A bill to authorize the confiscation of assets of the Russian Federation and the use of such assets to offset costs to the United States of assistance to Ukraine.
This bill requires the President to seize Russian government funds that are subject to U.S. jurisdiction. The confiscated funds must be deposited in the Treasury to offset the costs of FY2022 emergency supplemental appropriations that were provided for assistance in Ukraine.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
International Affairs
AppropriationsConflicts and warsEuropeForeign aid and international reliefForeign propertyLicensing and registrationsMilitary operations and strategyRussiaUkraine
A bill to authorize the confiscation of assets of the Russian Federation and the use of such assets to offset costs to the United States of assistance to Ukraine.
USA117th CongressS-4283| Senate
| Updated: 9/20/2022
This bill requires the President to seize Russian government funds that are subject to U.S. jurisdiction. The confiscated funds must be deposited in the Treasury to offset the costs of FY2022 emergency supplemental appropriations that were provided for assistance in Ukraine.
AppropriationsConflicts and warsEuropeForeign aid and international reliefForeign propertyLicensing and registrationsMilitary operations and strategyRussiaUkraine