Supporting Ukraine: Funds, Weapons, and Russian Asset Accountability
This act aims to provide Ukraine with continued financial and military support to defend against aggression. It includes transferring funds from frozen Russian assets and seizing illicit weapons. Additionally, the act seeks to strengthen U.S. and allied security by analyzing Ukraine's experiences.
Key points
Significant financial appropriations ($30 billion) for military assistance to Ukraine, including air defense systems, missiles, artillery, and drones.
Authorization to use frozen Russian sovereign assets and seized illicit weapons for Ukraine's benefit, potentially reducing the burden on U.S. taxpayers.
Increase in the Presidential Drawdown Authority limit for military equipment to Ukraine from $100 million to $6 billion annually.
Establishment of a Ukraine Reconstruction Investment Fund and re-establishment of a task force to hold corrupt Russian oligarchs accountable.
Creation of a task force to analyze Ukraine's wartime lessons to strengthen U.S. and NATO defense, including trilateral cooperation with Ukraine and Taiwan on unmanned defense systems.
Status:
Introduced
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