Bill stops U.S. tax breaks for money earned in Russia
H.R. 9764 — HONOR Act · Filed by Brad Schneider (D-IL) · 1 cosponsor · Introduced Jul 16, 2026 · Referred to committee
Your members of Congress
Enter a ZIP to see where your representative and both senators stood on this bill.
Looked up on this device — your ZIP is never stored on our servers.
What it does
The bill blocks U.S. companies and people from claiming tax credits for taxes paid to Russia. The ban lasts until the U.S. restores normal trade relations with Russia. It overrides any U.S. treaties that might allow these credits.
Who it affects
U.S. companies and people who earn money in Russia will pay more U.S. taxes. The U.S. Treasury will collect more tax money.
One thing to notice
The ban ends if Congress votes to restore normal trade with Russia. The tax penalty is tied to future political decisions, not a set date.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Republicans.
- Jul 16, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jul 16, 2026 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
3 groups reported lobbying about this bill. They filed 3 reports from Jun 2026 to Jun 2026.
Those reports show $30,000 in lobbying spending. Each report lists about 14 bills. So that money was not all for this bill.
More groups named this bill than 61% of bills with any report.
Brad Schneider, who sponsored the bill, received $1,372,749 from PACs for the 2026 election.
- Edward Jones Investments — $20,000 in 1 report
- Empower Retirement LLC — $10,000 in 1 report
- Transamerica Life Insurance Company — $0 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- tax credits — Money the U.S. government gives back for taxes already paid to another country
- normal trade relations — Regular business rules between two countries that allow goods and money to move freely
- treaties — Official agreements between the U.S. and other countries
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
- sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (1,245 characters) on Aug 12, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 17, 2026 · page rendered 2026-09-23.
“Bill stops U.S. tax breaks for money earned in Russia” QuorumCivic. https://share.quorumcivic.app/bill/119/hr9764/simple Report an error