Skip to main content
S 3838 117th Congress Senate International Affairs Computer security and identity theft Conflicts and wars Diplomacy, foreign officials, Americans abroad Europe Foreign aid and international relief Foreign property Government ethics and transparency, public corruption Human rights Internet, web applications, social media Licensing and registrations Military assistance, sales, and agreements Military operations and strategy Presidents and presidential powers, Vice Presidents Reconstruction and stabilization Refugees, asylum, displaced persons Russia Sanctions Social work, volunteer service, charitable organizations Subversive activities

Asset Seizure for Ukraine Reconstruction Act

Introduced: March 15, 2022 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 15, 2022
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Asset Seizure for Ukraine Reconstruction Act

This bill authorizes the President to confiscate the property of certain foreign persons (i.e., individuals or entities) that derive wealth through political support for or corruption linked to Russian President Vladimir Putin. The President may also liquidate the confiscated property and use the resulting funds to provide assistance to Ukraine.

Specifically, upon a declaration of a national emergency relating to Russia's invasion of Ukraine, the President may confiscate the property of such a person if (1) the property is valued at more than $2 million; and (2) the person is subject to U.S. sanctions relating to corruption, human rights violations, Russia's malign influence, or conflicts in Ukraine.

What's happening now March 15, 2022

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 2 Republican 3
R
Daines, Steve
Montana · May 11, 2022
 D
Rosen, Jacky
Nevada · May 11, 2022
 D
Blumenthal, Richard
Connecticut · Mar 15, 2022
 R
Graham, Lindsey
South Carolina · Mar 15, 2022
 R
Wicker, Roger F.
Mississippi · Mar 15, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3838: Asset Seizure for Ukraine Reconstruction Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3838/
MLA
"S. 3838: Asset Seizure for Ukraine Reconstruction Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3838/.
Bluebook (legal)
S. 3838, 117th Cong. (2026), https://openamerica.io/bill/117-S-3838/.
Markdown link
[S. 3838: Asset Seizure for Ukraine Reconstruction Act](https://openamerica.io/bill/117-S-3838/)
Report a problem