[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2003 Reported in Senate (RS)]

<DOC>





                                                       Calendar No. 316
118th CONGRESS
  2d Session
                                S. 2003

To authorize the Secretary of State to provide additional assistance to 
 Ukraine using assets confiscated from the Central Bank of the Russian 
 Federation and other sovereign assets of the Russian Federation, and 
                          for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 15, 2023

Mr. Risch (for himself, Mr. Whitehouse, Mr. Blumenthal, Mr. Wicker, Mr. 
     Ricketts, Mr. Graham, Mr. Kelly, Mr. Manchin, Mrs. Britt, Mr. 
    Fetterman, Mr. Grassley, Mr. Bennet, Mr. Braun, Mr. Welch, Mr. 
 Hickenlooper, Mr. Scott of Florida, Mr. Young, Ms. Hirono, Ms. Cortez 
 Masto, Mr. Cruz, Mr. Cornyn, Mrs. Shaheen, and Mr. Coons) introduced 
the following bill; which was read twice and referred to the Committee 
                          on Foreign Relations

                            January 30, 2024

               Reported by Mr. Cardin, with an amendment
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]

_______________________________________________________________________

                                 A BILL


 
To authorize the Secretary of State to provide additional assistance to 
 Ukraine using assets confiscated from the Central Bank of the Russian 
 Federation and other sovereign assets of 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,

<DELETED>SECTION 1. SHORT TITLE; TABLE OF CONTENTS.</DELETED>

<DELETED>    (a) Short Title.--This Act may be cited as the 
``Rebuilding Economic Prosperity and Opportunity for Ukrainians Act'' 
or the ``REPO for Ukrainians Act''.</DELETED>
<DELETED>    (b) Table of Contents.--The table of contents for this Act 
is as follows:</DELETED>

<DELETED>Sec. 1. Short title; table of contents.
  <DELETED>TITLE I--CONFISCATION AND REPURPOSING OF RUSSIAN SOVEREIGN 
                                 ASSETS

<DELETED>Sec. 101. Findings; sense of Congress.
<DELETED>Sec. 102. Sense of Congress regarding importance of the 
                            Russian Federation providing compensation 
                            to Ukraine.
<DELETED>Sec. 103. Prohibition on release of blocked Russian sovereign 
                            assets.
<DELETED>Sec. 104. Authority to ensure compensation to Ukraine using 
                            confiscated Russian sovereign assets.
<DELETED>Sec. 105. International agreement to use Russian sovereign 
                            assets to provide for the reconstruction of 
                            Ukraine.
<DELETED>Sec. 106. Report on use of confiscated Russian sovereign 
                            assets for reconstruction.
<DELETED>Sec. 107. Assessment by Secretary of State and Administrator 
                            of United States Agency for International 
                            Development on reconstruction and 
                            rebuilding needs of Ukraine.
<DELETED>Sec. 108. Exception relating to importation of goods.
<DELETED>Sec. 109. Definitions.
         <DELETED>TITLE II--MULTILATERAL SANCTIONS COORDINATION

<DELETED>Sec. 201. Statement of policy regarding coordination of 
                            multilateral sanctions with respect to the 
                            Russian Federation.
<DELETED>Sec. 202. Assessment of impact of Ukraine-related sanctions on 
                            the economy of the Russian Federation.
<DELETED>Sec. 203. Information on voting practices in the United 
                            Nations with respect to the invasion of 
                            Ukraine by the Russian Federation.

  <DELETED>TITLE I--CONFISCATION AND REPURPOSING OF RUSSIAN SOVEREIGN 
                            ASSETS</DELETED>

<DELETED>SEC. 101. FINDINGS; SENSE OF CONGRESS.</DELETED>

<DELETED>    (a) Findings.--Congress makes the following 
findings:</DELETED>
        <DELETED>    (1) On February 24, 2022, the Government of the 
        Russian Federation violated the sovereignty and territorial 
        integrity of Ukraine by engaging in a premeditated, second 
        illegal invasion of Ukraine.</DELETED>
        <DELETED>    (2) The international community has condemned the 
        illegal invasions of Ukraine by the Russian Federation, as well 
        as the commission of war crimes by the Russian Federation, 
        including through the deliberate targeting of civilians and 
        civilian infrastructure and the commission of sexual 
        violence.</DELETED>
        <DELETED>    (3) The leaders of the G7 have called the Russian 
        Federation's ``unprovoked and completely unjustified attack on 
        the democratic state of Ukraine'' a ``serious violation of 
        international law and a grave breach of the United Nations 
        Charter and all commitments Russia entered in the Helsinki 
        Final Act and the Charter of Paris and its commitments in the 
        Budapest Memorandum''.</DELETED>
        <DELETED>    (4) On March 2, 2022, the United Nations General 
        Assembly adopted Resolution ES-11/1, entitled ``Aggression 
        against Ukraine'', by a vote of 141 to 5. That resolution 
        ``deplore[d] in the strongest terms the aggression by the 
        Russian Federation against Ukraine in violation of Article 2(4) 
        of the [United Nations] Charter'' and demanded that the Russian 
        Federation ``immediately cease its use of force against 
        Ukraine'' and ``immediately, completely and unconditionally 
        withdraw all of its military forces from the territory of 
        Ukraine within its internationally recognized 
        borders''.</DELETED>
        <DELETED>    (5) On March 16, 2022, the International Court of 
        Justice issued provisional measures ordering the Russian 
        Federation to ``immediately suspend the military operations 
        that it commenced on 24 February 2022 in the territory of 
        Ukraine''.</DELETED>
        <DELETED>    (6) On November 14, 2022, the United Nations 
        General Assembly adopted a resolution--</DELETED>
                <DELETED>    (A) recognizing that the Russian 
                Federation must bear the legal consequences of all of 
                its internationally wrongful acts, including making 
                reparation for the injury, including any damage, caused 
                by such acts;</DELETED>
                <DELETED>    (B) recognizing the need for the 
                establishment of an international mechanism for 
                reparation for damage, loss, or injury caused by the 
                Russian Federation in Ukraine; and</DELETED>
                <DELETED>    (C) recommending creation of an 
                international register of such damage, loss, or 
                injury.</DELETED>
        <DELETED>    (7) Under international law, a country that is 
        responsible for an internationally wrongful act is under an 
        obligation to compensate for the damage it has caused if such 
        damage cannot be made good by restitution. The Russian 
        Federation bears such responsibility to compensate Ukraine, and 
        because of this grave breach of international law, all states 
        are legally entitled to take countermeasures that are 
        proportionate and aimed at inducing the Russian Federation to 
        comply with its international obligations, including 
        countermeasures that suspend ordinary international obligations 
        to the Russian Federation, to help enforce the obligation of 
        the Russian Federation to compensate Ukraine.</DELETED>
<DELETED>    (b) Sense of Congress.--It is the sense of Congress that, 
having committed an act of aggression, as recognized by the United 
Nations General Assembly on March 2, 2022, the Russian Federation is to 
be considered as an aggressor state. The extreme illegal actions taken 
by the Russian Federation, including an act of aggression, present a 
unique situation, requiring and justifying the establishment of a legal 
authority to compensate victims of aggression by the Russian Federation 
in Ukraine. In this case, that authority is the authority of the United 
States Government and other countries to confiscate Russian sovereign 
assets in their respective jurisdictions to help enforce the obligation 
of the Russian Federation to compensate Ukraine.</DELETED>

<DELETED>SEC. 102. SENSE OF CONGRESS REGARDING IMPORTANCE OF THE 
              RUSSIAN FEDERATION PROVIDING COMPENSATION TO 
              UKRAINE.</DELETED>

<DELETED>    It is the sense of Congress that--</DELETED>
        <DELETED>    (1) the Russian Federation bears responsibility 
        for the financial burden of the reconstruction of Ukraine and 
        for countless other costs associated with the illegal invasion 
        of Ukraine by the Russian Federation that began on February 24, 
        2022;</DELETED>
        <DELETED>    (2) the full cost of the Russian Federation's 
        unlawful war against Ukraine and the amount of money the 
        Russian Federation must pay Ukraine should be assessed by an 
        international body or mechanism charged with determining 
        compensation and providing assistance to Ukraine;</DELETED>
        <DELETED>    (3) the Russian Federation is now on notice of its 
        opportunity to comply with its international obligations, 
        including compensation, or, by agreement with the government of 
        independent Ukraine, authorize an international body or 
        mechanism to address those outstanding obligations with 
        authority to make binding decisions on parties that comply in 
        good faith;</DELETED>
        <DELETED>    (4) the Russian Federation can, by negotiated 
        agreement, participate in any international process to assess 
        the full cost of the Russian Federation's unlawful war against 
        Ukraine and make funds available to compensate for damage, 
        loss, and injury arising from its internationally wrongful acts 
        in Ukraine, and if it fails to do so, the United States and 
        other countries should explore other avenues for ensuring 
        compensation to Ukraine, including confiscation and repurposing 
        of assets of the Russian Federation;</DELETED>
        <DELETED>    (5) the President should lead robust engagement on 
        all bilateral and multilateral aspects of the response by the 
        United States to efforts by the Russian Federation to undermine 
        the sovereignty and territorial integrity of Ukraine, including 
        on any policy coordination and alignment regarding the 
        disposition of Russian sovereign assets in the context of 
        compensation;</DELETED>
        <DELETED>    (6) the confiscation and repurposing of Russian 
        sovereign assets by the United States is in the vital national 
        security interests of the United States and consistent with 
        United States and international law; and</DELETED>
        <DELETED>    (7) the United States should work with 
        international allies and partners on the confiscation and 
        repurposing of Russian sovereign assets as part of a 
        coordinated, multilateral effort, including with G7 countries 
        and other countries in which Russian sovereign assets are 
        located.</DELETED>

<DELETED>SEC. 103. PROHIBITION ON RELEASE OF BLOCKED RUSSIAN SOVEREIGN 
              ASSETS.</DELETED>

<DELETED>    (a) In General.--No Russian sovereign asset that is 
blocked or immobilized by the Department of the Treasury before the 
date specified in section 104(g) may be released or mobilized until the 
President certifies to the appropriate congressional committees that--
</DELETED>
        <DELETED>    (1) hostilities between the Russian Federation and 
        Ukraine have ceased; and</DELETED>
        <DELETED>    (2)(A) full compensation has been made to Ukraine 
        for harms resulting from the invasion of Ukraine by the Russian 
        Federation; or</DELETED>
        <DELETED>    (B) the Russian Federation is participating in a 
        bona fide international mechanism that, by agreement, will 
        discharge the obligations of the Russian Federation to 
        compensate Ukraine for all amounts determined to be owed to 
        Ukraine.</DELETED>
<DELETED>    (b) Notification.--Not later than 30 days before the 
release or mobilization of a Russian sovereign asset that previously 
had been blocked or immobilized by the Department of the Treasury, the 
President shall submit to the appropriate congressional committees--
</DELETED>
        <DELETED>    (1) a notification of the decision to release or 
        mobilize the asset; and</DELETED>
        <DELETED>    (2) a justification in writing for such release or 
        mobilization.</DELETED>
<DELETED>    (c) Joint Resolution of Disapproval.--</DELETED>
        <DELETED>    (1) In general.--No Russian sovereign asset that 
        previously had been blocked or immobilized by the Department of 
        the Treasury may be released or mobilized if, within 30 days of 
        receipt of the notification and justification required under 
        subsection (b), a joint resolution is enacted prohibiting the 
        proposed release or mobilization.</DELETED>
        <DELETED>    (2) Expedited procedures.--Any joint resolution 
        described in paragraph (1) introduced in either House of 
        Congress shall be considered in accordance with the provisions 
        of section 601(b) of the International Security Assistance and 
        Arms Export Control Act of 1976 (Public Law 94-329; 90 Stat. 
        765), except that any such resolution shall be amendable. If 
        such a joint resolution should be vetoed by the President, the 
        time for debate in consideration of the veto message on such 
        measure shall be limited to 20 hours in the Senate and in the 
        House of Representatives shall be determined in accordance with 
        the Rules of the House.</DELETED>
<DELETED>    (d) Cooperation on Prohibition of Release of Certain 
Russian Sovereign Assets.--The President may take such action as may be 
necessary to seek to obtain an agreement or arrangement between the 
United States, Ukraine, and other countries that have blocked or 
immobilized Russian sovereign assets to prohibit such assets from being 
released or mobilized until an agreement has been reached that 
discharges the Russian Federation from further obligations to 
compensate Ukraine.</DELETED>

<DELETED>SEC. 104. AUTHORITY TO ENSURE COMPENSATION TO UKRAINE USING 
              CONFISCATED RUSSIAN SOVEREIGN ASSETS.</DELETED>

<DELETED>    (a) Reporting on Russian Assets.--</DELETED>
        <DELETED>    (1) Notice required.--Not later than 30 days after 
        the date of the enactment of this Act, the President shall, by 
        means of such instructions or regulations as the President may 
        prescribe, require any United States financial institution at 
        which Russian sovereign assets are located, and that knows or 
        should know of such assets, to provide notice of such assets, 
        including relevant information required under section 
        501.603(b)(ii) of title 31, Code of Federal Regulations (or 
        successor regulations), to the Secretary of the Treasury not 
        later than 10 days after detection of such assets.</DELETED>
        <DELETED>    (2) Report required.--</DELETED>
                <DELETED>    (A) In general.--Not later than 180 days 
                after the date of the enactment of this Act, and 
                annually thereafter for 3 years, the President shall 
                submit to the appropriate congressional committees a 
                report detailing the status of Russian sovereign assets 
                subject to the jurisdiction of the United 
                States.</DELETED>
                <DELETED>    (B) Form.--The report required by 
                subparagraph (A) shall be submitted in unclassified 
                form, but may include a classified annex.</DELETED>
<DELETED>    (b) Confiscation.--</DELETED>
        <DELETED>    (1) In general.--The President may confiscate any 
        Russian sovereign assets subject to the jurisdiction of the 
        United States.</DELETED>
        <DELETED>    (2) Liquidation and deposit.--The President 
        shall--</DELETED>
                <DELETED>    (A) deposit any funds confiscated under 
                paragraph (1) into the Ukraine Support Fund established 
                under subsection (c);</DELETED>
                <DELETED>    (B) liquidate or sell any other property 
                confiscated under paragraph (1) and deposit the funds 
                resulting from such liquidation or sale into the 
                Ukraine Support Fund established under subsection (c); 
                and</DELETED>
                <DELETED>    (C) make all such funds available for the 
                purposes described in subsection (d).</DELETED>
        <DELETED>    (3) Method of confiscation.--The President shall 
        confiscate Russian sovereign assets under paragraph (1) through 
        instructions or licenses or in such other manner as the 
        President determines appropriate.</DELETED>
        <DELETED>    (4) Vesting.--All right, title, and interest in 
        Russian sovereign assets confiscated under paragraph (1) shall 
        vest, if necessary, in the Government of the United States 
        while being held in the Ukraine Support Fund established under 
        subsection (c).</DELETED>
<DELETED>    (c) Establishment of the Ukraine Support Fund.--</DELETED>
        <DELETED>    (1) In general.--The President shall establish a 
        non-interest-bearing account, to be known as the ``Ukraine 
        Support Fund'', to consist of the funds deposited into the 
        account under subsection (b).</DELETED>
        <DELETED>    (2) Use of funds.--The funds in the account 
        established under paragraph (1) shall be available to be used 
        only as specified in subsection (d).</DELETED>
<DELETED>    (d) Use of Confiscated Property.--</DELETED>
        <DELETED>    (1) In general.--Subject to paragraph (2), funds 
        in the Ukraine Support Fund shall be available to the Secretary 
        of State, in consultation with the Administrator of the United 
        States Agency for International Development, for the purpose of 
        compensating Ukraine for damages resulting from the unlawful 
        invasion by the Russian Federation that began on February 24, 
        2022, including through, to the extent possible, the provision 
        of such funds to an international body or mechanism charged 
        with determining compensation and providing assistance to 
        Ukraine, for purposes that include the following:</DELETED>
                <DELETED>    (A) Reconstruction and rebuilding efforts 
                in Ukraine.</DELETED>
                <DELETED>    (B) To provide humanitarian assistance to 
                the people of Ukraine.</DELETED>
                <DELETED>    (C) Such other purposes as the Secretary 
                determines directly and effectively support the 
                recovery of Ukraine and the welfare of the people of 
                Ukraine.</DELETED>
        <DELETED>    (2) Notification.--</DELETED>
                <DELETED>    (A) In general.--The Secretary of State 
                shall notify the appropriate congressional committees 
                not fewer than 15 days before providing any funds from 
                the Ukraine Support Fund to the Government of Ukraine 
                or to any other person or international organization 
                for the purposes described in paragraph (1).</DELETED>
                <DELETED>    (B) Elements.--A notification under 
                subparagraph (A) with respect to the provision of funds 
                to the Government of Ukraine shall specify--</DELETED>
                        <DELETED>    (i) the amount of funds to be 
                        provided;</DELETED>
                        <DELETED>    (ii) the purpose for which such 
                        funds are provided; and</DELETED>
                        <DELETED>    (iii) the recipient.</DELETED>
<DELETED>    (e) Judicial Review.--</DELETED>
        <DELETED>    (1) In general.--The confiscation of Russian 
        sovereign assets under subsection (b)(1) shall not be subject 
        to judicial review.</DELETED>
        <DELETED>    (2) Rule of construction.--Nothing in this 
        subsection shall be construed to limit any private individual 
        or entity from asserting due process claims in United States 
        courts.</DELETED>
<DELETED>    (f) Exception for United States Obligations Under Vienna 
Conventions.--The authorities provided by this section may not be 
exercised in a manner inconsistent with the obligations of the United 
States under--</DELETED>
        <DELETED>    (1) the Convention on Diplomatic Relations, done 
        at Vienna April 18, 1961, and entered into force April 24, 1964 
        (23 UST 3227);</DELETED>
        <DELETED>    (2) the Convention on Consular Relations, done at 
        Vienna April 24, 1963, and entered into force on March 19, 1967 
        (21 UST 77);</DELETED>
        <DELETED>    (3) the Agreement Regarding the Headquarters of 
        the United Nations, signed at Lake Success June 26, 1947, and 
        entered into force November 21, 1947 (TIAS 1676); or</DELETED>
        <DELETED>    (4) any other international agreement governing 
        the use of force and establishing rights under international 
        humanitarian law.</DELETED>
<DELETED>    (g) Sunset.--The authority to confiscate, liquidate, and 
transfer Russian sovereign assets under this section shall terminate on 
the earlier of--</DELETED>
        <DELETED>    (1) the date that is 5 years after the date of the 
        enactment of this Act; or</DELETED>
        <DELETED>    (2) the date that is 120 days after the date on 
        which the President determines and certifies to the appropriate 
        congressional committees that--</DELETED>
                <DELETED>    (A) hostilities between the Russian 
                Federation and Ukraine have ceased; and</DELETED>
                <DELETED>    (B)(i) full compensation has been made to 
                Ukraine for harms resulting from the invasion of 
                Ukraine by the Russian Federation; or</DELETED>
                <DELETED>    (ii) the Russian Federation is 
                participating in a bona fide international mechanism 
                that, by agreement, will discharge the obligations of 
                the Russian Federation to compensate Ukraine for all 
                amounts determined to be owed to Ukraine.</DELETED>

