HR 7724 117th Congress House International Affairs Bank accounts, deposits, capital Conflicts and wars Congressional oversight Europe Foreign and international banking Foreign property Government liability Military operations and strategy Presidents and presidential powers, Vice Presidents Reconstruction and stabilization Russia Ukraine War and emergency powers

RUSSIA Act

Introduced: September 15, 2022 Introduced by: Morelle, Joseph D. Democratic · New York See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 11, 2022

Referred to the House Committee on Foreign Affairs.

May 11, 2022

Introduced in House

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Plain-English summary Congressional Research Service

Reparations for Ukraine through Sovereign nation Support and Integration Act or the RUSSIA Act

This bill directs the President to seek to enter into an agreement with other countries that have frozen the assets of Russia's central bank to (1) transfer the frozen assets into a single account at an international financial institution, and (2) distribute such assets to provide for the reconstruction of Ukraine after the cessation of hostilities in Ukraine.

What's happening now May 11, 2022

Referred to the House Committee on Foreign Affairs.

Bill text 1 version