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Transferring Frozen Russian Oligarch Assets for Ukraine Aid

This act authorizes the Attorney General to transfer proceeds from forfeited Russian oligarch property to the Secretary of State to assist Ukraine. These funds are intended to remediate harms caused by Russian aggression. The authority under this section expires on May 1, 2025.
Key points
Authorizes the transfer of proceeds from forfeited Russian oligarch property to assist Ukraine.
Funds are to be used to remediate harms caused by Russian aggression.
The Attorney General will report semi-annually to Congress on these transfers.
The authority under this act expires on May 1, 2025.
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Expired
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Additional Information
Print number: 117_HR_8156
Sponsor: Rep. Cohen, Steve [D-TN-9]
Process start date: 2022-06-21
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OFFICIAL LEGAL TITLE

Oligarch Assets for Ukrainian Victory Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8156.

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 2022-06-21.

What are the main provisions?

Key points include:

  • Authorizes the transfer of proceeds from forfeited Russian oligarch property to assist Ukraine.
  • Funds are to be used to remediate harms caused by Russian aggression.
  • The Attorney General will report semi-annually to Congress on these transfers.
  • The authority under this act expires on May 1, 2025.
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

Who is the primary sponsor?

The primary sponsor is Rep. Cohen, Steve [D-TN-9].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

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