<DELETED>SEC. 105. INTERNATIONAL AGREEMENT TO USE RUSSIAN SOVEREIGN 
              ASSETS TO PROVIDE FOR THE RECONSTRUCTION OF 
              UKRAINE.</DELETED>

<DELETED>    (a) In General.--The President shall take such action as 
the President determines necessary to seek to establish a common 
international compensation mechanism, in coordination with foreign 
partners including Ukraine, that shall include the establishment of an 
international fund to be known as the ``Common Ukraine Fund'', that 
uses assets in the Ukraine Support Fund established under section 
104(c) and contributions from foreign partners that have also 
confiscated Russian sovereign assets to allow for compensation for 
Ukraine, including by--</DELETED>
        <DELETED>    (1) establishing a register of damage to serve as 
        a record of evidence and for assessment of the full costs of 
        damages to Ukraine resulting from the invasion of Ukraine by 
        the Russian Federation that began on February 24, 
        2022;</DELETED>
        <DELETED>    (2) establishing a mechanism for compensating 
        Ukraine for damages resulting from that invasion;</DELETED>
        <DELETED>    (3) ensuring distribution of those assets or the 
        proceeds of those assets based on determinations under that 
        mechanism; and</DELETED>
        <DELETED>    (4) taking such other actions as may be necessary 
        to carry out this section.</DELETED>
<DELETED>    (b) Authorization for Deposit in the Common Ukraine 
Fund.--Upon the President reaching an agreement or arrangement to 
establish a common international compensation mechanism pursuant to 
subsection (a), the Secretary of State shall transfer funds from the 
Ukraine Support Fund established under section 104(c) to the Common 
Ukraine Fund established under subsection (a).</DELETED>
<DELETED>    (c) Notifications.--</DELETED>
        <DELETED>    (1) Agreement or arrangement.--The President shall 
        notify the appropriate congressional committees not later than 
        30 days before entering into any new bilateral or multilateral 
        agreement or arrangement under subsection (a).</DELETED>
        <DELETED>    (2) Transfer.--The President shall notify the 
        appropriate congressional committees not later than 30 days 
        before any transfer to the Common Ukraine Fund established 
        under subsection (a).</DELETED>
<DELETED>    (d) Limitation on Transfer of Funds.--No funds may be 
transferred to the Common Ukraine Fund established under subsection (a) 
unless the President certifies to the appropriate congressional 
committees that--</DELETED>
        <DELETED>    (1) the institution housing the Common Ukraine 
        Fund has a plan to ensure transparency and accountability for 
        all funds transferred to and from the Common Ukraine Fund; 
        and</DELETED>
        <DELETED>    (2) the President has transmitted the plan 
        required under paragraph (1) to the appropriate congressional 
        committees in writing.</DELETED>
<DELETED>    (e) Joint Resolution of Disapproval.--No funds may be 
transferred to the Common Ukraine Fund established under subsection (a) 
if, within 30 days of receipt of the notification required under 
subsection (c)(2), a joint resolution is enacted prohibiting the 
transfer.</DELETED>
<DELETED>    (f) Report.--Not later than 90 days after the date of the 
enactment of this Act, and not less frequently than every 90 days 
thereafter, the President shall submit to the appropriate congressional 
committees a report that includes the following:</DELETED>
        <DELETED>    (1) An accounting of funds in the Common Ukraine 
        Fund established under subsection (a).</DELETED>
        <DELETED>    (2) Any information regarding the disposition of 
        the Common Ukraine Fund that has been transmitted to the 
        President by the institution housing the Common Ukraine Fund 
        during the period covered by the report.</DELETED>
        <DELETED>    (3) A description of United States multilateral 
        and bilateral diplomatic engagement with allies and partners of 
        the United States that also have immobilized Russian sovereign 
        assets to allow for compensation for Ukraine during the period 
        covered by the report.</DELETED>
        <DELETED>    (4) An outline of steps taken to carry out this 
        section during the period covered by the report.</DELETED>

<DELETED>SEC. 106. REPORT ON USE OF CONFISCATED RUSSIAN SOVEREIGN 
              ASSETS FOR RECONSTRUCTION.</DELETED>

<DELETED>    Not later than 90 days after the date of the enactment of 
this Act, and every 90 days thereafter, the Secretary of State, in 
consultation with the Secretary of the Treasury, shall submit to the 
appropriate congressional committees a report that contains--</DELETED>
        <DELETED>    (1) the amount and source of Russian sovereign 
        assets confiscated pursuant to subsection (b)(1) of section 
        104;</DELETED>
        <DELETED>    (2) the amount and source of funds deposited into 
        the Ukraine Support Fund under subsection (b)(2) of that 
        section; and</DELETED>
        <DELETED>    (3) a detailed description and accounting of how 
        such funds were used to meet the purposes described in 
        subsection (d) of that section.</DELETED>

<DELETED>SEC. 107. ASSESSMENT BY SECRETARY OF STATE AND ADMINISTRATOR 
              OF UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT ON 
              RECONSTRUCTION AND REBUILDING NEEDS OF UKRAINE.</DELETED>

<DELETED>    (a) In General.--Not later than 180 days after the date of 
the enactment of this Act, the Secretary of State, in consultation with 
the Administrator of the United States Agency for International 
Development, shall submit to the appropriate congressional committees 
an assessment of the most pressing needs of Ukraine for reconstruction, 
rebuilding, security assistance, and humanitarian aid.</DELETED>
<DELETED>    (b) Elements.--The assessment required by subsection (a) 
shall include the following:</DELETED>
        <DELETED>    (1) An estimate of the rebuilding and 
        reconstruction needs of Ukraine, as of the date of the 
        assessment, resulting from the unlawful invasion of Ukraine by 
        the Russian Federation, including--</DELETED>
                <DELETED>    (A) a description of the sources and 
                methods for the estimate; and</DELETED>
                <DELETED>    (B) an identification of the locations or 
                regions in Ukraine with the most pressing 
                needs.</DELETED>
        <DELETED>    (2) An estimate of the humanitarian needs, as of 
        the date of the assessment, of the people of Ukraine, including 
        Ukrainians residing inside the internationally recognized 
        borders of Ukraine or outside those borders, resulting from the 
        unlawful invasion of Ukraine by the Russian 
        Federation.</DELETED>
        <DELETED>    (3) An assessment of the extent to which the needs 
        described in paragraphs (1) and (2) have been met or funded, by 
        any source, as of the date of the assessment.</DELETED>
        <DELETED>    (4) A plan to engage in robust multilateral and 
        bilateral diplomacy to ensure that allies and partners of the 
        United States, particularly in the European Union as Ukraine 
        seeks accession, increase their commitment to Ukraine's 
        reconstruction.</DELETED>
        <DELETED>    (5) An identification of which such needs should 
        be prioritized, including any assessment or request by the 
        Government of Ukraine with respect to the prioritization of 
        such needs.</DELETED>

