This bill would prohibit the U.S. government from providing any funding to Ukraine that could be used to nationalize, seize, or restrict American companies' or investors' assets and property located in Ukraine. The legislation would apply to all federal funds appropriated before or after the bill's enactment, effectively blocking aid money from being used for Ukrainian government takeovers of U.S.-owned businesses or investments. The bill affects American investors and companies with operations or holdings in Ukraine, as well as the federal government's ability to direct aid to Ukraine without restrictions on how the country handles U.S. assets. There is no specific funding amount mentioned in the bill, as it functions as a restriction on existing and future appropriations rather than a new funding measure. The bill was introduced in December 2023 and referred to the House Committee on Foreign Affairs.
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