Putin Accountability Act
This bill imposes sanctions pertaining to Russia and addresses related issues.
The President must impose sanctions, with some exceptions, on
The President must impose property-blocking sanctions on such individuals and entities and also visa-blocking sanctions on the individuals.
The President must also (1) issue regulations to prohibit U.S. individuals and entities from dealing in Russian sovereign debt; and (2) issue a determination as to whether certain specified Russian individuals meet the criteria to be subject to sanctions under various authorities, including this bill.
The Department of State must (1) designate Russia a state sponsor of terrorism, and (2) report to Congress a determination of whether Russia-affiliated armed entities in the Donbas region of Ukraine meet the criteria to be designated as foreign terrorist organizations.
The bill prohibits expending funds to engage with Russia's government on cyber issues or arms control negotiations until certain conditions have been met.
To impose sanctions with respect to the Russian Federation, and for 
                            other purposes.

    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 ``Putin Accountability Act''.

SEC. 2. REPORTS ON, AND AUTHORIZATION OF IMPOSITION OF SANCTIONS WITH 
              RESPECT TO, THE PROVISION OF SPECIALIZED FINANCIAL 
              MESSAGING SERVICES TO THE CENTRAL BANK OF THE RUSSIAN 
              FEDERATION.

    (a) Reports Required.--
            (1) In general.--Not later than 30 days after the date of 
        the enactment of this Act, and every 90 days thereafter, the 
        Secretary of the Treasury shall submit to the appropriate 
        congressional committees a report that contains--
                    (A) a list of all persons that the Secretary has 
                identified that directly provide specialized financial 
                messaging services to, or enable or facilitate direct 
                or indirect access to such messaging services for, the 
                Central Bank of the Russian Federation; and
                    (B) a detailed assessment of the status of efforts 
                by the Secretary to end the direct provision of such 
                messaging services to, and the enabling or facilitation 
                of direct or indirect access to such messaging services 
                for, the Central Bank of the Russian Federation.
            (2) Enabling or facilitation of access to specialized 
        financial messaging services through intermediary financial 
        institutions.--For purposes of paragraph (1) and subsection 
        (b), enabling or facilitating direct or indirect access to 
        specialized financial messaging services for the Central Bank 
        of Russia includes doing so by serving as an intermediary 
        financial institution with access to such messaging services.
            (3) Form of report.--A report submitted under paragraph (1) 
        shall be submitted in unclassified form but may contain a 
        classified annex.
    (b) Requirement of Imposition of Sanctions.--
            (1) In general.--Except as provided in paragraph (2), if, 
        on or after the date that is 60 days after the date of the 
        enactment of this Act, a person knowingly and directly provides 
        specialized financial messaging services to, or knowingly 
        enable or facilitate direct or indirect access to such 
        messaging services for, the Central Bank of the Russian 
        Federation, the President shall impose sanctions described in 
        subsection (c) with respect to the person.
            (2) Exception.--The President may not impose sanctions 
        pursuant to paragraph (1) with respect to a person for directly 
        providing specialized financial messaging services to, or 
        enabling or facilitating direct or indirect access to such 
        messaging services for, the Central Bank of the Russian 
        Federation if--
                    (A) the person is subject to a sanctions regime 
                under its governing foreign law that requires it to 
                eliminate the knowing provision of such messaging 
                services to, and the knowing enabling and facilitation 
                of direct or indirect access to such messaging services 
                for the Central Bank of Russia; and
                    (B) the President determines that the person has, 
                pursuant to that sanctions regime, terminated the 
                knowing provision of such messaging services to, and 
                the knowing enabling and facilitation of direct or 
                indirect access to such messaging services for, the 
                Central Bank of Russia.
    (c) Sanctions Described.--
            (1) In general.--The sanctions described in this subsection 
        are the following:
                    (A) Blocking of property.--The President shall 
                exercise all of the powers granted to the President 
                under the International Emergency Economic Powers Act 
                (50 U.S.C. 1701 et seq.) to block and prohibit all 
                transactions in property and interests in property of 
                the foreign person if such property and interests in 
                property are in the United States, come within the 
                United States, or are or come within the possession or 
                control of a United States person.
                    (B) Aliens ineligible for visas, admission, or 
                parole.--
                            (i) Visas, admission, or parole.--An alien 
                        who the Secretary of State or the Secretary of 
                        Homeland Security (or a designee of one of such 
