Asset Seizure for Ukraine Reconstruction Act
USA117th CongressHR-6930| House
| Updated: 4/28/2022
Tom Malinowski
Democratic Representative
New Jersey
Cosponsors (18)
Abigail Davis Spanberger (Democratic)Jim Banks (Republican)David N. Cicilline (Democratic)Chrissy Houlahan (Democratic)Young Kim (Republican)John R. Curtis (Republican)Steve Cohen (Democratic)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Maria Elvira Salazar (Republican)Joe Wilson (Republican)Dean Phillips (Democratic)Ami Bera (Democratic)Peter Meijer (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Jason Crow (Democratic)Susan Wild (Democratic)
Foreign Affairs Committee, Foreign Relations Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Asset Seizure for Ukraine Reconstruction Act This bill establishes a working group to determine the legal mechanisms that may be used to seize assets belonging to certain foreign persons (i.e., individuals and entities) affiliated with Russia's political leadership and addresses related issues. The interagency working group must determine the constitutional mechanisms by which the President may take steps to seize and confiscate assets belonging to any sanctioned foreign person whose wealth is derived through support for or corruption related to the regime of Russian president Vladimir Putin. The working group must report to Congress on certain issues including (1) recommendations to impose additional energy-related sanctions on Russia's government, and (2) any additional authorities the President needs to take steps to seize and confiscate the assets. The President must report to Congress a determination as to whether to expand existing sanctions related to certain Russian government activities to cover additional persons.
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Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Mr. Phillips moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4530-4532)
DEBATE - The House proceeded with forty minutes of debate on H.R. 6930.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H4554-4555)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 8 (Roll no. 130). (text: CR H4530-4531)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
International Affairs
Computer security and identity theftConflicts and warsDiplomacy, foreign officials, Americans abroadEuropeForeign aid and international reliefForeign propertyGovernment ethics and transparency, public corruptionHuman rightsInternet, web applications, social mediaMilitary assistance, sales, and agreementsMilitary operations and strategyNews media and reportingPresidents and presidential powers, Vice PresidentsReconstruction and stabilizationRefugees, asylum, displaced personsRussiaSanctionsSovereignty, recognition, national governance and statusSubversive activitiesUkraine
Asset Seizure for Ukraine Reconstruction Act
USA117th CongressHR-6930| House
| Updated: 4/28/2022
Asset Seizure for Ukraine Reconstruction Act This bill establishes a working group to determine the legal mechanisms that may be used to seize assets belonging to certain foreign persons (i.e., individuals and entities) affiliated with Russia's political leadership and addresses related issues. The interagency working group must determine the constitutional mechanisms by which the President may take steps to seize and confiscate assets belonging to any sanctioned foreign person whose wealth is derived through support for or corruption related to the regime of Russian president Vladimir Putin. The working group must report to Congress on certain issues including (1) recommendations to impose additional energy-related sanctions on Russia's government, and (2) any additional authorities the President needs to take steps to seize and confiscate the assets. The President must report to Congress a determination as to whether to expand existing sanctions related to certain Russian government activities to cover additional persons.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Mr. Phillips moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4530-4532)
DEBATE - The House proceeded with forty minutes of debate on H.R. 6930.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H4554-4555)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 8 (Roll no. 130). (text: CR H4530-4531)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Tom Malinowski
Democratic Representative
New Jersey
Cosponsors (18)
Abigail Davis Spanberger (Democratic)Jim Banks (Republican)David N. Cicilline (Democratic)Chrissy Houlahan (Democratic)Young Kim (Republican)John R. Curtis (Republican)Steve Cohen (Democratic)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Maria Elvira Salazar (Republican)Joe Wilson (Republican)Dean Phillips (Democratic)Ami Bera (Democratic)Peter Meijer (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Jason Crow (Democratic)Susan Wild (Democratic)
Foreign Affairs Committee, Foreign Relations Committee
International Affairs
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Computer security and identity theftConflicts and warsDiplomacy, foreign officials, Americans abroadEuropeForeign aid and international reliefForeign propertyGovernment ethics and transparency, public corruptionHuman rightsInternet, web applications, social mediaMilitary assistance, sales, and agreementsMilitary operations and strategyNews media and reportingPresidents and presidential powers, Vice PresidentsReconstruction and stabilizationRefugees, asylum, displaced personsRussiaSanctionsSovereignty, recognition, national governance and statusSubversive activitiesUkraine