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BillHR 7506 · 119

Decreasing Russian Oil Profits Act of 2026

Introduced
Feb 11, 2026
Cosponsors
7
Traction
0
Last Action
Feb 11, 2026

Bill Summary

Prohibits the importation of Russian oil, and imposes penalties on companies that do so. Requires the President to impose sanctions on entities that help Russia export oil.

Sponsored By

Michael T. McCaul
Republican · Texas · House

Bill Journey

  1. Feb 11, 2026
  3. Feb 11, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects US oil importers and companies that trade with Russia, by forcing them to find alternative oil sources and potentially facing penalties. It also impacts the Russian economy, by limiting its ability to export oil to the US.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
7backers
  • Democratic5
  • Republican2
Cross-party cosponsors5 · 83%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (7)

Show all 2 more

1 more not shown here — see the full list on congress.gov.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Foreign Affairs
IntroducedFeb 11, 2026
Last UpdatedFeb 11, 2026
Latest ActionReferred to the House Committee on Foreign Affairs.
Subjects
  • Economy
  • Climate
  • Military

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.