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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.
3/14/2024, 12:59 PM
Congressional Summary of S 536
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.
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Current Status of Bill S 536
Bill S 536 is currently in the status of Bill Introduced since February 27, 2023. Bill S 536 was introduced during Congress 118 and was introduced to the Senate on February 27, 2023. Bill S 536's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 27, 2023
Bipartisan Support of Bill S 536
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 536
Primary Policy Focus
International AffairsAlternate Title(s) of Bill 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.
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.
Comments
Sponsors and Cosponsors of S 536
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