S 808 — Stop Russian Market Manipulation Act

Summary

Prohibits the importation of platinum group metals, nickel, and copper ores and concentrates produced in Russia or by Russian entities, effective 90 days after enactment.
Extends the prohibition to minerals exchanged, swapped for, or obtained in lieu of Russian minerals in a manner designed to evade the import ban.
Terminates the prohibition one year after the President certifies that Russia has ended all hostilities against Ukraine.
Allows the prohibition to resume if the President certifies that Russia has resumed hostilities within three years after the initial termination, and permits such resumption and reinstatement to occur multiple times.
Prohibits the President from waiving the import prohibition under any circumstances.

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)

Sen. Daines, Steve (R-MT)

5 cosponsors

Money behind the sponsor

Top reported contributors to Steve Daines’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

Employer not reported $80,381
ANDREESSEN HOROWITZ $19,800
APOLLO MANAGEMENT $15,400
SIERRA PACIFIC INDUSTRIES $12,000
FLORA FARMS $10,000

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Steve Daines → · Outside spending →

Actions (2)

Feb 27, 2025 Read twice and referred to the Committee on Finance. · senate
Feb 27, 2025 Introduced in Senate

Related bills (1)

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

Introduced in Senate · Feb 27, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE SENATE OF THE UNITED STATES

February 27, 2025

Mr. Daines (for himself, Mr. Peters, Mr. Sheehy, and Ms. Slotkin) introduced the following bill; which was read twice and referred to the Committee on Finance

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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