<DELETED>SEC. 108. EXCEPTION RELATING TO IMPORTATION OF 
              GOODS.</DELETED>

<DELETED>    (a) In General.--The authorities and requirements under 
this title shall not include the authority or a requirement to impose 
sanctions on the importation of goods.</DELETED>
<DELETED>    (b) Good Defined.--In this section, the term ``good'' 
means any article, natural or manmade substance, material, supply, or 
manufactured product, including inspection and test equipment, and 
excluding technical data.</DELETED>

<DELETED>SEC. 109. DEFINITIONS.</DELETED>

<DELETED>    In this title:</DELETED>
        <DELETED>    (1) Appropriate congressional committees.--The 
        term ``appropriate congressional committees'' means--</DELETED>
                <DELETED>    (A) the Committee on Foreign Relations and 
                the Committee on Banking, Housing, and Urban Affairs of 
                the Senate; and</DELETED>
                <DELETED>    (B) the Committee on Foreign Affairs and 
                the Committee on Financial Services of the House of 
                Representatives.</DELETED>
        <DELETED>    (2) Financial institution.--The term ``financial 
        institution'' means a financial institution specified in 
        subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), 
        (M), or (Z) of section 5312(a)(2) of title 31, United States 
        Code.</DELETED>
        <DELETED>    (3) G7.--The term ``G7'' means the countries that 
        are member of the informal Group of 7, including Canada, 
        France, Germany, Italy, Japan, the United Kingdom, and the 
        United States.</DELETED>
        <DELETED>    (4) Russian sovereign asset.--The term ``Russian 
        sovereign asset'' means any of the following:</DELETED>
                <DELETED>    (A) Funds and other property of--
                </DELETED>
                        <DELETED>    (i) the Central Bank of the 
                        Russian Federation;</DELETED>
                        <DELETED>    (ii) the Russian Direct Investment 
                        Fund; or</DELETED>
                        <DELETED>    (iii) the Ministry of Finance of 
                        the Russian Federation.</DELETED>
                <DELETED>    (B) Any sovereign funds of the Russian 
                Federation held in a financial institution that is 
                wholly owned or controlled by the Government of the 
                Russian Federation.</DELETED>
                <DELETED>    (C) Any other funds or other property 
                wholly owned or controlled by the Government of the 
                Russian Federation, including by any subdivision, 
                agency, or instrumentality of that 
                government.</DELETED>
        <DELETED>    (5) United states.--The term ``United States'' 
        means the several States, the District of Columbia, the 
        Commonwealth of Puerto Rico, the Commonwealth of the Northern 
        Mariana Islands, American Samoa, Guam, the United States Virgin 
        Islands, and any other territory or possession of the United 
        States.</DELETED>
        <DELETED>    (6) United states financial institution.--The term 
        ``United States financial institution'' means a financial 
        institution organized under the laws of the United States or of 
        any jurisdiction within the United States, including a foreign 
        branch of such an institution.</DELETED>

    <DELETED>TITLE II--MULTILATERAL SANCTIONS COORDINATION</DELETED>

<DELETED>SEC. 201. STATEMENT OF POLICY REGARDING COORDINATION OF 
              MULTILATERAL SANCTIONS WITH RESPECT TO THE RUSSIAN 
              FEDERATION.</DELETED>

<DELETED>    (a) In General.--In response to the Russian Federation's 
unprovoked and illegal invasion of Ukraine, it is the policy of the 
United States that--</DELETED>
        <DELETED>    (1) the United States, along with the European 
        Union, the G7, Australia, and other willing allies and partners 
        of the United States, should lead a coordinated international 
        sanctions regime to freeze sovereign assets of the Russian 
        Federation;</DELETED>
        <DELETED>    (2) the head of the Office of Sanctions 
        Coordination of the Department of State should engage in 
        interagency and multilateral coordination with agencies of the 
        European Union, the G7, Australia, and other allies and 
        partners of the United States to ensure the ongoing 
        implementation and enforcement of sanctions with respect to the 
        Russian Federation in response to its invasion of 
        Ukraine;</DELETED>
        <DELETED>    (3) the Secretary of State, in consultation with 
        the Secretary of the Treasury, should, to the extent 
        practicable and consistent with relevant United States law, 
        lead and coordinate with the European Union, the G7, Australia, 
        and other allies and partners of the United States with respect 
        to enforcement of sanctions imposed with respect to the Russian 
        Federation;</DELETED>
        <DELETED>    (4) the United States should provide relevant 
        technical assistance, implementation guidance, and support 
        relating to enforcement and implementation of sanctions imposed 
        with respect to the Russian Federation;</DELETED>
        <DELETED>    (5) where appropriate, the head of the Office of 
        Sanctions Coordination, in coordination with the Bureau of 
        Economic and Business Affairs and the Bureau of European and 
        Eurasian Affairs of the Department of State and the Department 
        of the Treasury, should seek private sector input regarding 
        sanctions policy with respect to the Russian Federation and the 
        implementation of and compliance with such sanctions imposed 
        with respect to the Russian Federation; and</DELETED>
        <DELETED>    (6) the Secretary of State, in coordination with 
        the Secretary of the Treasury, should continue robust 
        diplomatic engagement with allies and partners of the United 
        States, including the European Union, the G7, and Australia, to 
        encourage such allies and partners to impose such 
        sanctions.</DELETED>
<DELETED>    (b) Authorization of Appropriations.--</DELETED>
        <DELETED>    (1) In general.--There is authorized to be 
        appropriated to the Office of Sanctions Coordination of the 
        Department of State $15,000,000 for each of fiscal years 2024, 
        2025, and 2026 to carry out this section.</DELETED>
        <DELETED>    (2) Supplement not supplant.--The amounts 
        authorized to be appropriated by paragraph (1) shall supplement 
        and not supplant other amounts authorized to be appropriated 
        for the Office of Sanctions Coordination.</DELETED>

<DELETED>SEC. 202. ASSESSMENT OF IMPACT OF UKRAINE-RELATED SANCTIONS ON 
              THE ECONOMY OF THE RUSSIAN FEDERATION.</DELETED>

<DELETED>    (a) Report and Briefings.--At the times specified in 
subsection (b), the President shall submit a report and provide a 
briefing to the appropriate congressional committees on the impact on 
the economy of the Russian Federation of sanctions imposed by the 
United States and other countries with respect to the Russian 
Federation in response to the unlawful invasion of Ukraine by the 
Russian Federation.</DELETED>
<DELETED>    (b) Timing.--The President shall--</DELETED>
        <DELETED>    (1) submit a report and provide a briefing 
        described in subsection (a) to the appropriate congressional 
        committees not later than 90 days after the date of the 
        enactment of this Act; and</DELETED>
        <DELETED>    (2) submit to the appropriate congressional 
        committees a report described in subsection (a) every 180 days 
        thereafter until the date that is 5 years after such date of 
        enactment.</DELETED>
<DELETED>    (c) Elements.--Each report required by this section shall 
include--</DELETED>
        <DELETED>    (1) an assessment of--</DELETED>
                <DELETED>    (A) the impacts of the sanctions described 
                in subsection (a), disaggregated by major economic 
                sector, including the energy, aerospace and defense, 
                shipping, banking, and financial sectors;</DELETED>
                <DELETED>    (B) the macroeconomic impact of those 
                sanctions on Russian, European, and global economy 
                market trends, including shifts in global markets as a 
                result of those sanctions; and</DELETED>
                <DELETED>    (C) efforts by other countries or actors 
                and offshore financial providers to facilitate 
                sanctions evasion by the Russian Federation or take 
                advantage of gaps in international markets resulting 
                from the international sanctions regime in place with 
                respect to the Russian Federation; and</DELETED>
        <DELETED>    (2) recommendations for further sanctions 
        enforcement measures based on trends described in paragraph 
        (1)(B).</DELETED>

<DELETED>SEC. 203. INFORMATION ON VOTING PRACTICES IN THE UNITED 
              NATIONS WITH RESPECT TO THE INVASION OF UKRAINE BY THE 
              RUSSIAN FEDERATION.</DELETED>

<DELETED>    Section 406(b) of the Foreign Relations Authorization Act, 
Fiscal Years 1990 and 1991 (22 U.S.C. 2414a(b)), is amended--</DELETED>
        <DELETED>    (1) in paragraph (4), by striking ``Assembly on'' 
        and all that follows through ``opposed by the United States'' 
        and inserting the following: ``Assembly on--</DELETED>
                <DELETED>    ``(A) resolutions specifically related to 
                Israel that are opposed by the United States; 
                and</DELETED>
                <DELETED>    ``(B) resolutions specifically related to 
                the invasion of Ukraine by the Russian 
                Federation.'';</DELETED>
        <DELETED>    (2) in paragraph (5), by striking ``; and'' and 
        inserting a semicolon;</DELETED>
        <DELETED>    (3) by redesignating paragraph (6) as paragraph 
        (7); and</DELETED>
        <DELETED>    (4) by inserting after paragraph (5) the 
        following:</DELETED>
        <DELETED>    ``(6) an analysis and discussion, prepared in 
        consultation with the Secretary of State, of the extent to 
        which member countries supported United States policy 
        objectives in the Security Council and the General Assembly 
        with respect to the invasion of Ukraine by the Russian 
        Federation; and''.</DELETED>

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Rebuilding 
Economic Prosperity and Opportunity for Ukrainians Act'' or the ``REPO 
for Ukrainians Act''.
    (b) Table of Contents.--The table of contents for this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.

 TITLE I--SEIZURE, TRANSFER, CONFISCATION, AND REPURPOSING OF RUSSIAN 
                            SOVEREIGN ASSETS

Sec. 101. Findings; sense of Congress.
Sec. 102. Sense of Congress regarding importance of the Russian 
                            Federation providing compensation to 
                            Ukraine.
Sec. 103. Prohibition on lifting sanctions on immobilized Russian 
                            sovereign assets.
Sec. 104. Authority to seize, confiscate, transfer, and vest Russian 
                            sovereign assets.
Sec. 105. International mechanism to use Russian sovereign assets to 
                            provide for the reconstruction of Ukraine.
Sec. 106. Report on use of Russian sovereign assets.
Sec. 107. Report on immobilized assets of the Central Bank of the 
                            Russian Federation.
Sec. 108. Assessment by Secretary of State and Administrator of United 
                            States Agency for International Development 
                            on reconstruction and rebuilding needs of 
                            Ukraine.
Sec. 109. Exception relating to importation of goods.

TITLE II--MULTILATERAL COORDINATION AND COUNTERING MALIGN ACTIVITIES OF 
                         THE RUSSIAN FEDERATION

Sec. 201. Statement of policy regarding multilateral coordination with 
                            respect to the Russian Federation.
Sec. 202. Information on voting practices in the United Nations with 
                            respect to the invasion of Ukraine by the 
                            Russian Federation.
Sec. 203. Expansion of forfeited property available to remediate harms 
                            to Ukraine from Russian aggression.
Sec. 204. Extensions.
Sec. 205. Recognition of Russian actions in Ukraine as a genocide.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Appropriate congressional committees.--The term 
        ``appropriate congressional committees'' means--
                    (A) the Committee on Foreign Relations and the 
                Committee on Banking, Housing, and Urban Affairs of the 
                Senate; and
                    (B) the Committee on Foreign Affairs and the 
                Committee on Financial Services of the House of 
                Representatives.
            (2) G7.--The term ``G7'' means the countries that are 
        members of the informal Group of 7, including Canada, France, 
        Germany, Italy, Japan, the United Kingdom, and the United 
        States.
            (3) Russian sovereign asset.--The term ``Russian sovereign 
        asset'' means funds and other property of--
                    (A) the Central Bank of the Russian Federation;
                    (B) the National Wealth Fund of the Russian 
                Federation; or
                    (C) the Ministry of Finance of the Russian 
                Federation.
            (4) United states.--The term ``United States'' means the 
        several States, the District of Columbia, the Commonwealth of 
        Puerto Rico, the Commonwealth of the Northern Mariana Islands, 
        American Samoa, Guam, the United States Virgin Islands, and any 
        other territory or possession of the United States.

 TITLE I--SEIZURE, TRANSFER, CONFISCATION, AND REPURPOSING OF RUSSIAN 
                            SOVEREIGN ASSETS

SEC. 101. FINDINGS; SENSE OF CONGRESS.

    (a) Findings.--Congress makes the following findings:
            (1) On February 20, 2014, the Government of the Russian 
        Federation violated the sovereignty and territorial integrity 
        of Ukraine by engaging in a pre-meditated and illegal invasion 
        of Ukraine.
            (2) On February 24, 2022, the Government of the Russian 
        Federation violated the sovereignty and territorial integrity 
        of Ukraine by engaging in a pre-meditated, second illegal 
        invasion of Ukraine.
            (3) The international community has condemned the illegal 
        invasions of Ukraine by the Russian Federation, as well as the 
        commission of war crimes by the Russian Federation, including 
        through the deliberate targeting of civilians and civilian 
        infrastructure, the commission of sexual violence, and the 
        forced deportation of Ukrainian children.
            (4) The leaders of the G7 have called the Russian 
        Federation's ``unprovoked and completely unjustified attack on 
        the democratic state of Ukraine'' a ``serious violation of 
        international law and a grave breach of the United Nations 
        Charter and all commitments Russia entered in the Helsinki 
        Final Act and the Charter of Paris and its commitments in the 
        Budapest Memorandum''.
            (5) On March 2, 2022, the United Nations General Assembly 
        adopted Resolution ES-11/1, entitled ``Aggression against 
        Ukraine'', by a vote of 141 to 5. That resolution ``deplore[d] 
        in the strongest terms the aggression by the Russian Federation 
        against Ukraine in violation of Article 2(4) of the [United 
        Nations] Charter'' and demanded that the Russian Federation 
        ``immediately cease its use of force against Ukraine'' and 
        ``immediately, completely and unconditionally withdraw all of 
        its military forces from the territory of Ukraine within its 
        internationally recognized borders''.
            (6) On March 16, 2022, the International Court of Justice 
        issued provisional measures ordering the Russian Federation to 
        ``immediately suspend the military operations that it commenced 
        on 24 February 2022 in the territory of Ukraine''.
            (7) The Russian Federation bears international legal 
        responsibility for its aggression against Ukraine and, under 
        international law, must cease its internationally wrongful 
        acts. Because of this breach of the prohibition on aggression 
        under international law, the United States is legally entitled 
        to take countermeasures that are proportionate and aimed at 
        inducing the Russian Federation to comply with its 
        international obligations.
            (8) On November 14, 2022, the United Nations General 
        Assembly adopted a resolution--
                    (A) recognizing that the Russian Federation must 
                bear the legal consequences of all of its 
                internationally wrongful acts, including making 
                reparation for the injury, including any damage, caused 
                by such acts;
                    (B) recognizing the need for the establishment of 
                an international mechanism for reparation for damage, 
                loss, or injury caused by the Russian Federation in or 
                against Ukraine; and
                    (C) recommending creation of an international 
                register of such damage, loss, or injury.
            (9) Under international law, a country that is responsible 
        for an internationally wrongful act is under an obligation to 
        make full reparation for the injury caused. The Russian 
        Federation bears such an obligation to compensate Ukraine.
            (10) Approximately $300,000,000,000 of Russian sovereign 
        assets have been immobilized worldwide. Only a small fraction 
        of those assets--1 to 2 percent, or between $4,000,000,000 and 
        $5,000,000,000--are reportedly subject to the jurisdiction of 
        the United States.
            (11) The vast majority of immobilized Russian sovereign 
        assets, approximately $190,000,000,000, are reportedly subject 
        to the jurisdiction of Belgium. The Government of Belgium has 
        publicly indicated that any action by that Government regarding 
        those assets would be predicated on support by the G7.
    (b) Sense of Congress.--It is the sense of Congress that, having 
committed an act of aggression, as recognized by the United Nations 
General Assembly on March 2, 2022, the Russian Federation is to be 
considered as an aggressor state. The internationally wrongful acts 
taken by the Russian Federation, including an act of aggression, 
present a unique situation justifying the establishment of a mechanism 
to compensate Ukraine and victims of aggression by the Russian 
Federation in Ukraine.

