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.
Ukraine Reconstruction Act of 2023
This bill requires the President to declare Russia an aggressor state and Belarus an affiliated aggressor state and to impose property-blocking sanctions on each. The Department of the Treasury shall transfer such blocked property to an international fund to hold such assets for the reconstruction of Ukraine.
The Department of State shall work with other countries to establish an international compensation tribunal to adjudicate claims presented by Ukraine, including Ukrainian individuals and entities, against Russia and Belarus.
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
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