Two Bipartisan Measures to Strengthen U.S. Response to Putin’s War ( doggett.house.gov )

Two active members of the Congressional Ukraine Caucus, joined by 51 colleagues, introduced two bipartisan pieces of legislation in further response to Russian atrocities in Ukraine by strengthening the current ban on Russian petroleum products as well as supporting Ukrainian reconstruction and recovery.

The Ending Importation of Laundered Russian Oil Act, would close the “refining loophole” that allows Russian oil to be laundered through third-party countries and sold in the United States as gasoline and other petroleum products, and the Russian War Crimes in Ukraine Tax Act, would tax interest and dividend income currently accruing in frozen sovereign Russian and Belorussian assets to establish a trust fund dedicated to rebuilding Ukraine.