                        Secretaries) knows, or has reason to believe, 
                        has knowingly engaged in any activity described 
                        in subsection (b)(1) is--
                                    (I) inadmissible to the United 
                                States;
                                    (II) ineligible to receive a visa 
                                or other documentation to enter the 
                                United States; and
                                    (III) otherwise ineligible to be 
                                admitted or paroled into the United 
                                States or to receive any other benefit 
                                under the Immigration and Nationality 
                                Act (8 U.S.C. 1101 et seq.).
                            (ii) Current visas revoked.--
                                    (I) In general.--The issuing 
                                consular officer, the Secretary of 
                                State, or the Secretary of Homeland 
                                Security (or a designee of one of such 
                                Secretaries) shall, in accordance with 
                                section 221(i) of the Immigration and 
                                Nationality Act (8 U.S.C. 1201(i)), 
                                revoke any visa or other entry 
                                documentation issued to an alien 
                                described in clause (i) regardless of 
                                when the visa or other entry 
                                documentation is issued.
                                    (II) Effect of revocation.--A 
                                revocation under subclause (I) shall 
                                take effect immediately and shall 
                                automatically cancel any other valid 
                                visa or entry documentation that is in 
                                the alien's possession.
            (2) Exceptions.--
                    (A) United nations headquarters agreement.--The 
                sanctions described under paragraph (1)(B) shall not 
                apply with respect to an alien if admitting or paroling 
                the alien into the United States is necessary to permit 
                the United States to comply with the Agreement 
                regarding the Headquarters of the United Nations, 
                signed at Lake Success June 26, 1947, and entered into 
                force November 21, 1947, between the United Nations and 
                the United States, or other applicable international 
                obligations.
                    (B) Exception for intelligence, law enforcement, 
                and national security activities.--Sanctions under 
                paragraph (1) shall not apply to any authorized 
                intelligence, law enforcement, or national security 
                activities of the United States.
                    (C) Exception relating to importation of goods.--
                            (i) In general.--Notwithstanding any other 
                        provision of this section, the authorities and 
                        requirements to impose sanctions under this 
                        section shall not include the authority or a 
                        requirement to impose sanctions on the 
                        importation of goods.
                            (ii) Good defined.--In this subparagraph, 
                        the term ``good'' means any article, natural or 
                        man-made substance, material, supply or 
                        manufactured product, including inspection and 
                        test equipment, and excluding technical data.
    (d) Penalties.--The penalties provided for in subsections (b) and 
(c) of section 206 of the International Emergency Economic Powers Act 
(50 U.S.C. 1705) shall apply to a person that violates, attempts to 
violate, conspires to violate, or causes a violation of regulations 
promulgated to carry out this section or the sanctions imposed pursuant 
to this section to the same extent that such penalties apply to a 
person that commits an unlawful act described in section 206(a) of that 
Act.
    (e) Implementation Authority.--The President may exercise all 
authorities provided to the President under sections 203 and 205 of the 
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section.
    (f) Regulatory Authority.--The President shall, not later than 60 
days after the date of the enactment of this Act, promulgate 
regulations as necessary for the implementation of this section.
    (g) Waiver.--The President shall have the authority to waive the 
sanctions required by subsection (b) for renewable periods of 30 days 
if the President provides a written certification to the appropriate 
congressional committees, which shall also be made publicly available 
on a website maintained by the Federal Government, that the Russian 
Federation has ended its annexation of Crimea and has withdrawn all 
military forces from eastern Ukraine.
    (h) Sunset.--The President's authority to issue waivers or licenses 
with respect to sanctions required by subsection (b) or pursuant to 
sections 203 and 205 of the International Emergency Economic Powers Act 
(50 U.S.C. 1702 and 1704) with regard to prohibitions required by 
subsection (b) shall cease to apply beginning on the date that is 1 
year after the date of enactment of this Act.

SEC. 3. DESIGNATION OF THE RUSSIAN FEDERATION AS A STATE SPONSOR OF 
              TERRORISM AND DESIGNATION OF THE RUSSIAN-SUPPORTED ARMED 
              FORCES IN THE DONBAS REGION OF UKRAINE AS FOREIGN 
              TERRORIST ORGANIZATIONS.

