As ordered reported by the House Committee on Foreign Affairs on March 21, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
*
*
Revenues
*
*
*
Increase or Decrease (-) in the Deficit
*
*
*
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
< $2.5 billion
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
Yes, Under Threshold
* = between -$500,000 and $500,000.
Summary
H.R. 7701 would require the Administration to impose sanctions on foreign persons or entities that knowingly assist the construction, maintenance, or repair of any tunnel or bridge connecting the Russian mainland to the Crimean peninsula. The Administration could waive the required sanctions after notifying the Congress of its intent to do so.