S. 4283 · 117th Congress
A bill to authorize the confiscation of assets of the Russian Federation and the use of such assets to offset…
Full title
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.
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in Senate · May 19, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: 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.
Latest action (Sep 20, 2022): Committee on Banking, Housing, and Urban Affairs. Hearings held.
Policy area: International Affairs · Origin: Senate · Introduced: May 19, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.