    (a) Designation of the Russian Federation as a State Sponsor of 
Terrorism.--
            (1) In general.--Not later than 30 days after the date of 
        the enactment of this Act, the Secretary of State shall 
        designate the Russian Federation as a country the government of 
        which has repeatedly provided support for international 
        terrorism (commonly referred to as a ``state sponsor of 
        terrorism'').
            (2) Report.--Not later than 60 days after the date of the 
        enactment of this Act, the Secretary of State shall submit to 
        the appropriate congressional committees a report describing 
        the Russian Federation's support, sponsorship, cooperation, 
        military coordination with, or significant transactions with 
        the Russian Imperial Movement, the Taliban in Afghanistan, 
        Lebanese Hezbollah, and the Iranian Islamic Revolutionary Guard 
        Corps (IRGC), and Islamic Revolutionary Guard Corps Quds Forces 
        (IRGC-QF).
            (3) Form.--The report required by paragraph (2) shall be 
        submitted in unclassified form, but may include a classified 
        annex, if appropriate.
    (b) Determination on the Designation of the Russian-Supported Armed 
Forces in the Donbas Region of Ukraine as Foreign Terrorist 
Organizations.--
            (1) In general.--Not later than 30 days after the date of 
        the enactment of this Act, the Secretary of State shall submit 
        a determination to the appropriate congressional committees 
        that indicates whether armed entities that are physically 
        present in the Donbas region of Ukraine and are controlled or 
        aided by the Russian Federation, or armed entities that are 
        associated or controlled by the ``Donetsk People's Republic'' 
        or the ``Lugansk People's Republic'', meet the criteria to be 
        designated as foreign terrorist organizations under section 219 
        of the Immigration and Nationality Act (8 U.S.C. 1189).
            (2) Form.--The determination required under paragraph (1) 
        shall be submitted in unclassified form, but may include a 
        classified annex, if appropriate.

SEC. 4. PROHIBITION ON UNITED STATES PERSONS FROM PURCHASING, SELLING, 
              OR OTHERWISE DEALING IN RUSSIAN SOVEREIGN DEBT.

    (a) Prohibition.--Not later than 30 days after the date of the 
enactment of this Act, the President shall issue regulations to 
prohibit United States persons from purchasing, selling, or otherwise 
dealing in Russian sovereign debt that is issued or executed on or 
after the date that is 60 days after such date of enactment.
    (b) Russian Sovereign Debt Defined.--In this section, the term 
``Russian sovereign debt'' means--
            (1) bonds issued by the Central Bank of the Russian 
        Federation, the Russian National Wealth Fund, the Russian 
        Federal Treasury, or agents, instrumentalities, or affiliates 
        of such institutions, regardless of the currency in which they 
        are denominated and with a maturity of more than 14 days;
            (2) foreign exchange swap agreements with the Central Bank 
        of the Russian Federation, the Russian National Wealth Fund, or 
        the Russian Federal Treasury, regardless of the currency in 
        which they are denominated and with a duration of more than 14 
        days; and
            (3) any other financial instrument, the maturity or 
        duration of which is more than 14 days, that the President 
        determines represents the sovereign debt of Russia.
    (c) Requirement To Publish Guidance.--The President shall publish 
guidance on the implementation of the regulations issued pursuant to 
subsection (a) concurrently with the publication of such regulations.

SEC. 5. IMPOSITION OF SANCTIONS RELATED TO NORD STREAM 2.

