Stop Russian Market Manipulation Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1677 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 1677

   To prohibit the importation of certain minerals from the Russian 
                              Federation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 27, 2025

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

_______________________________________________________________________

                                 A BILL


 
   To prohibit the importation of certain minerals from the Russian 
                              Federation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop Russian Market Manipulation 
Act''.

SEC. 2. PROHIBITION ON IMPORTATION OF CERTAIN MINERALS FROM THE RUSSIAN 
              FEDERATION.

    (a) In General.--Beginning on the date that is 90 days after the 
date of the enactment of this Act, no mineral specified in subsection 
(b) may be imported into the United States if the mineral is--
            (1) produced in the Russian Federation or by a Russian 
        entity; or
            (2) determined to have been exchanged with, swapped for, or 
        otherwise obtained in lieu of a mineral described in paragraph 
        (1) in a manner designed to evade or circumvent the application 
        of this section.
    (b) Minerals Specified.--The minerals specified in this subsection 
are the following:
            (1) Platinum, unwrought or in semimanufactured forms, 
        classified under heading 7110 of the Harmonized Tariff Schedule 
        of the United States (in this Act, referred to as the ``HTS''), 
        including--
                    (A) palladium;
                    (B) braggite;
                    (C) rhodium; and
                    (D) ruthenium.
            (2) Nickel classified under heading 2604 of the HTS.
            (3) Copper, ores and concentrates, classified under heading 
        2603 of the HTS, including zinc.
    (c) Termination.--
            (1) In general.--The prohibition under subsection (a) 
        shall, subject to paragraph (2), terminate on the date that is 
        one year after the President certifies to Congress that the 
        Government of the Russian Federation has ended all hostilities 
        against Ukraine.
            (2) Probationary period.--If, at any time during the 3-year 
        period after the President submits a certification described in 
        paragraph (1), the President certifies to Congress that the 
        Government of the Russian Federation has resumed hostilities 
        against Ukraine, the prohibition under subsection (a) shall--
                    (A) resume effect;
                    (B) remain in effect until the President submits to 
                Congress another certification described in paragraph 
                (1); and
                    (C) after the President submits such a 
                certification, be subject to resumption as described in 
                this paragraph.
    (d) No Waiver.--Notwithstanding any other provision of law, the 
President may not waive the prohibition under subsection (a).
    (e) Russian Entity Defined.--In this section, the term ``Russian 
entity'' means an entity that is organized under the laws of, or 
otherwise subject to the jurisdiction of, the Russian Federation.
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