# Summary of H.R. 10076: Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
This bill imposes comprehensive sanctions against Russia and extends sanctions on Iran. The measure affects Russian government officials, financial institutions, oligarchs, energy companies, and any foreign persons or entities that support Russia's government or military. It also targets countries and companies that help Russia evade existing sanctions. The legislation takes effect 30 days after enactment and includes no specific funding authorization, instead relying on executive authority to implement penalties. The sanctions provisions expire five years after enactment, though the Iran Sanctions Act extension runs through 2031.
Key restrictions include freezing assets of sanctioned individuals and entities, banning Russian securities from U.S. stock exchanges, prohibiting U.S. investment in Russia, blocking uranium imports, imposing tariffs up to 500 percent on all Russian goods, and placing 100 percent tariffs on countries that continue buying Russian oil or gas. The bill also restricts financial institutions from serving sanctioned Russian banks and prohibits U.S. persons from buying Russian government debt. Congress can block any presidential attempt to lift sanctions by voting disapproval within 30 days of the president's termination notice, requiring three-fifths Senate approval to override.