HB5370: Ukraine Reconstruction Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To declare the Russian Federation an Aggressor State and provide for the transfer of blocked assets of such country to the United States to be used for the reconstruction of Ukraine, and for other purposes.
Plain-language summary
This bill would officially declare Russia an aggressor state in connection with its invasion of Ukraine. It would allow the U.S. government to seize frozen Russian assets and use that money to help rebuild Ukraine after the war. The bill also addresses related international affairs matters. The bill was recently introduced in Congress and is in its early stage.
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HB5370: Ukraine Reconstruction Act of 2023