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: May 11, 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
Plain-English summary
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
Referred to the House Committee on Foreign Affairs.
Committees of jurisdiction
1