Representative Gregory W. Meeks introduces H.R. 10828: Prohibit Corrupt Russia Oil Deals Act
Investivoq LegislationRadar
We have received text from H.R. 10828: Prohibit Corrupt Russia Oil Deals Act. This bill was received on 2026-10-15, and currently has 35 cosponsors.
Here is a short summary of the bill:
This bill would impose new U.S. sanctions and restrictions aimed at Russia’s oil and gas sector, and it would also tighten limits on U.S. government support for Russian energy-related deals.
Main effects
- Blocks certain U.S. development finance support: The U.S. International Development Finance Corporation (DFC) would be prohibited from supporting, financing, or being part of any arrangement involving energy assets owned by a Russian “foreign person,” even if the assets are outside Russia.
- Ends several existing Treasury licenses: It would immediately cancel a set of Treasury licenses that currently allow certain transactions involving Russian crude oil, petroleum products, and diesel fuel, including sales and deliveries to India and other shipments covered by those licenses.
- Limits future licensing: Treasury would be barred from issuing new general licenses, or otherwise authorizing transactions normally needed to buy, sell, deliver, or offload Russian crude oil, petroleum products, diesel fuel, or natural gas, for as long as the bill’s restriction remains in place.
- Creates a 3-year sunset: The new license restrictions in section 3 would expire three years after enactment.
New sanctions on Russian energy actors
The bill would require the President to impose sanctions within 30 days on any Russian person involved in:
- oil and gas extraction,
- oil and gas refining or production, or
- maritime transportation of oil, gas, or other petroleum products.
The sanctions could include:
- Asset blocking: freezing property and interests in property within U.S. jurisdiction, or under the control of a U.S. person;
- Visa restrictions: making affected foreign nationals ineligible for U.S. visas, admission, parole, or other immigration benefits;
- Visa revocation: revoking existing visas or entry documents for covered individuals, with immediate effect.
Exceptions
The bill includes exceptions for:
- actions needed to meet U.S. international obligations, including those related to the U.N. Headquarters Agreement;
- humanitarian activities, such as food, agricultural commodities, medicine, medical devices, humanitarian aid, related financial transactions, and transport needed to carry out humanitarian operations; and
- authorized U.S. intelligence, law enforcement, and national security activities.
Changes to congressional review of sanctions
The bill would expand the kinds of Russia-related sanctions and executive actions that Congress reviews under existing sanctions oversight rules. It would also make clear that certain energy-related sanctions actions, including licensing actions, can be reviewed in the context of sanctions on Russia.
For energy-related actions, the review period would run from enactment until the Secretary of State certifies, in consultation with the Treasury, Defense, and Intelligence leadership, that Russia has ended its war in Ukraine and credibly committed to a just peace settlement that includes compensation for Ukraine’s war damages.
Reporting requirements
The Secretary of State would have to submit regular reports to Congress:
- On Russian oil licenses: within 30 days of enactment, and every 60 days for 3 years, on the effects of the listed Russian oil and diesel licenses, including impacts on export volumes, prices, Russian government revenue, and oil production.
- On Russian energy companies and Ukraine: within 30 days of enactment, and every 180 days for 2 years, on any involvement by Russian state-owned or state-affiliated energy companies in the abduction, forcible deportation, or indoctrination of Ukrainian civilians, including children.
Relevant Companies
- None found
Representative Gregory W. Meeks Bill Proposals
Here are some bills which have recently been proposed by Representative Gregory W. Meeks:
- H.R.10828: Prohibit Corrupt Russia Oil Deals Act
- H.R.8854: Habitable Housing Conversion Pilot Program Act of 2026
- H.R.8289: BIS Licensing Efficiency Act of 2026
- H.R.8222: End Russian Oil Windfalls Act
- H.R.6879: RESTRICT Act
- H.R.6338: Stop Illegal Fishing Act
You can track bills proposed by Representative Gregory W. Meeks on Investivoq's politician page for Meeks.
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