Bill

Bill > S4438


US S4438

US S4438
Transferring Illicit Assets to Ukraine Act of 2024


summary

Introduced
06/03/2024
In Committee
06/03/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to expand the categories of forfeited property available to remediate harms to Ukraine from Russian aggression, and for other purposes.

AI Summary

This bill expands the categories of forfeited property available to the U.S. government to remediate harms to Ukraine from Russian aggression. It allows the Attorney General to transfer funds from any forfeiture fund, rather than just the Treasury Forfeiture Fund, to provide assistance to Ukraine. The bill also broadens the types of property that can be forfeited, including property involved in violations of U.S. sanctions or export controls related to Russia, Belarus, Crimea, or the Donetsk and Luhansk regions of Ukraine. The bill requires the Secretary of State to provide regular reports to Congress on the progress made in using these funds to address the harms of Russian aggression toward Ukraine. Additionally, the Attorney General must submit a plan to Congress for using this expanded forfeiture authority.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Read twice and referred to the Committee on Foreign Relations. (on 06/03/2024)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...