[Pages S4465-S4466]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2917. Mr. SCHATZ submitted an amendment intended to be proposed by 
him to the bill S. 2296, to authorize appropriations for fiscal year 
2026 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. REPORT ON IMPACTS OF SANCTIONS ON MILITARIES OF 
                   CERTAIN ADVERSARIES.

       (a) In General.--Not later than one year after the date of 
     the enactment of this Act, the Secretary of Defense, in 
     consultation with the Secretary of State and the Secretary of 
     the Treasury, shall submit to the Committees on Armed 
     Services of the Senate and the House of Representatives a 
     report analyzing the impacts of sanctions imposed by the 
     United States on the armed forces and proxy forces of the 
     Russian Federation and the Islamic Republic of Iran.

[[Page S4466]]

       (b) Elements.--The report required by subsection (a) shall 
     include the following:
       (1) An assessment of how sanctions imposed by the United 
     States have impacted the overall readiness of the armed 
     forces of the Russian Federation and the Islamic Republic of 
     Iran, including how those forces have had to reorganize to 
     address readiness gaps as a result of the sanctions.
       (2) An assessment of--
       (A) the overall health of the domestic defense industrial 
     bases in the Russian Federation and the Islamic Republic of 
     Iran as a result of sanctions imposed by the United States 
     since 2018;
       (B) whether those defense industrial bases can keep up with 
     the demands of the armed forces; and
       (C) military technology areas that have been stunted or 
     halted by the imposition of the sanctions.
       (3) A description of--
       (A) the impacts of sanctions imposed by the United States 
     on the ability of proxy forces of the Russian Federation and 
     the Islamic Republic of Iran to conduct extraterritorial 
     operations; and
       (B) alternative sources of support that those forces have 
     had to incorporate as a result of the imposition of those 
     sanctions.
       (4) The assessment of the Department of Defense with 
     respect to whether sanctions imposed by the United States 
     have had a meaningful effect on deterring Russian or Iranian 
     aggression.
                                 ______