[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 4224 Introduced in Senate (IS)]
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117th CONGRESS
2d Session
S. 4224
To require the expenditure of an equal amount on border security as on
the Ukraine Security Assistance Initiative and to confiscate Russian
assets and make such assets available for border security, and for
other purposes.
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IN THE SENATE OF THE UNITED STATES
May 16, 2022
Mr. Cassidy introduced the following bill; which was read twice and
referred to the Committee on the Judiciary
_______________________________________________________________________
A BILL
To require the expenditure of an equal amount on border security as on
the Ukraine Security Assistance Initiative and to confiscate Russian
assets and make such assets available for border security, 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 ``Make Border Security a Priority Act
of 2022''.
SEC. 2. REQUIREMENT TO EXPEND EQUAL AMOUNT ON BORDER SECURITY AS ON
UKRAINE SECURITY ASSISTANCE INITIATIVE.
During fiscal years 2022 and 2023, the Secretary of Homeland
Security shall expend on efforts to enhance security along the southern
land border of the United States an amount that is equal to the amount
appropriated to the Secretary of Defense for the Ukraine Security
Assistance Initiative for that fiscal year.
SEC. 3. CONFISCATION OF ASSETS OF RUSSIAN PERSONS SUBJECT TO SANCTIONS;
USE OF FUNDS FOR BORDER SECURITY.
(a) Confiscation.--
(1) In general.--The President--
(A) may confiscate and vest, through instructions
or licenses or in such other manner as the President
determines appropriate, property described in paragraph
(2);
(B) may liquidate or sell any of such property; and
(C) shall deposit any funds confiscated and vested
under subparagraph (A) and any funds resulting from the
liquidation or sale of property under subparagraph (B)
in the account established under subsection (b).
(2) Property described.--Property described in this
paragraph is funds and other property (including
cryptocurrency)--
(A) of Russian persons subject to sanctions imposed
by the United States; and
(B) subject to the jurisdiction of the United
States.
(3) Vesting.--All right, title, and interest in funds and
other property confiscated under paragraph (1) shall vest in
the Government of the United States.
(b) Establishment of Account for Confiscated Property.--
(1) In general.--The President shall establish a non-
interest-bearing account to consist of the funds deposited into
the account under subsection (a)(1)(C).
(2) Use of funds.--The funds in the account established
under paragraph (1) shall be available, without further
appropriation, to the Secretary of Homeland Security for
physical infrastructure and equipment for U.S. Customs and
Border Protection to enhance security along the southern land
border of the United States as required by section 2.
(c) Russian Person Defined.--In this section, the term ``Russian
person'' means--
(1) an individual who is a citizen or national of the
Russian Federation; or
(2) an entity organized under the laws of the Russian
Federation.
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