Proposal:CAATSA Implementation Act of 2021

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 3322
Type of Legislation	Senate Bill
Congress	117
Status	Archived — 117th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

CAATSA Implementation Act of 2021

This bill requires the President to impose property-blocking sanctions with respect to Nord Stream 2 AG, the entity that operates the Nord Stream 2 pipeline designed to carry natural gas exports from Russia to Germany.

Furthermore, before the President terminates such sanctions or removes the application of these sanctions to a particular person, the President must report to Congress the reasons for such an action and comply with other related requirements. These requirements, which currently apply to certain other sanctions, include (1) requiring specified waiting periods after submitting the report before the President may take the action, and (2) prohibiting the President from taking the action if a joint resolution of disapproval is enacted.

Bill Title

CAATSA Implementation Act of 2021

Linked Goals

• Goal:Promote General Welfare

Steps

• 2021-12-07: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
• 2021-12-07: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.