
Cosponsors
Rep. Amo, Gabe [D-RI-1]
RI • D
Sponsored 10/13/2026
Rep. Wasserman Schultz, Debbie [D-FL-25]
FL • D
Sponsored 10/13/2026
Rep. McBride, Sarah [D-DE-At Large]
DE • D
Sponsored 10/13/2026
Rep. Keating, William R. [D-MA-9]
MA • D
Sponsored 4/9/2026
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 4/20/2026
Rep. Kaptur, Marcy [D-OH-9]
OH • D
Sponsored 4/20/2026
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 4/20/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov