[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 892 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 892
To transfer seized Russian assets to a Ukrainian Humanitarian Aid Fund
and to authorize the Secretary of the Treasury to use amounts in the
Fund for humanitarian assistance for Ukraine, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 9, 2023
Mrs. Bice (for herself, Mr. LaMalfa, Mr. Estes, and Mr. Crenshaw)
introduced the following bill; which was referred to the Committee on
Foreign Affairs
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A BILL
To transfer seized Russian assets to a Ukrainian Humanitarian Aid Fund
and to authorize the Secretary of the Treasury to use amounts in the
Fund for humanitarian assistance for Ukraine, 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 Russia Pay Act''.
SEC. 2. UKRAINIAN HUMANITARIAN AID FUND.
(a) Establishment of Fund.--There is established a fund in the
Department of the Treasury to be called the ``Ukrainian Humanitarian
Aid Fund''.
(b) Use of Seized Russian Assets.--All Russian assets seized by the
United States, including seized Russian Central Bank foreign reserves,
shall be deemed forfeited, and the Secretary of the Treasury shall
liquidate such assets and deposit the resulting funds into the
Ukrainian Humanitarian Aid Fund.
(c) Use of Fund Amounts.--The Secretary of the Treasury may use
amounts in the Ukranian Humanitarian Aid Fund for the following
purposes:
(1) To provide humanitarian relief to Ukrainian refugees
who have fled their homes due to Russian aggression. Such
relief may be made directly to member nations of the European
Union who have taken in refugees from Ukraine.
(2) Funding to the government of Ukraine to provide
humanitarian assistance to its citizens who remain in Ukraine
and security assistance, including--
(A) funding to provide food, clothing, shelter,
medical assistance, and other forms of relief the
Secretary determines to be appropriate;
(B) funding to rebuild damaged or destroyed
infrastructure; and
(C) security assistance funding needed to defend
from Russian aggression, where the determination of the
amount of such funding is made jointly by the Secretary
of the Treasury and the Secretary of Defense.
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