S. 4421

119 S4421 IS: No Oil Profits for Enemies Act of 2026
 U.S. Senate
 2026-04-28
 text/xml
 EN
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 II  119th CONGRESS  2d Session  S. 4421  IN THE SENATE OF THE UNITED STATES   April 28, 2026   Mr. Gallego  (for himself,  Mr. Grassley ,  Mrs. Shaheen ,  Mr. Kaine ,  Mr. Blumenthal ,  Mr. Wicker , and  Mr. Tillis ) introduced the following bill; which was read twice and referred to the  Committee on Foreign Relations    A BILL
To amend the Countering America’s Adversaries Through Sanctions Act to expand review by Congress of actions relating to sanctions imposed with respect to the Russian Federation.
1.
Short title
This Act may be cited as the   No Oil Profits for Enemies Act of 2026   or the   NOPE Act of 2026  .
2.
Modifications to congressional review of sanctions with respect to the Russian Federation
(a)
Expansion of sanctions subject To review
Section 216(a)(2)(B)(i) of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511(a)(2)(B)(i) ) is amended—
(1)
in subclause (II), by striking  ; or  and inserting a semicolon;
(2)
in subclause (III), by striking  ; and  and inserting  ; or ; and
(3)
by adding at the end the following:
(IV)
any Executive order addressing the national emergency declared in Executive Order 14024 ( 50 U.S.C. 1701  note; relating to blocking property with respect to specified harmful foreign activities of the Government of the Russian Federation).
  .
(b)
Review of energy-Related actions
Section 216(a)(2) of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511(a)(2) ) is amended—
(1)
in subparagraph (A)—
(A)
in clause (ii), by striking  ; or  and inserting a semicolon;
(B)
in clause (iii), by striking the period at the end and inserting  ; or ; and
(C)
by adding at the end the following:
(iv)
an action, including a licensing action, taken during the period described in subparagraph (C) relating to the application of sanctions described in subparagraph (B) with respect to crude oil, petroleum products, natural gas, or other energy products of Russian Federation origin.
  ; and
(2)
by adding at the end the following:
(C)
Period for review for energy-related actions
The period described in this subparagraph is the period—
(i)
beginning on the date of the enactment of this subparagraph; and
(ii)
ending on the date on which the Secretary of State, in consultation with the Secretary of the Treasury, the Secretary of Defense, and the Director of National Intelligence, certifies to the appropriate congressional committees and leadership that the Government of the Russian Federation has ended its war in Ukraine and credibly committed to a just peace settlement that includes compensating Ukraine for war damages.
  .
(c)
Exception To take action during initial congressional review period
Section 216(b)(3) of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511(b)(3) ) is amended—
(1)
by striking  unless a joint resolution  and inserting the following: “unless—
(A)
a joint resolution
  ;
(2)
by striking the period at the end and inserting  ; or ; and
(3)
by adding at the end the following:
(B)
the action relates to crude oil, petroleum products, natural gas, or other energy products of Russian Federation origin to be used—
(i)
for the preservation of the health or safety of the crew of an energy transport vessel;
(ii)
for emergency repairs or environmental mitigation or protection activities relating to an energy transport vessel; or
(iii)
to address an urgent need to mitigate an economic impact in a foreign jurisdiction other than the Russian Federation.
  .