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.

1/1
Status In Committee
Sponsor Steve Daines
Citation 118-S-536
Actions 2
Introduced Feb 27th, 2023
Cosponsors
2
Last Action Feb 27th, 2023
Policy Area
Introduced Senate Feb 27
Senate
House
President
Enacted

Summary

AI Guide

What this bill does

Loading AI analysis…

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 FY2023 emergency supplemental appropriations that were provided for assistance in Ukraine.

Actions

2
Senate
INTRODUCED
INTRODUCED
Feb 27, 2023
ON FLOOR
REFERRED TO COMMITTEE
Version
Font size