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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 27, 2023
Introduced in Senate
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Plain-English summary
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 FY2023 emergency supplemental appropriations that were provided for assistance in Ukraine.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
2
Cite this page
U.S. Congress. (2026). S. 536: 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.. 118th Congress. Open America. https://openamerica.io/bill/118-S-536/
"S. 536: 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.." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-536/.
S. 536, 118th Cong. (2026), https://openamerica.io/bill/118-S-536/.
[S. 536: 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.](https://openamerica.io/bill/118-S-536/)