    (a) Imposition of Sanctions.--Not later than 10 days after the date 
of the enactment of this Act, the President shall impose sanctions 
under subsection (b)(1) with respect to--
            (1) any entity responsible for planning, construction, 
        maintenance, technical assistance, engineering assistance, 
        financing, or operation of the Nord Stream 2 pipeline or a 
        successor entity; and
            (2) any other corporate officer of or principal shareholder 
        with a controlling interest in an entity described in paragraph 
        (1).
    (b) Sanctions Described.--
            (1) In general.--The sanctions described in this subsection 
        are the following:
                    (A) Blocking of property.--The President shall 
                exercise all of the powers granted to the President 
                under the International Emergency Economic Powers Act 
                (50 U.S.C. 1701 et seq.) to the extent necessary to 
                block and prohibit all transactions in property and 
                interests in property of the foreign person if such 
                property and interests in property are in the United 
                States, come within the United States, or are or come 
                within the possession or control of a United States 
                person.
                    (B) Aliens ineligible for visas, admission, or 
                parole.--
                            (i) Visas, admission, or parole.--An alien 
                        who the Secretary of State or the Secretary of 
                        Homeland Security (or a designee of one of such 
                        Secretaries) knows, or has reason to believe, 
                        has knowingly engaged in any activity described 
                        in subsection (a) is--
                                    (I) inadmissible to the United 
                                States;
                                    (II) ineligible to receive a visa 
                                or other documentation to enter the 
                                United States; and
                                    (III) otherwise ineligible to be 
                                admitted or paroled into the United 
                                States or to receive any other benefit 
                                under the Immigration and Nationality 
                                Act (8 U.S.C. 1101 et seq.).
                            (ii) Current visas revoked.--
                                    (I) In general.--The issuing 
                                consular officer, the Secretary of 
                                State, or the Secretary of Homeland 
                                Security (or a designee of one of such 
                                Secretaries) shall, in accordance with 
                                section 221(i) of the Immigration and 
                                Nationality Act (8 U.S.C. 1201(i)), 
                                revoke any visa or other entry 
                                documentation issued to an alien 
                                described in clause (i) regardless of 
                                when the visa or other entry 
                                documentation is issued.
                                    (II) Effect of revocation.--A 
                                revocation under subclause (I) shall 
                                take effect immediately and shall 
                                automatically cancel any other valid 
                                visa or entry documentation that is in 
                                the alien's possession.
            (2) Exceptions.--
                    (A) United nations headquarters agreement.--The 
                sanctions described under paragraph (1)(B) shall not 
                apply with respect to an alien if admitting or paroling 
                the alien into the United States is necessary to permit 
                the United States to comply with the Agreement 
                regarding the Headquarters of the United Nations, 
                signed at Lake Success June 26, 1947, and entered into 
                force November 21, 1947, between the United Nations and 
                the United States, or other applicable international 
                obligations.
                    (B) Exception for intelligence, law enforcement, 
                and national security activities.--Sanctions under 
                paragraph (1) shall not apply to any authorized 
                intelligence, law enforcement, or national security 
                activities of the United States.
                    (C) Exception relating to importation of goods.--
                            (i) In general.--Notwithstanding any other 
                        provision of this section, the authorities and 
                        requirements to impose sanctions under this 
                        section shall not include the authority or a 
                        requirement to impose sanctions on the 
                        importation of goods.
                            (ii) Good defined.--In this subparagraph, 
                        the term ``good'' means any article, natural or 
                        man-made substance, material, supply or 
                        manufactured product, including inspection and 
                        test equipment, and excluding technical data.
    (c) Penalties.--The penalties provided for in subsections (b) and 
(c) of section 206 of the International Emergency Economic Powers Act 
(50 U.S.C. 1705) shall apply to a person that violates, attempts to 
violate, conspires to violate, or causes a violation of regulations 
promulgated to carry out this section or the sanctions imposed pursuant 
to this section to the same extent that such penalties apply to a 
person that commits an unlawful act described in section 206(a) of that 
Act.
    (d) Implementation Authority.--The President may exercise all 
authorities provided to the President under sections 203 and 205 of the 
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section.
    (e) Regulatory Authority.--The President shall, not later than 10 
days after the date of the enactment of this Act, promulgate 
regulations as necessary for the implementation of this section.
    (f) Repeal of National Interest Waiver Under Protecting Europe's 
Energy Security Act of 2019.--Section 7503 of the Protecting Europe's 
Energy Security Act of 2019 (title LXXV of Public Law 116-92; 22 U.S.C. 
9526 note) is amended--
            (1) in subsection (a)(1)(C), by striking ``subsection (i)'' 
        and inserting ``subsection (h)'';
            (2) by striking subsection (f);
            (3) by redesignating subsections (g) through (k) as 
        subsections (f) through (j), respectively; and
            (4) in subsection (i), as redesignated by paragraph (3), by 
        striking ``subsection (h)'' and inserting ``subsection (g)''.

