Asset Seizure for Ukraine Reconstruction Act

This bill allows the U.S. government to seize assets from Russian and Belarusian entities linked to Ukraine aggression without court trials, using expanded definitions of eligible property under existing sanctions. It targets assets belonging to sanctioned individuals, property involved in violating export controls (like military equipment transfers), or assets tied to Russia/Belarus's invasion of Ukraine. Seized assets would fund Ukraine's reconstruction, with the law set to expire three years after enactment. The process requires presidential emergency declarations and Attorney General certifications to ensure assets qualify under the defined criteria.