S3513Referred to Committee

Decreasing Russian Oil Profits Act of 2025

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-16
Introduced
5
Cosponsors
S
ⓘ
Type

Sponsor

David McCormick
David McCormick
Republican · PA · Senator
Votes with party: 35.2% (315 recorded votes)

Full profile: /officials/M001243

Source: Congress.gov · FEC

Cosponsors (5)

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 →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-12-16

Source: Congress.gov

Plain-English Summary

This bill would likely impose new trade restrictions or financial penalties on Russian oil exports to reduce revenue flowing to Russia's government, particularly in response to its military actions. The measures could include sanctions on companies that buy or transport Russian oil, or requirements for the U.S. and its allies to reduce their dependence on Russian energy. The policy would affect oil prices, energy companies, and consumers who rely on global oil markets.

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.

Subjects

Foreign Trade and International Finance
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.