SEC. 6. REPORT ON PERSONAL WEALTH OF VLADIMIR PUTIN AND HIS FAMILY 
              MEMBERS.

    (a) In General.--Not later than 120 days after the date of the 
enactment of this Act, the President shall submit to the appropriate 
congressional committees a report on the estimated net worth and known 
sources of income of Vladimir Putin and his family members, as well as 
of Alina Kabaeva, including assets, investments, other business 
interests, and relevant beneficial ownership information.
    (b) Form.--
            (1) In general.--The report required by subsection (a) 
        shall be submitted in unclassified form, and may not include a 
        classified annex.
            (2) Public availability of information.--The report 
        required by subsection (a) shall be made available on a 
        publicly available internet website of the Federal Government.

SEC. 7. DETERMINATION RELATING TO IMPOSITION OF SANCTIONS AGAINST 
              CERTAIN RUSSIAN PERSONS AND FORMER RUSSIAN OFFICIALS.

    (a) Determination With Respect to Imposition of Sanctions.--Not 
later than 30 days after the date of the enactment of this Act, the 
President shall submit to the appropriate congressional committees a 
determination, including a detailed justification, of whether any 
person listed in subsection (b) meets the criteria for the imposition 
of sanctions pursuant to section 1263(b) of the Global Magnitsky Human 
Rights Accountability Act (subtitle F of title XII of Public Law 114-
328; 22 U.S.C. 2656).
    (b) Persons Listed.--The persons listed in this subsection, which 
include Russian persons and current and former Russian officials, are 
the following:
            (1) Roman Abramovich, businessman.
            (2) Denis Bortnikov, Deputy President and Chairman of the 
        Management Board of VTB Bank.
            (3) Andrey Kostin, President and Chairman of the Management 
        Board of VTB Bank.
            (4) Dmitry Patrushev, Minister of Agriculture.
            (5) Igor Shuvalov, Chairman of the State Development 
        Corporation VEB.
            (6) Alisher Usmanov, businessman.
            (7) Oleg Deripaska, businessman.
            (8) Alexei Miller, Chairman of the Management Committee of 
        Gazprom.
            (9) Igor Sechin, Chairman of the Management Board of 
        Rosneft.
            (10) Gennady Timchenko, businessman.
            (11) Nikolai Tokarev, Chairman of Transneft.
            (12) Andrey Vorobyev, Governor of the Moscow Region XIII.
            (13) Mikhail Murashko, Minister of Health.
            (14) Vladimir Solovyev, media personality.
            (15) Alexander Bastrykin, Head of the Investigative 
        Committee.
            (16) Alexander Bortnikov, Director of the Federal Security 
        Service (FSB).
            (17) Konstantin Ernst, Chief Executive Officer 25 of 
        Channel One TV station.
            (18) Victor Gavrilov, Head of the Department of Transport 
        of the Economic Security Service.
            (19) Dmitry Ivanov, Head of Chelyabinsk FSB.
            (20) Alexander Kalashnikov, Director of the Federal 
        Penitentiary Service (FSIN).
            (21) Sergei Kirienko, First Deputy Head of the Presidential 
        Administration.
            (22) Elena Morozova, Judge of Khimki District Court.
            (23) Denis Popov, Chief Prosecutor of Moscow.
            (24) Margarita Simonyan, Editor-in-Chief of RT.
            (25) Igor Yanchuk, Head of the Khimki Police Department.
            (26) Victor Zolotov, Director of the National Guard.
            (27) Alexander Beglov, Governor of St. Petersburg.
            (28) Yuri Chaika, former Prosecutor General.
            (29) Andrei Kartapolov, Deputy Defense Minister.
            (30) Pavel Krasheninnikov, Parliamentarian and former 
        Justice Minister.
            (31) Mikhail Mishustin, Prime Minister of Russia.
            (32) Ella Pamfilova, Head of Central Electoral 2 
        Commission.
            (33) Dmitry Peskov, Presidential Press Secretary.
            (34) Sergei Sobyanin, Mayor of Moscow.
            (35) Anton Vaino, Head of the Presidential Administration.

SEC. 8. IMPOSITION OF SANCTIONS ON KLEPTOCRATS AND SENIOR POLITICAL 
              FIGURES OF THE RUSSIAN FEDERATION.

