HR 7077 United States House · 118th Congress

To expand the categories of forfeited property available to remediate harms to Ukraine from Russian aggression, and for other purposes.

HR 7077 expands the types of assets blocked under U.S. sanctions that can fund relief for Ukraine harmed by Russian aggression. It allows funds from property forfeited due to sanctions against Russia, Belarus, or entities tied to aggression in Ukraine (including Crimea and Donetsk/Luhansk regions) to be used for remediation. The bill clarifies that eligible property includes assets blocked under sanctions related to Russia’s 2014 annexation of Crimea and 2022 invasion, as well as assets involved in violations of export controls. It requires the Treasury and State Departments to submit a 30-day implementation plan and semiannual reports tracking how these funds are used for Ukraine relief.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
President
Introduced Jan 25, 2024 Last action Jan 25, 2024
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Committee
1
Jan 25, 2024
Committee
Referred to the Committee on the Judiciary, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Jan 25, 2024
Introduced
Introduced in House
lower
1 primary · 3 co-sponsors

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