Lindsey O. Graham Sanctioning Russia Act of 2026
Sponsored By: Senator Graham, Darline [R-SC]
Introduced
Summary
A mandatory, recurring sanctions regime targeting Russia's government, banks, energy projects, and maritime networks. The bill would require presidential reviews every 180 days and would compel blocking of property, vessel-focused sanctions, bans on new investment, tighter financial messaging restrictions, and steep import duties.
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Bill Overview
Analyzed Economic Effects
6 provisions identified: 0 benefits, 3 costs, 3 mixed.
Ban on new U.S. investment in Russia
If enacted, the bill would bar U.S. persons from making any new investments in Russia starting 30 days after enactment. It would also bar exports of named services and U.S. energy products to Russia, and require sanctions on foreign persons who knowingly help expand Russian energy production. The SEC would ban trading on U.S. exchanges of securities tied to Russian government-affiliated issuers within 30 days. U.S. persons would be barred from buying Russian sovereign debt on enactment. The bill directs the President to follow existing law to limit uranium imports from Russia and to sanction Rosatom leaders on a recurring 180-day schedule.
Sanctions on major Russian banks
If enacted, the President must impose listed sanctions on Russia's central bank and full blocking sanctions on Sberbank, VTB, Gazprombank, and other government-owned banks within 30 days. Starting 30 days after enactment, U.S. persons would be barred from transactions with fully sanctioned banks, subject to narrow Treasury exemptions for some foreign banks. The bill would also ban U.S. banks and brokers from processing transfers to or from the Russian government starting 30 days after enactment, except under an authorized license. The bill defines "United States person" to include U.S. citizens, lawful permanent residents, and entities organized under U.S. law, including foreign branches.
Higher tariffs on Russia and buyers
If enacted, the President must raise duties within 30 days. Duties on all goods from Russia could be raised up to 500 percent ad valorem. The U.S. could also impose duties up to 100 percent on goods from countries that buy Russian oil or help evade oil sanctions, with top importers identified every 180 days. There is a narrow natural gas exception if a country imported under 15 percent of Russia's gas and is cutting imports. The President or USTR must send a written methodology at least 10 days before imposing or changing duties.
Presidential waiver and sanction termination
If enacted, the President could waive sanctions for a foreign person by sending Congress a written certification that the waiver is in the national interest and an explanatory report. The President could also terminate sanctions after certifying required conditions. To end Russia-specific sanctions, the President must certify that Russia signed a peace agreement accepted by Ukraine and stopped hostilities. Any termination would wait through a 30-day congressional review period (60 days in a specified mid-summer window).
Recurring sanctions, enforcement, and exceptions
If enacted, the bill would require the President to review and name people and ships tied to Russia within 30 days and then every 180 days. The government would be able to block property, bar transactions, and revoke visas for those targets. The bill would set a 270-day winddown window for some businesses and allow humanitarian and safety carve-outs. Violations could carry civil and criminal penalties under the International Emergency Economic Powers Act.
Sanctions on global payment messaging