    (a) In General.--Not later than 30 days after the date of the 
enactment of this Act, the President shall impose sanctions under 
subsection (b) with respect to--
            (1) any person in the Russian Federation involved in 
        kleptocracy and participating or aiding or assisting in the 
        Government of the Russian Federation's subversive activity 
        against the United States democratic institutions and 
        interests, or any person within the Government of the Russian 
        Federation involved in furthering the Russian Federation's 
        subversive activity against the United States democratic 
        institutions and interests;
            (2) any person, or network of persons, involved in 
        assisting the Government of the Russian Federation's campaign 
        of disinformation against the United States; and
            (3) any person who is an adult family member, including a 
        spouse or adult child, of a person who has engaged in an 
        activity described in paragraph (1) or (2).
    (b) Sanctions Described.--
            (1) In general.--The sanctions described in this subsection 
        are the following:
                    (A) Blocking of property.--The President shall 
                exercise all of the powers granted to the President 
                under the International Emergency Economic Powers Act 
                (50 U.S.C. 1701 et seq.) to the extent necessary to 
                block and prohibit all transactions in property and 
                interests in property of the foreign person if such 
                property and interests in property are in the United 
                States, come within the United States, or are or come 
                within the possession or control of a United States 
                person.
                    (B) Aliens ineligible for visas, admission, or 
                parole.--
                            (i) Visas, admission, or parole.--An alien 
                        who the Secretary of State or the Secretary of 
                        Homeland Security (or a designee of one of such 
                        Secretaries) knows, or has reason to believe, 
                        has knowingly engaged in any activity described 
                        in subsection (a) is--
                                    (I) inadmissible to the United 
                                States;
                                    (II) ineligible to receive a visa 
                                or other documentation to enter the 
                                United States; and
                                    (III) otherwise ineligible to be 
                                admitted or paroled into the United 
                                States or to receive any other benefit 
                                under the Immigration and Nationality 
                                Act (8 U.S.C. 1101 et seq.).
                            (ii) Current visas revoked.--
                                    (I) In general.--The issuing 
                                consular officer, the Secretary of 
                                State, or the Secretary of Homeland 
                                Security (or a designee of one of such 
                                Secretaries) shall, in accordance with 
                                section 221(i) of the Immigration and 
                                Nationality Act (8 U.S.C. 1201(i)), 
                                revoke any visa or other entry 
                                documentation issued to an alien 
                                described in clause (i) regardless of 
                                when the visa or other entry 
                                documentation is issued.
                                    (II) Effect of revocation.--A 
                                revocation under subclause (I) shall 
                                take effect immediately and shall 
                                automatically cancel any other valid 
                                visa or entry documentation that is in 
                                the alien's possession.
            (2) Exceptions.--
                    (A) United nations headquarters agreement.--The 
                sanctions described under paragraph (1)(B) shall not 
                apply with respect to an alien if admitting or paroling 
                the alien into the United States is necessary to permit 
                the United States to comply with the Agreement 
                regarding the Headquarters of the United Nations, 
