[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7596 Introduced in House (IH)]
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117th CONGRESS
2d Session
H. R. 7596
To provide for the use of seized Russian assets to provide support to
citizens of Ukraine who have been made refugees as a result of the
illegal invasion of Ukraine by the Russian Federation, and for other
purposes.
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IN THE HOUSE OF REPRESENTATIVES
April 27, 2022
Ms. Kaptur (for herself and Mr. Fitzpatrick) introduced the following
bill; which was referred to the Committee on Foreign Affairs, and in
addition to the Committee on the Judiciary, 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
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A BILL
To provide for the use of seized Russian assets to provide support to
citizens of Ukraine who have been made refugees as a result of the
illegal invasion of Ukraine by the Russian Federation, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Repurposing Elite Luxuries Into
Emergency Funds for Ukraine Act''.
SEC. 2. USE OF SEIZED RUSSIAN ASSETS TO SUPPORT UKRAINIAN REFUGEES.
(a) Deposit of Proceeds of Seized Assets.--Notwithstanding section
524(c) of title 28, United States Code, or any other provision of law,
the Attorney General shall deposit all proceeds resulting from the
liquidation of assets seized as a result of actions taken by the Task
Force KleptoCapture, as announced by the Attorney General on March 2,
2022, into the Ukrainian Relief Fund established under subsection (b).
(b) Ukrainian Relief Fund.--
(1) Establishment.--The Secretary of the Treasury shall
establish an account, to be known as the ``Ukrainian Relief
Fund'', to be available, as provided in advance in
appropriations Acts--
(A) to the Secretary of State for use, in
consultation with the Administrator of the United
States Agency for International Development, as
specified in paragraph (2); and
(B) to the Attorney General for administrative
costs relating to the seizure and liquidation of assets
through the Task Force KleptoCapture.
(2) Use of funds to support ukrainian refugees.--Amounts in
the Ukrainian Relief Fund shall be available to provide support
to the people of Ukraine following the illegal invasion of
Ukraine by the Russian Federation, including--
(A) to promote the security, safety, health, well-
being, and resettlement of Ukrainian refugees;
(B) to support international or nonprofit
organizations engaged in direct efforts to support
Ukrainian refugees;
(C) to support the reconstruction, rehabilitation,
and general recovery of Ukraine in areas no longer
controlled by the Russian Federation, as certified by
the Secretary of State; and
(D) through such other manner as the Secretary
considers appropriate to promote the security, welfare,
and dignity of Ukrainian refugees, the recovery of the
economy of Ukraine, and the general welfare of the
people of Ukraine.
(c) Report Required.--Not later than 180 days after the date of the
enactment of this Act, and on an ongoing basis thereafter, the Attorney
General, the Secretary of State, and the Administrator of the United
States Agency for International Development shall jointly report to
Congress on--
(1) assets seized and liquidated as described in subsection
(a) and deposited into the Ukrainian Relief Fund established
under subsection (b); and
(2) the use of amounts in the Ukrainian Relief Fund to
support Ukrainian refugees and the reconstruction of Ukraine.
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