David McCormick (R-PA)
Decreasing Russian Oil Profits Act of 2025
A Republican bill with 3 Democratic cosponsors · See all 5 cosponsors
Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill requires the President to impose economic sanctions on foreign individuals and company leaders who buy, import, or help trade crude oil and petroleum products from Russia. The measure allows the President to grant certain exceptions, such as for countries that isolate Russian funds to use only for food and medicine, deposit money into an account to support Ukraine, or provide direct support to Ukraine. Any exceptions will not apply if people help transport Russian oil that is sold above established price caps. The sanctions and related provisions will automatically end five years after the bill becomes law.
Yes
- Scored +8
Does this strengthen ties with allied countries?
The bill reinforces international cooperation against Russian aggression by establishing mechanisms to support Ukraine and sanction illicit trade.
- Scored +5
Does this give the federal government more power?
The legislation grants the executive branch and federal agencies broad authorities to impose international economic sanctions.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Support for Ukraine: Section 2(c)(2)(B) allows exceptions to sanctions if payments per barrel of Russian oil are deposited into an account established to benefit Ukraine. This provides funding to help purchase defense articles and support Ukrainians in response to Russian aggression.
-
Humanitarian Aid Provisions: Section 2(c)(2)(A) permits exceptions for countries that keep Russian oil funds in local accounts restricted solely for purchasing agricultural commodities, food, medicine, and medical devices between Russia and that country. This ensures that essential humanitarian goods can still be acquired.
Potential Negative Impacts for People
- Price Cap Restrictions: Section 2(c)(3) removes exceptions and applies sanctions to maritime transport and service providers if Russian oil is sold for more than the set price cap. This could increase costs or disrupt services for businesses and individuals involved in the shipping and insurance sectors.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- National Security And Foreign Policy
- Does this strengthen ties with allied countries? — The bill reinforces international cooperation against Russian aggression by establishing mechanisms to support Ukraine and sanction illicit trade.
- Governance And Ideology
- Does this give the federal government more power? — The legislation grants the executive branch and federal agencies broad authorities to impose international economic sanctions.
- 3/2/2026
- 2 Cosponsors added.
- 12/16/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 3 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Michael BennetDemocrat · Colorado
Christopher CoonsDemocrat · Delaware
John CurtisRepublican · Utah
Jon HustedRepublican · Ohio
Elizabeth WarrenDemocrat · Massachusetts