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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.

12/29/2022, 4:48 PM

Congressional Summary of S 4283

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 FY2022 emergency supplemental appropriations that were provided for assistance in Ukraine.

Current Status of Bill S 4283

Bill S 4283 is currently in the status of Bill Introduced since May 19, 2022. Bill S 4283 was introduced during Congress 117 and was introduced to the Senate on May 19, 2022.  Bill S 4283's most recent activity was Committee on Banking, Housing, and Urban Affairs. Hearings held. as of September 20, 2022

Bipartisan Support of Bill S 4283

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4283

Primary Policy Focus

International Affairs

Potential Impact Areas

- Appropriations
- Conflicts and wars
- Europe
- Foreign aid and international relief
- Foreign property
- Licensing and registrations
- Military operations and strategy
- Russia
- Ukraine

Alternate Title(s) of Bill S 4283

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.

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