SEC. 102. SENSE OF CONGRESS REGARDING IMPORTANCE OF THE RUSSIAN 
              FEDERATION PROVIDING COMPENSATION TO UKRAINE.

    It is the sense of Congress that--
            (1) the Russian Federation bears responsibility for the 
        financial burden of the reconstruction of Ukraine and for 
        countless other costs associated with the illegal invasion of 
        Ukraine by the Russian Federation that began on February 24, 
        2022;
            (2) in the absence of a comprehensive peace agreement 
        addressing the Russian Federation's obligation to compensate 
        Ukraine for the cost of the Russian Federation's unlawful war 
        against Ukraine, the amount of money the Russian Federation 
        must pay Ukraine should be assessed by an international body or 
        mechanism charged with determining compensation and providing 
        assistance to Ukraine;
            (3) the Russian Federation is on notice of its opportunity 
        to comply with its international obligations, including 
        compensation, or, by agreement with the government of 
        independent Ukraine, authorize an international body or 
        mechanism to address those outstanding obligations with 
        authority to make binding decisions on parties that comply in 
        good faith;
            (4) the Russian Federation can, by negotiated agreement, 
        participate in any international process to assess the full 
        cost of the Russian Federation's unlawful war against Ukraine 
        and make funds available to compensate for damage, loss, and 
        injury arising from its internationally wrongful acts in 
        Ukraine, and if it fails to do so, the United States and other 
        countries should explore other avenues for ensuring 
        compensation to Ukraine, including confiscation and repurposing 
        of assets of the Russian Federation;
            (5) the President should continue to lead robust engagement 
        on all bilateral and multilateral aspects of the response by 
        the United States to efforts by the Russian Federation to 
        undermine the sovereignty and territorial integrity of Ukraine, 
        including on any policy coordination and alignment regarding 
        the disposition of Russian sovereign assets in the context of 
        compensation; and
            (6) any effort by the United States to confiscate and 
        repurpose Russian sovereign assets should be undertaken 
        alongside international allies and partners as part of a 
        coordinated, multilateral effort, including with G7 countries, 
        the European Union, Australia, and other countries in which 
        Russian sovereign assets are located.

SEC. 103. PROHIBITION ON LIFTING SANCTIONS ON IMMOBILIZED RUSSIAN 
              SOVEREIGN ASSETS.

    (a) In General.--Notwithstanding any other provision of law, no 
Russian sovereign asset that is blocked or immobilized by the 
Department of the Treasury pursuant to sanctions imposed before the 
date described in section 104(h) may be released or mobilized until the 
President certifies to the appropriate congressional committees in 
writing that--
            (1) the Russian Federation has reached an agreement 
        relating to the respective withdrawal of Russian forces and 
        cessation of military hostilities that is accepted by the free 
        and independent Government of Ukraine; and
            (2)(A) full compensation has been made to Ukraine for harms 
        resulting from the invasion of Ukraine by the Russian 
        Federation; or
            (B) the Russian Federation is participating in a bona fide 
        international mechanism that, by agreement, will discharge the 
        obligations of the Russian Federation to compensate Ukraine for 
        all amounts determined to be owed to Ukraine.
    (b) Notification.--Not later than 30 days before the lifting of 
sanctions with respect to Russian sovereign assets as described in 
subsection (a), the President shall submit to the appropriate 
congressional committees--
            (1) a written notification of the decision to lift the 
        sanctions; and
            (2) a justification in writing for lifting the sanctions.
    (c) Joint Resolution of Disapproval.--
            (1) In general.--Sanctions may not be lifted with respect 
        to Russian sovereign assets as described in subsection (a) if, 
        within 30 days of receipt of the notification and justification 
        required under subsection (b), a joint resolution is enacted 
        prohibiting the lifting of the sanctions.
            (2) Expedited procedures.--Any joint resolution described 
        in paragraph (1) introduced in either House of Congress shall 
        be considered in accordance with the provisions of section 
        601(b) of the International Security Assistance and Arms Export 
        Control Act of 1976 (Public Law 94-329; 90 Stat. 765), except 
        that any such resolution shall be subject to germane 
        amendments. If such a joint resolution should be vetoed by the 
        President, the time for debate in consideration of the veto 
        message on such measure shall be limited to 20 hours in the 
        Senate and in the House of Representatives shall be determined 
        in accordance with the Rules of the House.
    (d) Cooperation on Prohibition of Lifting Sanctions on Certain 
Russian Sovereign Assets.--The President may take such action as may be 
necessary to seek to obtain and enter into an agreement between the 
United States, Ukraine, and other countries that have blocked or 
immobilized Russian sovereign assets to prohibit such assets from being 
released or mobilized until there is an agreement that addresses the 
Russian Federation's obligation to compensate Ukraine.

SEC. 104. AUTHORITY TO SEIZE, CONFISCATE, TRANSFER, AND VEST RUSSIAN 
              SOVEREIGN ASSETS.

