Make Russia Pay Act

Hozzl · 2024-01-18T06:03:12Z

Explore the details of House Bill 892 Make Russia Pay Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on International Affairs. Stay informed on legislative developments.

1/18/2024, 6:03 AM

Congressional Summary of HR 892

Make Russia Pay Act

This bill requires the Department of the Treasury to liquidate all Russian assets seized by the United States and deposit the resulting funds into a Ukrainian Humanitarian Aid Fund established by the bill. Treasury may use the funds to provide assistance to Ukraine, including by providing funding to Ukraine's government for humanitarian and security assistance.

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Current Status of Bill HR 892

Bill HR 892 is currently in the status of Bill Introduced since February 9, 2023. Bill HR 892 was introduced during Congress 118 and was introduced to the House on February 9, 2023. Bill HR 892's most recent activity was Referred to the House Committee on Foreign Affairs. as of February 9, 2023

Bipartisan Support of Bill HR 892

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

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Policy Area and Potential Impact of Bill HR 892

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 892

Make Russia Pay Act

To transfer seized Russian assets to a Ukrainian Humanitarian Aid Fund and to authorize the Secretary of the Treasury to use amounts in the Fund for humanitarian assistance for Ukraine, and for other purposes.