                signed at Lake Success June 26, 1947, and entered into 
                force November 21, 1947, between the United Nations and 
                the United States, or other applicable international 
                obligations.
                    (B) Exception for intelligence, law enforcement, 
                and national security activities.--Sanctions under 
                paragraph (1) shall not apply to any authorized 
                intelligence, law enforcement, or national security 
                activities of the United States.
                    (C) Exception relating to importation of goods.--
                            (i) In general.--Notwithstanding any other 
                        provision of this section, the authorities and 
                        requirements to impose sanctions under this 
                        section shall not include the authority or a 
                        requirement to impose sanctions on the 
                        importation of goods.
                            (ii) Good defined.--In this subparagraph, 
                        the term ``good'' means any article, natural or 
                        man-made substance, material, supply or 
                        manufactured product, including inspection and 
                        test equipment, and excluding technical data.
    (c) Penalties.--The penalties provided for in subsections (b) and 
(c) of section 206 of the International Emergency Economic Powers Act 
(50 U.S.C. 1705) shall apply to a person that violates, attempts to 
violate, conspires to violate, or causes a violation of regulations 
promulgated to carry out this section or the sanctions imposed pursuant 
to this section to the same extent that such penalties apply to a 
person that commits an unlawful act described in section 206(a) of that 
Act.
    (d) Implementation Authority.--The President may exercise all 
authorities provided to the President under sections 203 and 205 of the 
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section.
    (e) Regulatory Authority.--The President shall, not later than 30 
days after the date of the enactment of this Act, promulgate 
regulations as necessary for the implementation of this section.
    (f) Determination Required.--
            (1) In general.--Not later than 60 days after the date of 
        the enactment of this Act, the President shall issue a 
        determination, including a detailed justification, as to 
        whether any of the persons described in paragraph (2) meet the 
        criteria for the imposition of sanctions pursuant to--
                    (A) this section;
                    (B) section 1263(b) of the Global Magnitsky Human 
                Rights Accountability Act (subtitle F of title XII of 
                Public Law 114-328; 22 U.S.C. 2656);
                    (C) Executive Order No. 13660 (79 Fed. Reg. 13493; 
                relating to blocking property of certain persons 
                contributing to the situation in Ukraine); or
                    (D) Executive Order No. 13661 (79 Fed. Reg. 15535; 
                relating to blocking property of additional persons 
                contributing to the situation in Ukraine), Executive 
                Order No. 13662 (79 Fed. Reg. 16169; relating to 
                blocking property of additional persons contributing to 
                the situation in Ukraine).
            (2) Persons described.--The persons described in this 
        paragraph are the following:
                    (A) Vladimir Putin, the President of the Russian 
                Federation.
                    (B) Each member of the cabinet of the Russian 
                Federation.
                    (C) Mikhail Fridman and Petr Aven, principals of 
                Alfa Group.
                    (D) Iskander Makhmudov and Andrey Bokarev, 
                principals of Transmashholding and other companies.
                    (E) Dmitry Rybolovlev, former principal of Uralkali 
                and currently an owner of the Monaco football club and 
                multiple other assets in the West.
                    (F) Mikhail Gutseriev, who runs oil and potash 
                businesses for the benefit of President of Belarus 
                Alexander Lukashenka.
                    (G) Ruben Vardanyan, former principal of Troika 
                Dialog and sponsor of Skolkovo school.
                    (H) Alexander Vinokurov, son-in-law of Foreign 
                Minister of the Russian Federation Sergey Lavrov, and 
                principal of Marathon Group.

