Make Putin Pay Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R McCormickSponsor

No cosponsors.

What it does: CRS summary · Introduced in House · Oct 11, 2023

Make Putin Pay Act

This bill authorizes the Department of the Treasury to seize and confiscate assets subject to the jurisdiction of the United States that are (1) blocked due to the imposition of sanctions on persons linked to Russian President Putin, or (2) Russian sovereign assets or owned by the Russian central bank. Proceeds from the sale of seized or confiscated assets will be made available to reimburse the United States for expenses related to the Russia-Ukraine conflict.

Treasury must periodically report to Congress on the amount of proceeds obtained from the sale of seized and confiscated assets.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Make Putin Pay Act

Latest action (Oct 25, 2023): Referred to the House Committee on Foreign Affairs.

Policy area: International Affairs · Origin: House · Introduced: Oct 11, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.