Bill punishes Russia with high taxes and freezes Russian money.
S. 5025 — Lindsey O. Graham Sanctioning Russia Act of 2026 · Filed by Darline Graham Nordone (R-SC) · 63 cosponsors · 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
This bill stops U.S. companies and people from doing business with Russia. It freezes money and property owned by Russian officials. It puts very high taxes on Russian goods. The taxes go up to 500 percent. It also taxes other countries that buy Russian oil and gas. The President can use these tools. Congress can review what he does.
Who it affects
The bill affects U.S. companies that trade with Russia. It affects Russian officials and banks. It affects American families who buy energy and goods. Prices for gas and heating oil may go up.
One thing to notice
The bill puts very high taxes on Russian goods. These taxes will likely raise prices for American families.
From the analysis of the bill text, linked under Primary records below.
Where it stands
63 cosponsors: 41 Republicans, 21 Democrats, 1 Independents.
- Jul 16, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- Jul 16, 2026 — Referred to Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- freezes — Stops people from using or moving money or property.
- taxes — Money the government puts on goods coming into the country.
- review — To look at and check what someone did.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (50,012 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.
As of — page rendered 2026-09-23.
“Bill punishes Russia with high taxes and freezes Russian money.” QuorumCivic. https://share.quorumcivic.app/bill/119/s5025/simple Report an error