SEC. 9. IMPOSITION OF SANCTIONS ON STATE DEVELOPMENT CORPORATIONS IN 
              THE RUSSIAN FEDERATION.

    (a) In General.--Not later than 30 days after the date of the 
enactment of this Act, the President shall impose sanctions under 
subsection (b) with respect to--
            (1) any entity that is a state development corporation in 
        the Russian Federation; and
            (2) any official of an entity described in paragraph (1).
    (b) Sanctions Described.--
            (1) In general.--The sanctions described in this subsection 
        are the following:
                    (A) Blocking of property.--The President shall 
                exercise all of the powers granted to the President 
                under the International Emergency Economic Powers Act 
                (50 U.S.C. 1701 et seq.) to the extent necessary to 
                block and prohibit all transactions in property and 
                interests in property of the entity if such property 
                and interests in property are in the United States, 
                come within the United States, or are or come within 
                the possession or control of a United States person.
                    (B) Aliens ineligible for visas, admission, or 
                parole.--
                            (i) Visas, admission, or parole.--An alien 
                        who the Secretary of State or the Secretary of 
                        Homeland Security (or a designee of one of such 
                        Secretaries) knows, or has reason to believe, 
                        has knowingly engaged in any activity described 
                        in subsection (a) is--
                                    (I) inadmissible to the United 
                                States;
                                    (II) ineligible to receive a visa 
                                or other documentation to enter the 
                                United States; and
                                    (III) otherwise ineligible to be 
                                admitted or paroled into the United 
                                States or to receive any other benefit 
                                under the Immigration and Nationality 
                                Act (8 U.S.C. 1101 et seq.).
                            (ii) Current visas revoked.--
                                    (I) In general.--The issuing 
                                consular officer, the Secretary of 
                                State, or the Secretary of Homeland 
                                Security (or a designee of one of such 
                                Secretaries) shall, in accordance with 
                                section 221(i) of the Immigration and 
                                Nationality Act (8 U.S.C. 1201(i)), 
                                revoke any visa or other entry 
                                documentation issued to an alien 
                                described in clause (i) regardless of 
                                when the visa or other entry 
                                documentation is issued.
                                    (II) Effect of revocation.--A 
                                revocation under subclause (I) shall 
                                take effect immediately and shall 
                                automatically cancel any other valid 
                                visa or entry documentation that is in 
                                the alien's possession.
            (2) Exceptions.--
                    (A) UN headquarters agreement.--The sanctions 
                described under paragraph (1)(B) shall not apply with 
                respect to an alien if admitting or paroling the alien 
                into the United States is necessary to permit the 
                United States to comply with the Agreement regarding 
                the Headquarters of the United Nations, signed at Lake 
                Success June 26, 1947, and entered into force November 
                21, 1947, between the United Nations and the United 
                States, or other applicable international obligations.
                    (B) Exception for intelligence, law enforcement, 
                and national security activities.--Sanctions under 
                paragraph (1) shall not apply to any authorized 
                intelligence, law enforcement, or national security 
                activities of the United States.
                    (C) Exception relating to importation of goods.--
                            (i) In general.--Notwithstanding any other 
                        provision of this section, the authorities and 
                        requirements to impose sanctions under this 
                        section shall not include the authority or a 
                        requirement to impose sanctions on the 
                        importation of goods.
                            (ii) Good defined.--In this subparagraph, 
                        the term ``good'' means any article, natural or 
                        man-made substance, material, supply or 
                        manufactured product, including inspection and 
                        test equipment, and excluding technical data.
    (c) Penalties.--The penalties provided for in subsections (b) and 
(c) of section 206 of the International Emergency Economic Powers Act 
(50 U.S.C. 1705) shall apply to a person that violates, attempts to 
violate, conspires to violate, or causes a violation of regulations 
promulgated to carry out this section or the sanctions imposed pursuant 
to this section to the same extent that such penalties apply to a 
person that commits an unlawful act described in section 206(a) of that 
Act.
    (d) Implementation Authority.--The President may exercise all 
authorities provided to the President under sections 203 and 205 of the 
International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) 
for purposes of carrying out this section.
    (e) Regulatory Authority.--The President shall, not later than 30 
days after the date of the enactment of this Act, promulgate 
regulations as necessary for the implementation of this section.
    (f) Determination Required.--Not later than 60 days after the date 
of the enactment of this Act, the President shall issue a 
determination, including a detailed justification, as to whether 
Vnesheconombank (VEB), a state development corporation in the Russian 
Federation, or any official of VEB meets the criteria for the 
imposition of sanctions pursuant to this section.

SEC. 10. FUNDING LIMITATION ON CYBER DIALOGUE WITH THE RUSSIAN 
              FEDERATION.

    Notwithstanding any other provision of law, no funds may be 
obligated or expended on a cyber dialogue with the Russian Federation 
until the President certifies to the appropriate congressional 
committees that cyber attacks from Russian entities and individuals 
against the United States have ceased.

SEC. 11. FUNDING LIMITATION ON ARMS CONTROL NEGOTIATIONS OR THE 
              STRATEGIC STABILITY DIALOGUE WITH THE RUSSIAN FEDERATION.

    Notwithstanding any other provision of law, no funds may be 
obligated or expended on arms control negotiations or on Strategic 
Stability dialogue with the Russian Federation until the President 
certifies to the appropriate congressional committees that the Russian 
Federation has completely, fully, and verifiably withdrawn all forces, 
including proxy forces, from Ukraine and has reversed its illegal 
annexation of Crimea.

SEC. 12. APPROPRIATE CONGRESSIONAL COMMITTEES DEFINED.

    In this Act, the term ``appropriate congressional committees'' 
means--
            (1) the Committee on Foreign Affairs, the Committee on 
        Armed Services, and the Committee on Financial Services of the 
        House of Representatives; and
            (2) the Committee on Foreign Relations, the Committee on 
        Armed Services, and the Committee on Banking, Housing, and 
        Urban Affairs of the Senate.
                                 <all>
Putin Accountability Act
To impose sanctions with respect to the Russian Federation, and for other purposes.
Putin Accountability Act
Rep. Banks, Jim