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Updated Mar 12, 2014 - 1:15 pm

Senate bill proposes tough sanctions on Russia

WASHINGTON (AP) — A Senate bill is proposing hard-hitting U.S. sanctions on Russia in a bid to pressure President Vladimir Putin to pull Russian troops out of Crimea.

The legislation would authorize the Obama administration to target Russians responsible for the military takeover of Crimea or aiding Ukrainian corruption.

The Associated Press obtained a copy of the bill Wednesday. The Senate Foreign Relations Committee plans a vote later in the day.

The bill also would enable the United States to make good on a pledge of $1 billion in loan guarantees to Ukraine’s new government. And it would help enhance the lending capacity of the International Monetary Fund, which some House Republicans oppose.

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