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Protecting American Investments in Ukraine from Nationalization

This act aims to protect American companies and investors in Ukraine. It prohibits the use of U.S. funds provided to Ukraine for the nationalization, expropriation, or seizure of assets owned by American entities. This ensures financial and legal security for American investments, safeguarding them from adverse actions by the Ukrainian government.
Key points
Prohibits Ukraine from using U.S. funds for nationalizing American companies and investments.
Protects property rights and shareholder interests of U.S. investors in Ukraine.
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Status:
Expired
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Additional Information
Print number: 118_HR_6682
Sponsor: Rep. Mills, Cory [R-FL-7]
Process start date: 2023-12-07
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Prohibiting Nationalization of American Companies and Investments Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6682.

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 2023-12-07.

What are the main provisions?

Key points include:

  • Prohibits Ukraine from using U.S. funds for nationalizing American companies and investments.
  • Protects property rights and shareholder interests of U.S. investors in Ukraine.
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. Mills, Cory [R-FL-7].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Foreign Affairs.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments