Make Russia Pay Act This bill requires the Department of the Treasury to liquidate all Russian assets seized by the United States and deposit the resulting funds into a Ukrainian Humanitarian Aid Fund established by the bill. Treasury may use the funds to provide assistance to Ukraine, including by providing funding to Ukraine's government for humanitarian and security assistance.
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Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Introduced in House
Referred to the House Committee on Foreign Affairs.
International Affairs
Conflicts and warsEuropeEuropean UnionForeign aid and international reliefForeign and international bankingForeign propertyGovernment trust fundsMilitary assistance, sales, and agreementsMilitary operations and strategyReconstruction and stabilizationRefugees, asylum, displaced personsRussiaSanctionsUkraine
Make Russia Pay Act
USA117th CongressHR-7083| House
| Updated: 3/15/2022
Make Russia Pay Act This bill requires the Department of the Treasury to liquidate all Russian assets seized by the United States and deposit the resulting funds into a Ukrainian Humanitarian Aid Fund established by the bill. Treasury may use the funds to provide assistance to Ukraine, including by providing funding to Ukraine's government for humanitarian and security assistance.
Conflicts and warsEuropeEuropean UnionForeign aid and international reliefForeign and international bankingForeign propertyGovernment trust fundsMilitary assistance, sales, and agreementsMilitary operations and strategyReconstruction and stabilizationRefugees, asylum, displaced personsRussiaSanctionsUkraine