    (a) Reporting on Russian Sovereign Assets.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, and annually thereafter until the 
        date described in subsection (h), the President shall submit to 
        the appropriate congressional committees a report detailing the 
        status of Russian sovereign assets subject to the jurisdiction 
        of the United States, including the information with respect to 
        such assets required to be included with respect to property in 
        the reports required by Directive 4.
            (2) Continuation in effect of reporting requirements.--Any 
        requirement to submit reports under Directive 4 shall remain in 
        effect until the date described in subsection (h).
            (3) Form.--Each report required by paragraph (1) shall be 
        submitted in unclassified form, but may include a classified 
        annex.
            (4) Directive 4 defined.--In this subsection, the term 
        ``Directive 4'' means Directive 4 issued by the Office of 
        Foreign Assets Control under Executive Order 14024 (50 U.S.C. 
        1701 note; relating to blocking property with respect to 
        specified harmful foreign activities of the Government of the 
        Russian Federation), as in effect on the date of the enactment 
        of this Act.
    (b) Seizure, Transfer, Vesting, and Confiscation.--
            (1) In general.--On and after the date that is 30 days 
        after the President submits to the appropriate congressional 
        committees the certification described in subsection (c), the 
        President may seize, confiscate, transfer, or vest any Russian 
        sovereign assets, in whole or in part, and including any 
        interest or interests in such assets, subject to the 
        jurisdiction of the United States.
            (2) Vesting.--For funds confiscated under paragraph (1), 
        all right, title, and interest in Russian sovereign assets 
        shall vest in the Government of the United States.
            (3) Liquidation and deposit.--The President may--
                    (A) deposit any funds seized, transferred, or 
                confiscated under paragraph (1) into the Ukraine 
                Support Fund established under subsection (d);
                    (B) liquidate or sell any other property seized, 
                transferred, or confiscated under paragraph (1) and 
                deposit the funds resulting from such liquidation or 
                sale into the Ukraine Support Fund; and
                    (C) make all such funds available for the purposes 
                described in subsection (e).
            (4) Method of seizure, transfer, or confiscation.--The 
        President may seize, transfer, or confiscate Russian sovereign 
        assets under paragraph (1) through instructions or licenses or 
        in such other manner as the President determines appropriate.
    (c) Certification.--The certification described in this subsection, 
with respect to Russian sovereign assets, is a certification that--
            (1) seizing, confiscating, or transferring the Russian 
        sovereign assets for the benefit of Ukraine is in the national 
        interests of the United States;
            (2) either--
                    (A) the Russian Federation has not ceased its 
                unlawful aggression against Ukraine; or
                    (B) the Russian Federation has not provided full 
                compensation to Ukraine for harms resulting from 
                Russian aggression; and
            (3) the President has meaningfully coordinated with G7 
        leaders to take multilateral action with regard to any seizure, 
        confiscation, or transfer of Russian sovereign assets for the 
        benefit of Ukraine.
    (d) Establishment of the Ukraine Support Fund.--
            (1) In general.--The President shall establish an account, 
        to be known as the ``Ukraine Support Fund'', to consist of 
        funds deposited into the account under subsection (b).
            (2) Use of funds.--The funds in the account established 
        under paragraph (1) shall be available to be used only as 
        specified in subsection (e).
            (3) Supplement not supplant.--Amounts in the account 
        established under paragraph (1) shall supplement and not 
        supplant other amounts made available to provide assistance to 
        Ukraine.
    (e) Use of Assets.--
            (1) In general.--Subject to paragraphs (2), (3), and (4), 
        funds in the Ukraine Support Fund shall be available to the 
        Secretary of State, in consultation with the Administrator of 
        the United States Agency for International Development, to 
        provide assistance to Ukraine to address damage resulting from 
        the unlawful invasion by the Russian Federation that began on 
        February 24, 2022, including through contributions to an 
        international body or mechanism charged with determining 
        compensation and providing assistance to Ukraine.
            (2) Coordination with foreign assistance funds.--
                    (A) In general.--Funds in the Ukraine Support Fund 
                may be transferred to, and merged with, funds made 
                available to carry out any provision of the Foreign 
                Assistance Act of 1961 (22 U.S.C. 2151 et seq.) to 
                carry out the purposes of this section, except that 
                funds from the Ukraine Support Fund shall remain 
                available until expended. Any funds transferred 
                pursuant to this subparagraph may be considered foreign 
                assistance under the Foreign Assistance Act of 1961 for 
                purposes of making available the administrative 
                authorities in that Act.
                    (B) Use for direct loans.--Notwithstanding section 
                504(b) of the Congressional Budget Act of 1974 (2 
                U.S.C. 661c(b)), funds in the Ukraine Support Fund may 
                be made available, subject to such terms and conditions 
                as the Secretary of State deems necessary, for the 
                principal for direct loans for Ukraine and costs, as 
                defined in section 502 of the Congressional Budget Act 
                of 1974 (2 U.S.C. 661a), of such loans.
            (3) Notification.--
                    (A) In general.--The Secretary of State shall 
                notify the appropriate congressional committees not 
                fewer than 15 days before providing any funds from the 
                Ukraine Support Fund to the Government of Ukraine or to 
                any other person or international organization for the 
                purposes described in paragraph (1), other than funds 
                authorized to be provided as assistance under section 
                491 of the Foreign Assistance Act of 1961 (22 U.S.C. 
                2292).
                    (B) Elements.--A notification under subparagraph 
                (A) with respect to the provision of funds to the 
                Government of Ukraine shall specify--
                            (i) the amount of funds to be provided;
                            (ii) the purpose for which such funds are 
                        provided; and
                            (iii) the recipient.
            (4) Prohibition of provision of funds to the russian 
        federation or sanctioned persons.--Notwithstanding any other 
        provision of law, funds from the Ukraine Support Fund may not 
        under any circumstances be provided to--
                    (A) the Government of the Russian Federation;
                    (B) a foreign person with respect to which the 
                United States has imposed sanctions;
                    (C) a foreign person owned or controlled by--
                            (i) the Government of the Russian 
                        Federation;
                            (ii) a Russian person with respect to which 
                        the United States has imposed sanctions; or
                    (D) any person in which the Government of the 
                Russian Federation or a person described in 
                subparagraph (B) has a direct or indirect interest; or
                    (E) any person that may act in the interest of the 
                Government of the Russian Federation.
    (f) Judicial Review.--
            (1) Exclusiveness of remedy.--Notwithstanding any other 
        provision of law, any action taken under this section shall not 
        be subject to judicial review, except as provided in this 
        subsection.
            (2) Limitations for filing claims.--A claim may only be 
        brought with respect to an action under this section--
                    (A) that alleges that the action will deny rights 
                under the Constitution of the United States; and
                    (B) if the claim is brought not later than 60 days 
                after the date of such action.
            (3) Jurisdiction.--
                    (A) In general.--A claim under paragraph (2) of 
                this subsection shall be barred unless a complaint is 
                filed prior to the expiration of such time limits in 
                the United States District Court for the District of 
                Columbia.
                    (B) Appeal.--An appeal of an order of the United 
                States District Court for the District of Columbia 
                issued pursuant to a claim brought under this 
                subsection shall be taken by a notice of appeal filed 
                with the United States Court of Appeals for the 
                District of Columbia Circuit not later than 10 days 
                after the date on which the order is entered.
                    (C) Expedited consideration.--It shall be the duty 
                of the United States District Court for the District of 
                Columbia and the United States Court of Appeals for the 
                District of Columbia Circuit to advance on the docket 
                and to expedite to the greatest possible extent the 
                disposition of any claim brought under this subsection.
    (g) Exception for United States Obligations Under International 
Agreements.--The authorities provided by this section may not be 
exercised in a manner inconsistent with the obligations of the United 
States under--
            (1) the Convention on Diplomatic Relations, done at Vienna 
        April 18, 1961, and entered into force April 24, 1964 (23 UST 
        3227);
            (2) the Convention on Consular Relations, done at Vienna 
        April 24, 1963, and entered into force on March 19, 1967 (21 
        UST 77);
            (3) the Agreement Regarding the Headquarters of the United 
        Nations, signed at Lake Success June 26, 1947, and entered into 
        force November 21, 1947 (TIAS 1676); or
            (4) any other international agreement--
                    (A) governing the use of force or establishing 
                rights under international humanitarian law; and
                    (B) to which the United States is a state party on 
                the day before the date of the enactment of this Act.
    (h) Sunset.--The authority to seize, transfer, confiscate, or vest 
Russian sovereign assets under this section shall terminate on the 
earlier of--
            (1) the date that is 6 years after the date of the 
        enactment of this Act; or
            (2) the date that is 120 days after the date on which the 
        President determines and certifies to the appropriate 
        congressional committees that--
                    (A) the Russian Federation has reached an agreement 
                relating to the respective withdrawal of Russian forces 
                and cessation of military hostilities that is accepted 
                by the free and independent Government of Ukraine; and
                    (B)(i) full compensation has been made to Ukraine 
                for harms resulting from the invasion of Ukraine by the 
                Russian Federation;
                    (ii) the Russian Federation is participating in a 
                bona fide international mechanism that, by agreement, 
                addresses the obligations of the Russian Federation to 
                compensate Ukraine; or
                    (iii) the Russian Federation's obligation to 
                compensate Ukraine for the damage caused by the Russian 
                Federation's aggression has been resolved pursuant to 
                an agreement between the Russian Federation and the 
                Government of Ukraine.

SEC. 105. INTERNATIONAL MECHANISM TO USE RUSSIAN SOVEREIGN ASSETS TO 
              PROVIDE FOR THE RECONSTRUCTION OF UKRAINE.

    (a) In General.--The President shall take steps the President 
determines are appropriate to coordinate with the G7, the European 
Union, Australia, and other partners and allies of the United States 
regarding the disposition of immobilized Russian sovereign assets, such 
as by seeking to establish a coordinated international compensation 
mechanism with foreign partners, including Ukraine, the G7, the 
European Union, Australia, and other partners and allies of the United 
States, which may include the establishment of an international fund, 
to be known as the ``Common Ukraine Fund'', that uses assets in the 
Ukraine Support Fund established under section 104(d) and contributions 
from foreign partners to allow for compensation for Ukraine, including 
by--
            (1) supporting a register of damage to serve as a record of 
        evidence and for assessment of the full costs of damages to 
        Ukraine resulting from the invasion of Ukraine by the Russian 
        Federation that began on February 24, 2022;
            (2) establishing a mechanism for compensating Ukraine for 
        damages resulting from that invasion;
            (3) ensuring distribution of those assets or the proceeds 
        of those assets based on determinations under that mechanism; 
        and
            (4) taking such other actions as may be necessary to carry 
        out this section.
    (b) Authorization for Deposit.--Upon the President reaching an 
agreement or arrangement to establish a common international 
compensation mechanism pursuant to subsection (a), the Secretary of 
State may transfer funds from the Ukraine Support Fund established 
under section 104(d) to a fund or mechanism established consistent with 
subsection (a).
    (c) Notifications.--
            (1) Agreement or arrangement.--The President shall notify 
        the appropriate congressional committees not later than 30 days 
        before entering into any new bilateral or multilateral 
        agreement or arrangement under subsection (a).
            (2) Transfer.--The President shall notify the appropriate 
        congressional committees not later than 30 days before any 
        transfer from the Ukraine Support Fund to a fund established 
        consistent with subsection (a).
    (d) Good Governance.--The Secretary of State, in consultation with 
the Secretary of the Treasury, shall--
            (1) seek to ensure that any fund or mechanism established 
        consistent with subsection (a) operates in accordance with 
        established international accounting principles;
            (2) seek to ensure that any such fund or mechanism is--
                    (A) staffed, operated, and administered in 
                accordance with established accounting rules and 
                governance procedures, including a mechanism for the 
                governance and operation of the fund or mechanism;
                    (B) operated transparently as to all funds 
                transfers, filings, and decisions; and
                    (C) audited on a regular basis by an independent 
                auditor, in accordance with internationally accepted 
                accounting and auditing standards;
            (3) seek to ensure that any audits of any such fund or 
        mechanism are made available to the public; and
            (4) ensure that any audits of any such fund or mechanism 
        are reviewed and reported on by the Government Accountability 
        Office to the appropriate congressional committees and the 
        public.
    (e) Limitation on Transfer of Funds.--No funds may be transferred 
from the Ukraine Support Fund to a fund or mechanism established 
consistent with subsection (a) unless the President certifies to the 
appropriate congressional committees that--
            (1) the institution housing the fund or mechanism has a 
        plan to ensure transparency and accountability for all funds 
        transferred to and from the Common Ukraine Fund; and
            (2) the President has transmitted the plan required under 
        paragraph (1) to the appropriate congressional committees in 
        writing.
    (f) Joint Resolution of Disapproval.--No funds may be transferred 
from the Ukraine Support Fund to a fund or mechanism established 
consistent with subsection (a) if, within 30 days of receipt of the 
notification required under subsection (c)(2), a joint resolution is 
enacted prohibiting the transfer.
    (g) Report.--Not later than 90 days after the date of the enactment 
of this Act, and not less frequently than every 90 days thereafter, the 
President shall submit to the appropriate congressional committees a 
report that includes the following:
            (1) An accounting of funds in any fund or mechanism 
        established consistent with subsection (a).
            (2) Any information regarding the disposition of any such 
        fund or mechanism that has been transmitted to the President by 
        the institution housing the fund or mechanism during the period 
        covered by the report.
            (3) A description of United States multilateral and 
        bilateral diplomatic engagement with allies and partners of the 
        United States that also have immobilized Russian sovereign 
        assets to allow for compensation for Ukraine during the period 
        covered by the report.
            (4) An outline of steps taken to carry out this section 
        during the period covered by the report.

