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Ukraine Support, Russia Sanctions, and Reconstruction Funding Authorization

This act authorizes long-term military and financial aid for Ukraine while imposing severe economic sanctions on Russia, including a 500% tariff on imports. It also establishes insurance mechanisms for businesses and directs funds from taxes on blocked Russian assets toward Ukraine's reconstruction efforts.
Key points
Extension of Lend-Lease authority through 2028 and authorization of $8 billion in direct loans for Ukraine and NATO allies.
Imposition of a 500% duty on Russian goods and a 100% tax on capital gains from blocked Russian sovereign assets.
Enhancement of energy security through US-European nuclear cooperation to reduce reliance on Russian energy.
Sanctions targeting individuals involved in kidnapping Ukrainian children and Russia-North Korea military cooperation.
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Status:
Introduced
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Additional Information
Ukraine Support Act
Print number: HR 2913
Sponsor: Rep. Meeks, Gregory W. [D-NY-5]
Process start date: 2025-04-14