PSI Sci
New here? Follow the money and the votes · Not sure of your district? Find your U.S. House member · Find your state legislators

H.R. 7066: Russia and Belarus Financial Sanctions Act of 2022

Before you vote › Federal bills

H.R. 7066: Russia and Belarus Financial Sanctions Act of 2022

117th Congress · introduced 2022-03-11 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-03-11 · official record
  2. Who proposed it: Rep. Sherman, Brad [D-CA-30] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 159 (2022): On Motion to Suspend the Rules and Pass, as Amended, HR7066 (2022-05-11), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Russia and Belarus Financial Sanctions Act of 2022

Plain summary

Russia and Belarus Financial Sanctions Act of 2022 This bill requires a U.S. financial institution to take all necessary and available actions to ensure any entity or person owned or controlled by such institution complies with financial sanctions applicable to Russia or Belarus to the same extent required of that institution.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Russia and Belarus Financial Sanctions Act of 2022

Source: Congressional Research Service summary (Passed House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Sherman, Brad [D-CA-30] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

J. French Hill (R-AR), Sylvia R. Garcia (D-TX)

Sponsor's campaign money: Rep. Sherman, Brad [D-CA-30] reported raising $2.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr7066 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117