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.
About This Bill
Committee
Latest Action · February 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
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