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Stop Russian Market Manipulation Act
To prohibit the importation of certain minerals from the Russian Federation.
Summary
- Prohibits the importation into the United States of platinum, palladium, rhodium, ruthenium, nickel, and copper ores if produced in the Russian Federation or by Russian entities, beginning 90 days after enactment.
- Extends the prohibition to minerals obtained through swaps, exchanges, or other transactions designed to evade the import ban.
- Terminates the prohibition one year after the President certifies that the Russian Federation has ended all hostilities against Ukraine.
- Requires the ban to resume if the President certifies during the 3-year period following that certification that Russia has resumed hostilities against Ukraine.
- Prohibits the President from granting waivers to the mineral import prohibition.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
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![Rep. Downing, Troy [R-MT-2]](https://media.civicgate.org/people/d/politicians/D000634.thumb.jpg)
Rep. Downing, Troy (R-MT) [#2]
1 cosponsor
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![Rep. Zinke, Ryan K. [R-MT-1]](https://media.civicgate.org/people/d/politicians/Z000018.thumb.jpg)
Rep. Zinke, Ryan K. (R-MT) [#1]
Actions (2)
- Feb 27, 2025 Referred to the House Committee on Ways and Means. · house
- Feb 27, 2025 Introduced in House
More bills on these subjects (8)
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Similar bills (6)
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Text versions (1)
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Full text
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. <all>
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