S.Amdt. 2654

SA 2654. Mr. RISCH (for himself and Mr. Whitehouse) submitted an
amendment intended to be proposed by him to the bill S. 4638, to
authorize appropriations for fiscal year 2025 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:

At the end of title XII, add the following:

Subtitle G--Multilateral Sanctions Coordination With Respect to the
Russian Federation

SEC. 1291. STATEMENT OF POLICY REGARDING COORDINATION OF
MULTILATERAL SANCTIONS WITH RESPECT TO THE
RUSSIAN FEDERATION.

(a) In General.--In response to the Russian Federation's
unprovoked and illegal invasion of Ukraine, it is the policy
of the United States that--
(1) the United States, along with the European Union, the
G7, Australia, and other willing allies and partners of the
United States, should lead a coordinated international
sanctions regime to freeze sovereign assets of the Russian
Federation;
(2) the head of the Office of Sanctions Coordination of the
Department of State should engage in interagency and
multilateral coordination with agencies of the European
Union, the G7, Australia, and other allies and partners of
the United States to ensure the ongoing implementation and
enforcement of sanctions with respect to the Russian
Federation in response to its invasion of Ukraine;
(3) the Secretary of State, in consultation with the
Secretary of the Treasury, should, to the extent practicable
and consistent with relevant United States law, lead and
coordinate with the European Union, the G7, Australia, and
other allies and partners of the United States with respect
to enforcement of sanctions imposed with respect to the
Russian Federation;
(4) the United States should provide relevant technical
assistance, implementation guidance, and support relating to
enforcement and implementation of sanctions imposed with
respect to the Russian Federation;
(5) where appropriate, the head of the Office of Sanctions
Coordination, in coordination with the Bureau of Economic and
Business Affairs and the Bureau of European and Eurasian
Affairs of the Department of State and the Department of the
Treasury, should seek private sector input regarding
sanctions policy with respect to the Russian Federation and
the implementation of and compliance with such sanctions
imposed with respect to the Russian Federation; and
(6) the Secretary of State, in coordination with the
Secretary of the Treasury, should continue robust diplomatic
engagement with allies and partners of the United States,
including the European Union, the G7, and Australia, to
encourage such allies and partners to impose such sanctions.
(b) Authorization of Appropriations.--
(1) In general.--There is authorized to be appropriated to
the Office of Sanctions Coordination of the Department of
State $15,000,000 for each of fiscal years 2025, 2026, and
2027 to carry out this section.
(2) Supplement not supplant.--The amounts authorized to be
appropriated by paragraph (1) shall supplement and not
supplant other amounts authorized to be appropriated for the
Office of Sanctions Coordination.

SEC. 1292. ASSESSMENT OF IMPACT OF UKRAINE-RELATED SANCTIONS
ON THE ECONOMY OF THE RUSSIAN FEDERATION.

(a) Report and Briefings.--At the times specified in
subsection (b), the President shall submit a report and
provide a briefing to the appropriate congressional
committees on the impact on the economy of the Russian
Federation of sanctions imposed by the United States and
other countries with respect to the Russian Federation in
response to the unlawful invasion of Ukraine by the Russian
Federation.
(b) Timing.--The President shall--
(1) submit a report and provide a briefing described in
subsection (a) to the appropriate

[[Page S4969]]

congressional committees not later than 90 days after the
date of the enactment of this Act; and
(2) submit to the appropriate congressional committees a
report described in subsection (a) every 180 days thereafter
until the date that is 5 years after such date of enactment.
(c) Elements.--Each report required by this section shall
include--
(1) an assessment of--
(A) the impacts of the sanctions described in subsection
(a), disaggregated by major economic sector, including the
energy, aerospace and defense, shipping, banking, and
financial sectors;
(B) the macroeconomic impact of those sanctions on Russian,
European, and global economy market trends, including shifts
in global markets as a result of those sanctions; and
(C) efforts by other countries or actors and offshore
financial providers to facilitate sanctions evasion by the
Russian Federation or take advantage of gaps in international
markets resulting from the international sanctions regime in
place with respect to the Russian Federation; and
(2) recommendations for further sanctions enforcement
measures based on trends described in paragraph (1)(B).
(d) Appropriate Congressional Committees Defined.--In this
section, the term ``appropriate congressional committees''
means--
(1) the Committee on Foreign Relations and the Committee on
Banking, Housing, and Urban Affairs of the Senate; and
(2) the Committee on Foreign Affairs and the Committee on
Financial Services of the House of Representatives.

SEC. 1293. INFORMATION ON VOTING PRACTICES IN THE UNITED
NATIONS WITH RESPECT TO THE INVASION OF UKRAINE
BY THE RUSSIAN FEDERATION.

Section 406(b) of the Foreign Relations Authorization Act,
Fiscal Years 1990 and 1991 (22 U.S.C. 2414a(b)), is amended--
(1) in paragraph (4), by striking ``Assembly on'' and all
that follows through ``opposed by the United States'' and
inserting the following: ``Assembly on--''
``(A) resolutions specifically related to Israel that are
opposed by the United States; and
``(B) resolutions specifically related to the invasion of
Ukraine by the Russian Federation.'';
(2) in paragraph (5), by striking ``; and'' and inserting a
semicolon;
(3) by redesignating paragraph (6) as paragraph (7); and
(4) by inserting after paragraph (5) the following:
``(6) an analysis and discussion, prepared in consultation
with the Secretary of State, of the extent to which member
countries supported United States policy objectives in the
Security Council and the General Assembly with respect to the
invasion of Ukraine by the Russian Federation; and''.
______