Bill Overview
Title: Russian Property Theft and Occupation Act of 2022
Description: This bill requires the President to impose sanctions on foreign persons, acting under direct or indirect control of the Russian government, who seize, steal, or confiscate property in Ukraine for political or personal gain. The sanctions include blocking of the individual's U.S. property and ineligibility for U.S. visas, admission, or parole.
Sponsors: Rep. Barr, Andy [R-KY-6]
Target Audience
Population: People acting under Russian government control who seize property in Ukraine
Estimated Size: 20
- The bill specifically targets foreign persons, not Russian citizens specifically, who are acting under the control of the Russian government.
- The sanctions affect those who are involved in property seizure in Ukraine, which may involve individuals engaged specifically in occupations in the Ukrainian territories affected by conflicts or under Russian control, typically regions like Crimea and Eastern Ukraine.
- The sanctions directly involve blocking U.S. property and denying U.S. visas, targeting individuals who have interests or potential interests in traveling to or dealing with the U.S.
- The sanctions could indirectly affect the families and associates of those sanctioned individuals due to their restricted financial and travel capabilities.
Reasoning
- The policy primarily impacts foreign individuals acting on behalf of the Russian government who are involved in property seizures in Ukraine. The direct impact on U.S. citizens is minimal but could indirectly affect certain populations such as Ukrainians living in the U.S. who have family or property in Ukraine, business partners of the sanctioned individuals who reside in the U.S., and legal and sanctions compliance professionals.
- Since the policy involves economic sanctions and travel bans, U.S.-based businesses with ties to affected individuals may experience indirect consequences. These could manifest as frozen transactions, legal complications, and adjustments to business strategies.
- While the core focus is on non-U.S. citizens, routine interactions by companies or individuals with sanctioned persons may require compliance checks and result in minor operational impacts. The distribution includes a flat representation across very few directly impacted U.S.-based segments, but mainly involves a specific legal and compliance sector.
Simulated Interviews
Sanctions Compliance Officer (New York, NY)
Age: 45 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 4/20
Statement of Opinion:
- The policy increases the workload for compliance departments but also strengthens our framework against unethical practices.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Tech Entrepreneur (San Francisco, CA)
Age: 34 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 5.0 years
Commonness: 5/20
Statement of Opinion:
- I think it's necessary to take a stand, but I worry about potential ripple effects on international business.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 8 |
| Year 2 | 7 | 8 |
| Year 3 | 7 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Import/Export Coordinator (Chicago, IL)
Age: 28 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 3.0 years
Commonness: 7/20
Statement of Opinion:
- These sanctions could complicate our business dealings with some partners, but it's manageable.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 6 | 6 |
| Year 20 | 6 | 6 |
Foreign Policy Analyst (Washington, D.C.)
Age: 62 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 20.0 years
Commonness: 3/20
Statement of Opinion:
- These measures are crucial for international justice but should be paired with broader diplomatic efforts.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 9 | 7 |
| Year 20 | 9 | 7 |
Real Estate Developer (Miami, FL)
Age: 50 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 6/20
Statement of Opinion:
- The policy might tighten due diligence processes on international deals.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 7 | 6 |
| Year 20 | 7 | 6 |
Film Producer (Los Angeles, CA)
Age: 40 | Gender: female
Wellbeing Before Policy: 8
Duration of Impact: 1.0 years
Commonness: 10/20
Statement of Opinion:
- Policies like this highlight important issues and potentially increase interest in my work.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
International Law Student (Houston, TX)
Age: 29 | Gender: female
Wellbeing Before Policy: 9
Duration of Impact: 1.0 years
Commonness: 2/20
Statement of Opinion:
- This bill gives me more case studies for my thesis.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 9 | 9 |
| Year 2 | 9 | 9 |
| Year 3 | 9 | 9 |
| Year 5 | 9 | 9 |
| Year 10 | 9 | 9 |
| Year 20 | 9 | 9 |
Civil Rights Activist (Boston, MA)
Age: 55 | Gender: male
Wellbeing Before Policy: 5
Duration of Impact: 8.0 years
Commonness: 2/20
Statement of Opinion:
- While supportive of sanctions in principle, the policy needs stronger enforcement.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 6 | 5 |
| Year 3 | 6 | 5 |
| Year 5 | 7 | 5 |
| Year 10 | 7 | 5 |
| Year 20 | 7 | 5 |
Corporate Risk Manager (Portland, OR)
Age: 36 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 5.0 years
Commonness: 4/20
Statement of Opinion:
- This adds another layer of complexity to my risk assessment protocols.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
International Relations Professor (Seattle, WA)
Age: 47 | Gender: other
Wellbeing Before Policy: 8
Duration of Impact: 1.0 years
Commonness: 3/20
Statement of Opinion:
- This policy provides a contemporary example for class discussions.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Cost Estimates
Year 1: $10000000 (Low: $5000000, High: $15000000)
Year 2: $5000000 (Low: $2500000, High: $10000000)
Year 3: $2000000 (Low: $1000000, High: $4000000)
Year 5: $2000000 (Low: $1000000, High: $4000000)
Year 10: $1000000 (Low: $500000, High: $2000000)
Year 100: $100000 (Low: $50000, High: $200000)
Key Considerations
- Enforcement mechanisms and the accuracy of sanctions lists.
- Potential international legal challenges or diplomatic disputes.
- The focused effect on specific foreign individuals limits broader economic impacts.
- The sanctions may contribute to international pressure on the Russian government, influencing future geopolitical scenarios.