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H.R. 2145House115th Congress (2017-2019)In Committee

No REX Act

Sponsored by Maxine WatersRep. Maxine Waters (D-CA)
Introduced April 25, 2017

AI-Generated Summary

Updated April 15, 2026 at 2:50 PM UTC

The No REX Act would bar the Treasury Department from issuing any licenses or other authorizations for U.S. persons to engage in deepwater, Arctic offshore, or shale oil projects that could produce oil in the Russian Federation or in maritime areas claimed by Russia. The prohibition takes effect when the law is enacted and also nullifies any such licenses that were issued beforehand. It primarily affects U.S. companies and individuals seeking to develop oil projects in Russia.

Key Provisions

  • Treasury Secretary may not grant, and any existing, licenses under Directive 4 for deepwater, Arctic offshore, or shale oil projects in Russia become invalid
  • Defines “Directive 4” as the 2014 directive related to blocking property of persons contributing to the situation in Ukraine, or any successor directive
  • Prohibition applies immediately upon enactment

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Foreign Affairs.

Foreign Affairs Committee

April 25, 2017

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HouseIntro Referral

Introduced in House

April 25, 2017

HouseIntro Referral

Referred to the House Committee on Foreign Affairs.

Foreign Affairs Committee

April 25, 2017

Bill Text

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Introduced in HouseIssued April 25, 2017

I

115th CONGRESS

1st Session

H. R. 2145

IN THE HOUSE OF REPRESENTATIVES

April 25, 2017

Ms. Maxine Waters of California introduced the following bill; which was referred to the Committee on Foreign Affairs

A BILL

To prohibit licenses or other authorization for United States persons to engage in activities relating to deepwater, Arctic offshore, or shale projects that have the potential to produce oil in the Russian Federation, or in maritime area claimed by the Russian Federation, and for other purposes.

1.

Short title

This Act may be cited as the No Russia Exemptions for Oil Production Act or the No REX Act.

2.

Prohibition on licenses or other authorization for United States persons to engage in activities relating to certain projects to produce oil in the Russian Federation

(a)

In general

Effective as of the date of the enactment of this Act—

(1)

the Secretary of the Treasury, acting directly or through any specifically designated person, agency, or instrumentality, may not provide a license or other authorization pursuant to Directive 4 under Executive Order 13662 to engage in any of the activities prohibited under such Directive; and

(2)

any license or other authorization provided before such date of enactment by the Secretary of the Treasury, acting directly or through any specifically designated person, agency, or instrumentality, pursuant to Directive 4 under Executive Order 13662 to engage in any of the activities prohibited under such Directive shall have no force or effect.

(b)

Definition

In this section, the term Directive 4 under Executive Order 13662 means Directive 4 of September 12, 2014, under Executive Order 13662 of March 20, 2014 (79 Fed. Reg. 16169; relating to Blocking Property of Additional Persons Contributing to the Situation in Ukraine) or any successor Directive or other Executive action.