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.
Short title
This Act may be cited as the No Russia Exemptions for Oil Production Act
or the No REX Act
.
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
In general
Effective as of the date of the enactment of this Act—
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
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.
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.