Political Quotes

“Madam Speaker, I yield myself such time as I may consume. Madam Speaker, H.R. 9563, the Protecting Americans from Russian Litigation Act of 2024, is targeted legislation to eliminate a loophole in U.S. law that could allow Russian companies to take advantage of Americans in the United States Federal court system. Under the Biden-Harris administration, the United States has sanctioned thousands of Russians and Russian entities. Agencies across our government, including but not limited to the United States Treasury, the Department of Commerce, and the Office of Foreign Assets Control have worked to make foreign aggression unaffordable for the Russian war machine. Sanctioned Russian entities, for the most part, have little recourse. A Russian company, for example, cannot physically force U.S. software companies to license platforms or provide them with IT services. In some limited situations, however, sanctioned Russian entities could bring suit in the United States Federal court system. The legislation before us today would close that loophole. H.R. 9563 amends title 28 of the United States Code to ensure that U.S. individuals cannot be sued for good faith efforts to comply with U.S. sanctions and export controls. Good faith compliance can include refusal to perform on a purchase contract, the revocation of software credentials, or the freezing of funds of a sanctioned entity, to name a few.…”