Tillis Co-Introduces Russia Sanctions Legislation

Statement

Yesterday, U.S. Senator Thom Tillis (R-NC) and a majority of his Republican colleagues introduced the Never Yielding Europe's Territory (NYET) Act to provide the critical support Ukraine needs to defend itself and deter ongoing Russian aggression, while imposing real costs on the Kremlin for its ongoing and potential future aggression against Ukraine.

"As Russian troops continue to threaten the Ukrainian border with every indication they will invade, it is critical the United States and our NATO allies stand together to punish Putin's latest aggression," said Senator Tillis. "I am proud to co-introduce this legislation that would impose damagingsanctions on Russia and clearly communicate to Putin that these actions are unacceptable. We should not wait for a potential invasion to respond to this threat and do everything in our power to protect our allies and democracy in Europe."

The NYET Act:

Imposes real costs on Russia:

Immediately stops construction of the Nord Stream 2 project and would mandate sanctions on the project without a waiver should Russia invade. Prior to an invasion, the bill suspends sanctions for as long as the German government continues to suspend the certification process.

Sends a clear deterrent message to Putin that an invasion of Ukraine will result in massive economic consequences to Russia's economy, including:

Sanctions on major Russian banks; and

Secondary sanctions on banks that continue business with sanctioned Russian banks.

Sanctions Putin's cronies, enablers, and major banks before Russia further invades Ukraine to ensure Putin pays a price now for hybrid attacks already launched.

Allows any chairman or ranking member of a national security committee to force a determination from the president on whether Russia's aggression against Ukraine constitutes a major escalation and fulfills conditions to trigger sanctions.

Supports Ukraine before, during, and after a Russian escalation:

Provides $500 million in Foreign Military Financing (FMF) for Ukraine, including $250 million in emergency funding, with $100 million for emergency lethal assistance for critical capabilities like air defense, anti-armor, and anti-ship capabilities.

Creates a new Ukraine Resistance Fund to help Ukraine resist attempts to occupy or subjugate any new territory Russia seizes, while sending a clear message to Putin that his military will pay a price for advances into sovereign Ukrainian territory.

Authorizes a new Lend-Lease authority for Ukraine.

Expedites congressional review of arms sales and security assistance to Ukraine.

Counters Russian malign influence and aggression throughout Europe:

Doubles funding for U.S. military exercises in Europe.

Creates a new State Department FMF program for Eastern Europe to help European allies strengthen their own defensive capabilities and incentivize greater burden-sharing.

Boosts funding for State Department efforts to counter Russian disinformation, including the Global Engagement Center, and expands broadcasting by Radio Free Europe/Radio Liberty.

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