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H.R. 9764House119th Congress (2025-2027)In Committee

HONOR Act

Sponsored by Bradley Scott SchneiderRep. Bradley Scott Schneider (D-IL)
Introduced July 16, 2026

AI-Generated Summary

Updated July 22, 2026 at 10:52 AM UTC

The bill changes the tax code so that U.S. taxpayers cannot claim a foreign tax credit for any taxes they pay to the Russian Federation. The restriction starts 30 days after the law is passed and lasts until the United States restores normal tariff rates on Russian products. It applies even if there are existing tax treaties with Russia.

Key Provisions

  • Adds a new rule to the foreign tax credit section of the tax code that blocks credits for taxes paid or accrued to Russia.
  • The rule takes effect 30 days after enactment and ends when normal tariff rates on Russian goods are reinstated under a separate trade law.
  • The denial of the credit applies regardless of any U.S. treaty obligations with Russia.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

July 16, 2026

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HouseIntro Referral

Introduced in House

July 16, 2026

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

July 16, 2026

Bill Text

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Introduced in HouseIssued July 16, 2026

I

119th CONGRESS

2d Session

H. R. 9764

IN THE HOUSE OF REPRESENTATIVES

July 16, 2026

Mr. Schneider (for himself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to deny any foreign tax credit with respect to taxes paid or accrued to the Russian Federation.

1.

Short title

This Act may be cited as the Hindering Oppressive Nations from Obtaining Revenue Act or HONOR Act.

2.

Denial of foreign tax credit with respect to the Russian Federation

(a)

In general

Section 901(j)(2) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:

(C)

Special rule for Russia

(i)

In general

This subsection shall apply to the Russian Federation during the period described in clause (ii).

(ii)

Period of application

The period described in this clause is the period—

(I)

beginning on the date that is 30 days after the date of the enactment of this subparagraph, and

(II)

ending on the date on which the resumption of the application of the rates of duty set forth in column 1 of the Harmonized Tariff Schedule of the United States to products of the Russian Federation takes effect pursuant to section 4(b) of the Suspending Normal Trade Relations with Russia and Belarus Act.

.

(b)

Effective date

(1)

In general

The amendment made by this section shall take effect on the date of the enactment of this Act.

(2)

Nonapplication of treaty rules

This section, and the amendment made by this section, shall be applied without regard to any treaty obligation of the United States.