RESCUE Act

The RESCUE Act directs the President to develop a strategy for reducing United States reliance on Russian nuclear energy and assisting allies in ending their dependence on Rosatom. It mandates sanctions against foreign entities owned or controlled by the Russian government that operate in the nuclear energy sector, blocking transactions involving their property within the United States. The legislation includes exceptions for medical isotopes, humanitarian aid, and UN activities, with the sanctions authority set to expire seven years after enactment. Additionally, the bill requires the President to submit annual strategies and reports to Congress regarding the implementation of these measures and the status of the US-Russia nuclear cooperation agreement.