If enacted, the President would review major global financial messaging providers within 30 days and every 180 days. The Treasury could sanction messaging firms or their senior leaders if they knowingly help evade sanctions. The President could waive sanctions for firms that stop the offending service or that provide significant messaging to U.S. banks.
Sponsors & CoSponsors
Sponsor
Graham, Darline [R-SC]
SC • R
Cosponsors
Sen. Blumenthal, Richard [D-CT]
CT • D
Sponsored 7/16/2026
Sen. Wicker, Roger F. [R-MS]
MS • R
Sponsored 7/16/2026
Sen. Shaheen, Jeanne [D-NH]
NH • D
Sponsored 7/16/2026
Sen. Grassley, Chuck [R-IA]
IA • R
Sponsored 7/16/2026
Sen. Whitehouse, Sheldon [D-RI]
RI • D
Sponsored 7/16/2026
Sen. Risch, James E. [R-ID]
ID • R
Sponsored 7/16/2026
Sen. Coons, Christopher A. [D-DE]
DE • D
Sponsored 7/16/2026
Sen. Cotton, Tom [R-AR]
AR • R
Sponsored 7/16/2026
Sen. Durbin, Richard J. [D-IL]
IL • D
Sponsored 7/16/2026
Sen. Britt, Katie Boyd [R-AL]
AL • R
Sponsored 7/16/2026
Sen. King, Angus S., Jr. [I-ME]
ME • I
Sponsored 7/16/2026
Sen. Ernst, Joni [R-IA]
IA • R
Sponsored 7/16/2026
Sen. Bennet, Michael F. [D-CO]
CO • D
Sponsored 7/16/2026
Sen. Sheehy, Tim [R-MT]
MT • R
Sponsored 7/16/2026
Sen. Kelly, Mark [D-AZ]
AZ • D
Sponsored 7/16/2026
Sen. Ricketts, Pete [R-NE]
NE • R
Sponsored 7/16/2026
Sen. Kaine, Tim [D-VA]
VA • D
Sponsored 7/16/2026
Sen. Sullivan, Dan [R-AK]
AK • R
Sponsored 7/16/2026
Sen. Rosen, Jacky [D-NV]
NV • D
Sponsored 7/16/2026
Sen. Lankford, James [R-OK]
OK • R
Sponsored 7/16/2026
Sen. Fetterman, John [D-PA]
PA • D
Sponsored 7/16/2026
Sen. Curtis, John R. [R-UT]
UT • R
Sponsored 7/16/2026
Sen. Duckworth, Tammy [D-IL]
IL • D
Sponsored 7/16/2026
Sen. Hyde-Smith, Cindy [R-MS]
MS • R
Sponsored 7/16/2026
Sen. Peters, Gary C. [D-MI]
MI • D
Sponsored 7/16/2026
Sen. Blackburn, Marsha [R-TN]
TN • R
Sponsored 7/16/2026
Sen. Gillibrand, Kirsten E. [D-NY]
NY • D
Sponsored 7/16/2026
Sen. Boozman, John [R-AR]
AR • R
Sponsored 7/16/2026
Sen. Van Hollen, Chris [D-MD]
MD • D
Sponsored 7/16/2026
Sen. Tillis, Thomas [R-NC]
NC • R
Sponsored 7/16/2026
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 7/16/2026
Sen. Scott, Tim [R-SC]
SC • R
Sponsored 7/16/2026
Sen. Reed, Jack [D-RI]
RI • D
Sponsored 7/16/2026
Sen. Husted, Jon [R-OH]
OH • R
Sponsored 7/16/2026
Sen. Hickenlooper, John W. [D-CO]
CO • D
Sponsored 7/16/2026
Sen. Armstrong, Alan [R-OK]
OK • R
Sponsored 7/16/2026
Sen. Alsobrooks, Angela D. [D-MD]
MD • D
Sponsored 7/16/2026
Sen. Hoeven, John [R-ND]
ND • R
Sponsored 7/16/2026
Sen. Heinrich, Martin [D-NM]
NM • D
Sponsored 7/16/2026
Sen. Barrasso, John [R-WY]
WY • R
Sponsored 7/16/2026
Sen. Schatz, Brian [D-HI]
HI • D
Sponsored 7/16/2026
Sen. McCormick, David [R-PA]
PA • R
Sponsored 7/16/2026
Sen. Klobuchar, Amy [D-MN]
MN • D
Sponsored 7/16/2026
Sen. Fischer, Deb [R-NE]
NE • R
Sponsored 7/16/2026
Sen. Cornyn, John [R-TX]
TX • R
Sponsored 7/16/2026
Sen. Justice, James C. [R-WV]
WV • R
Sponsored 7/16/2026
Sen. Rounds, Mike [R-SD]
SD • R
Sponsored 7/16/2026
Sen. Cruz, Ted [R-TX]
TX • R
Sponsored 7/16/2026
Sen. Kennedy, John [R-LA]
LA • R
Sponsored 7/16/2026
Sen. Capito, Shelley Moore [R-WV]
WV • R
Sponsored 7/16/2026
Sen. Collins, Susan M. [R-ME]
ME • R
Sponsored 7/16/2026
Sen. Lummis, Cynthia M. [R-WY]
WY • R
Sponsored 7/16/2026
Sen. Cramer, Kevin [R-ND]
ND • R
Sponsored 7/16/2026
Sen. Murkowski, Lisa [R-AK]
AK • R
Sponsored 7/16/2026
Sen. Scott, Rick [R-FL]
FL • R
Sponsored 7/16/2026
Sen. Budd, Ted [R-NC]
NC • R
Sponsored 7/16/2026
Sen. Moran, Jerry [R-KS]
KS • R
Sponsored 7/16/2026
Sen. McConnell, Mitch [R-KY]
KY • R
Sponsored 7/16/2026
Sen. Tuberville, Tommy [R-AL]
AL • R
Sponsored 7/16/2026
Sen. Daines, Steve [R-MT]
MT • R
Sponsored 7/16/2026
Sen. Thune, John [R-SD]
SD • R
Sponsored 7/16/2026
Sen. Hagerty, Bill [R-TN]
TN • R
Sponsored 7/21/2026
Sen. Moreno, Bernie [R-OH]
OH • R
Sponsored 8/6/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov