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Asset Seizure for Ukraine Reconstruction and New Sanctions

This act aims to enable the confiscation of assets from individuals linked to the Putin regime who have been sanctioned. These funds are intended to support Ukraine, including reconstruction, humanitarian aid, and refugee assistance. Citizens may feel an indirect impact through strengthened U.S. foreign policy and support for international stability.
Key points
The U.S. President can confiscate assets over $2 million belonging to Russian energy companies or individuals supporting the Putin regime, who are under sanctions.
Confiscated funds are to be used for Ukraine's reconstruction, humanitarian aid, support for Ukrainian security forces, and refugee assistance.
The act establishes a working group to determine constitutional mechanisms for asset seizure and expands sanctions on members of the Russian Parliament.
article Official text account_balance Process page
VOTING RESULTS
2022-04-27
98%
For 417
Against 8
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6930
Sponsor: Rep. Malinowski, Tom [D-NJ-7]
Process start date: 2022-03-03
Voting date: 2022-04-27
Meeting no: 2
Voting no: 130
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Asset Seizure for Ukraine Reconstruction Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6930.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-03.

What are the main provisions?

Key points include:

  • The U.S. President can confiscate assets over $2 million belonging to Russian energy companies or individuals supporting the Putin regime, who are under sanctions.
  • Confiscated funds are to be used for Ukraine's reconstruction, humanitarian aid, support for Ukrainian security forces, and refugee assistance.
  • The act establishes a working group to determine constitutional mechanisms for asset seizure and expands sanctions on members of the Russian Parliament.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Malinowski, Tom [D-NJ-7].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 8 (Roll no. 130). (text: CR H4530-4531)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Courts and Law Economy Security