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Seized Russian Assets to Fund Ukrainian Refugee Aid

This act aims to redirect funds from the sale of seized luxury assets belonging to Russian oligarchs to assist Ukrainian citizens who have become refugees. These funds will be used to support their safety, health, resettlement, and the reconstruction of Ukraine, directly improving the living conditions of those affected by the conflict.
Key points
Proceeds from seized Russian assets will be deposited into a dedicated Ukrainian Relief Fund.
The fund will support Ukrainian refugees with security, health, well-being, and resettlement.
Some funds will be allocated for the reconstruction of Ukraine in areas no longer controlled by Russia.
Authorities will regularly report to Congress on seized assets and fund utilization.
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Expired
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Additional Information
Print number: 117_S_3936
Sponsor: Sen. Bennet, Michael F. [D-CO]
Process start date: 2022-03-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Repurposing Elite Luxuries Into Emergency Funds for Ukraine Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3936.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-28.

What are the main provisions?

Key points include:

  • Proceeds from seized Russian assets will be deposited into a dedicated Ukrainian Relief Fund.
  • The fund will support Ukrainian refugees with security, health, well-being, and resettlement.
  • Some funds will be allocated for the reconstruction of Ukraine in areas no longer controlled by Russia.
  • Authorities will regularly report to Congress on seized assets and fund utilization.
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 Sen. Bennet, Michael F. [D-CO].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

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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