HR9764Referred to Committee

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.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-16
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Bradley Scott Schneider
Bradley Scott Schneider
Democrat · IL · Representative
Votes with party: 96.5% (594 recorded votes)

Full profile: /officials/S001190

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-07-16

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

American companies and individuals would be prohibited from claiming tax credits for any taxes they pay to Russia, meaning they cannot reduce their U.S. tax bills based on Russian tax payments. This change would primarily affect multinational corporations and investors with business operations or assets in Russia. The measure is designed to increase the tax burden on those doing business with Russia.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

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