POWERS Act
- Last Action
- 11/1/2022
Actions
- 2022-11-01Referred to the Subcommittee on Immigration and Citizenship.
- 2021-05-28Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-05-28Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-05-28Introduced in House
- 2021-05-28Introduced in House
CRS Summary
As of 2021-05-28 (00)
Protecting Our Wellbeing by Expanding Russian Sanctions Act or the POWERS Act
This bill expands existing sanctions against foreign persons engaged in certain activities related to the Nord Stream 2 and TurkStream pipelines, two Russian pipelines that were constructed to supply natural gas to Europe.
Currently, these sanctions apply to foreign persons that (1) provided pipe-laying vessels for the construction of either pipeline, (2) facilitated certain transactions for such vessels, (3) provided certain underwriting services or insurance for such vessels, or (4) provided certain services for such vessels or Nord Stream 2. Under this bill, these sanctions must also apply to any foreign person that engaged in any transaction with such sanctioned persons.
The bill also reinstates any sanctions that were previously waived with respect to Nord Stream 2 AG (the company established to construct and operate the pipeline) or any of its corporate officers. Such reinstated sanctions may not be waived except by an act of Congress.
Cosponsors (5)
- Madison Cawthorn (R-NC)
- Ralph Norman (R-SC)
- Stephanie Bice (R-OK)
- Mario Diaz-Balart (R-FL)
- CHRISTOPHER SMITH (R-NJ)
Subjects
- Asia
- Congressional oversight
- Energy storage, supplies, demand
- Europe
- Foreign property
- Germany
- Marine and inland water transportation
- Oil and gas
- Pipelines
- Russia
- Sanctions
- Turkey
- Visas and passports
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.