HR 5334 · Passed Senate · 08-10-26
Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
What does the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 do?
HR 5334 is a House bill sponsored by Rep. Jimmy Panetta (D-CA). The Senate replaced this bill, which the House passed as an early-childhood educator tax deduction, with the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. It directs the President to sanction Russian government officials, military leaders, state banks, and energy companies, block their U.S. assets, impose tariffs of up to 500% on Russian goods and up to 100% on countries that keep buying Russian oil or gas, and extend the Iran Sanctions Act of 1996 to 2031.
Did HR 5334 pass? Where it stands
As of August 24, 2026, HR 5334 has passed the Senate.
Status: Passed Senate
Latest vote: Senate Bill Passed 86–11 on August 7, 2026
Outlook: Likely
Key provisions
- Russia Sanctions Regime
- Blocks assets and revokes U.S. visas for Russian officials and military chiefs
- Sanctions the Central Bank, Sberbank, and Gazprombank
- Targets shadow-fleet tankers moving Russian oil and their insurers
- Tariffs and Energy Bans
- Up to 500% duty on all goods imported from Russia
- Up to 100% duty on countries buying Russian oil or gas
- Bans Russian uranium imports and new U.S. energy investment in Russia
- Iran Extension, Waivers, and Sunset
- Extends the Iran Sanctions Act of 1996 from 2026 to 2031
- Russia sanctions expire 5 years after enactment
- President may waive or lift sanctions, subject to a congressional veto
Last updated August 12, 2026