HR8106119th CongressWALLET

RESCUE Act

Sponsored By: Representative Kean

Introduced

Summary

This bill would force a U.S. break from Rosatom by creating a mandatory sanctions regime against Rosatom and related foreign actors. It would also require a multi-year strategy and reporting to help allies find alternative nuclear suppliers and stop sanction evasion.

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  • Would require the President to impose sanctions 180 days after enactment on foreign persons tied to Russia's nuclear energy sector and on contractors building new reactors with them. Sanctions would block U.S. transactions under the International Emergency Economic Powers Act and could restrict correspondent and payable-through bank accounts.
  • Would force an unclassified strategy to Congress within 180 days and annual updates for four years. The plan must identify alternative suppliers, allied supply chain vulnerabilities, steps for allied coordination on sanctions, and measures to support the IAEA low-enriched uranium fuel bank in Kazakhstan.
  • Would preserve narrow exceptions and waivers for humanitarian activities and for production of medical or industrial isotopes with defined durations. The bill would require quick congressional oversight, including a 30-day response to committee inquiries and a 90-day State Department review of the 2011 U.S.-Russia nuclear cooperation agreement.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Plan to end Rosatom reliance

If enacted, the bill would require the President to deliver a strategy within 180 days and then once a year for four years. The plan must show how to work with allies to replace Rosatom as the main supplier of reactor safety, operation, and overhaul services, list supply-chain vulnerabilities, and propose support for the IAEA low-enriched uranium fuel bank. If enacted, the Secretary of State would also have to report within 90 days on whether staying in the 2011 U.S.-Russia nuclear cooperation agreement serves U.S. security and nonproliferation interests, including Rosatom's role at Zaporizhzhia and related transfer risks.

Sanctions to block Rosatom affiliates

If enacted, the bill would require the President to impose blocking sanctions 180 days after enactment on foreign persons tied to Russia's state nuclear sector. It would block their property in the United States and assets controlled by U.S. persons. The bill would let the President grant 180-day national security waivers with notice to Congress, and special isotope waivers up to one year (renewable). It would allow an exception if a foreign person takes verifiable steps to change conduct. The bill would also define key terms like "foreign person," "United States person," and "Rosatom," and name the congressional committees that get reports.

Sponsors & CoSponsors

Sponsor

Kean

NJ • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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