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S. 3882: STOP PUTIN Act of 2022


The text of the bill below is as of Mar 17, 2022 (Introduced).


II

117th CONGRESS

2d Session

S. 3882

IN THE SENATE OF THE UNITED STATES

March 17, 2022

introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To require the End-User Review Committee to conduct quarterly reviews with respect to the inclusion of certain Russian energy entities on the Entity List.

1.

Short title

This Act may be cited as the Stop Top Oil Producers and Protect Ukraine from Tyrannical Invasions Now Act of 2022 or the STOP PUTIN Act of 2022.

2.

Reviews relating to inclusion of certain Russian energy entities on the Entity List

(a)

In general

Not later than 15 days after the date of the enactment of this Act, and every 90 days thereafter, the End-User Review Committee shall conduct a review to determine if any of the following entities should be added to or removed from the Entity List:

(1)

Rosneft (also known as Open Joint-Stock Company Rosneft Oil Company, OAO Rosneft Oil Company, Oil Company Rosneft, OJSC Rosneft Oil Company, and Rosneft Oil Company).

(2)

Lukoil, OAO (also known as Lukoil, Lukoil Oil Company, Neftyanaya Kompaniya Lukoil OOO, and NK Lukoil OAO).

(3)

Gazprom, OAO (also known as Open Joint Stock Company Gazprom, OAO Gazprom, and Gazprom).

(4)

Tatneft.

(5)

Sovcomflot.

(6)

Surgutneftegas (also known as Open Joint Stock Company Surgutneftegas, Otkrytoe Aktsionernoe Obshchestvo Surgutneftegaz, Surgutneftegas OAO, Surgutneftegas OJSC, and Surgutneftegaz OAO).

(7)

Any entity that is owned or controlled by, or is a successor to, an entity specified in paragraphs (1) through (6).

(b)

Congressional approval required for removal

An entity described in subsection (a) may be removed from the Entity List only by an Act of Congress.

(c)

Definitions

In this section:

(1)

End-User Review Committee

The term End-User Review Committee means the committee established under Supplement No. 5 to part 744 of title 15, Code of Federal Regulations.

(2)

Entity list

The term Entity List means the list maintained by the Bureau of Industry and Security and set forth in Supplement No. 4 to part 744 of title 15, Code of Federal Regulations.