SEC. 106. REPORT ON USE OF RUSSIAN SOVEREIGN ASSETS.

    Not later than 90 days after the date of the enactment of this Act, 
and every 180 days thereafter, the Secretary of State, in consultation 
with the Secretary of the Treasury, shall submit to the appropriate 
congressional committees a report that contains--
            (1) the amount and source of Russian sovereign assets 
        seized, transferred, or confiscated pursuant to subsection 
        (b)(1) of section 104;
            (2) the amount and source of funds transferred into the 
        Ukraine Support Fund under subsection (b)(3) of that section; 
        and
            (3) a detailed description and accounting of how such funds 
        were used to meet the purposes described in subsection (e) of 
        that section.

SEC. 107. REPORT ON IMMOBILIZED ASSETS OF THE CENTRAL BANK OF THE 
              RUSSIAN FEDERATION.

    (a) In General.--Not later than 90 days after the date of the 
enactment of this Act, the Secretary of the Treasury, in consultation 
with the Board of Governors of the Federal Reserve, the Federal Deposit 
Insurance Corporation, the Office of the Comptroller of the Currency, 
the National Credit Union Administration, the Securities and Exchange 
Commission, and the Commodity Futures Trading Commission, shall submit 
to the appropriate congressional committees a report that includes--
            (1) the best available accounting of the location, value, 
        and denomination of blocked and immobilized assets of the 
        Central Bank of the Russian Federation, as well as any 
        additional assets of that bank held outside of the Russian 
        Federation;
            (2) with respect to blocked and immobilized assets of the 
        Central Bank of the Russian Federation--
                    (A) a break down of those assets by the country or 
                jurisdiction in which such assets are located;
                    (B) an estimate of the value and denomination of 
                the assets held in each such country or jurisdiction; 
                and
                    (C) an identification of whether those assets are 
                securities, deposits, or other assets;
            (3) an estimate, to the extent feasible, of--
                    (A) the total income received from those assets 
                since the dates that the assets were blocked or 
                immobilized; and
                    (B) the approximate amounts of those assets that 
                are securities and have matured or expired; and
            (4) an assessment of--
                    (A) what may have happened to the securities 
                described in paragraph (3)(B); and
                    (B) how the funds from maturing securities have 
                been reinvested and the associated income flows.
    (b) Addressing Uncertainty.--In preparing the report required by 
subsection (a), the Secretary shall--
            (1) where exact figures are uncertain, provide approximate 
        ranges for those figures; and
            (2) identify areas of uncertainty or gaps in accounting, 
        including areas where the Central Bank of the Russian 
        Federation may have additional assets outside of the Russian 
        Federation.
    (c) Coordination With Allies.--The Secretary shall work with the G7 
and other allies of the United States to obtain the information 
necessary to ensure that the report submitted under subsection (a) is 
comprehensive. A joint report by the Secretary and such allies shall 
satisfy the requirements of this subsection.
    (d) Form.--
            (1) In general.--The report required by subsection (a) 
        shall be submitted in unclassified form, but may include a 
        classified annex.
            (2) Focus on public availability of information.--In 
        preparing the report required by subsection (a), the Secretary 
        shall maximize the amount of information that is included in 
        the unclassified portion of the report.

SEC. 108. ASSESSMENT BY SECRETARY OF STATE AND ADMINISTRATOR OF UNITED 
              STATES AGENCY FOR INTERNATIONAL DEVELOPMENT ON 
              RECONSTRUCTION AND REBUILDING NEEDS OF UKRAINE.

    (a) In General.--Not later than 180 days after the date of the 
enactment of this Act, the Secretary of State, in consultation with the 
Secretary of the Treasury and Administrator of the United States Agency 
for International Development, shall submit to the appropriate 
congressional committees an assessment of the most pressing needs of 
Ukraine for reconstruction, rebuilding, security assistance, and 
humanitarian aid.
    (b) Elements.--The assessment required by subsection (a) shall 
include the following:
            (1) An estimate of the rebuilding and reconstruction needs 
        of Ukraine, as of the date of the assessment, resulting from 
        the unlawful invasion of Ukraine by the Russian Federation, 
        including--
                    (A) a description of the sources and methods for 
                the estimate; and
                    (B) an identification of the locations or regions 
                in Ukraine with the most pressing needs.
            (2) An estimate of the humanitarian needs, as of the date 
        of the assessment, of the people of Ukraine, including 
        Ukrainians residing inside the internationally recognized 
        borders of Ukraine or outside those borders, resulting from the 
        unlawful invasion of Ukraine by the Russian Federation.
            (3) An assessment of the extent to which the needs 
        described in paragraphs (1) and (2) have been met or funded, by 
        any source, as of the date of the assessment.
            (4) A plan to engage in robust multilateral and bilateral 
        diplomacy to ensure that allies and partners of the United 
        States, particularly in the European Union as Ukraine seeks 
        accession, increase their commitment to Ukraine's 
        reconstruction.
            (5) An identification of which such needs should be 
        prioritized, including any assessment or request by the 
        Government of Ukraine with respect to the prioritization of 
        such needs.

SEC. 109. EXCEPTION RELATING TO IMPORTATION OF GOODS.

    (a) In General.--The authorities and requirements under this title 
shall not include the authority or a requirement to impose sanctions on 
the importation of goods.
    (b) Good Defined.--In this section, the term ``good'' means any 
article, natural or manmade substance, material, supply, or 
manufactured product, including inspection and test equipment, and 
excluding technical data.

TITLE II--MULTILATERAL COORDINATION AND COUNTERING MALIGN ACTIVITIES OF 
                         THE RUSSIAN FEDERATION

SEC. 201. STATEMENT OF POLICY REGARDING MULTILATERAL COORDINATION WITH 
              RESPECT TO THE RUSSIAN FEDERATION.

    (a) In General.--In response to the Russian Federation's unprovoked 
and illegal invasion of Ukraine, it is the policy of the United States 
that--
            (1) the United States, along with the European Union, the 
        G7, Australia, and other willing allies and partners of the 
        United States, should continue to lead a coordinated 
        international sanctions regime to freeze sovereign assets of 
        the Russian Federation;
            (2) the Secretary of State should continue to engage in 
        interagency and multilateral coordination with agencies of the 
        European Union, the G7, Australia, and other allies and 
        partners of the United States on efforts related to countering 
        the Russian Federation, including efforts related to the 
        confiscation and repurposing of Russian sovereign assets, as 
        well as to ensure the ongoing implementation and enforcement of 
        sanctions with respect to the Russian Federation in response to 
        its invasion of Ukraine;
            (3) the Secretary of State, in consultation with the 
        Secretary of the Treasury, should, to the extent practicable 
        and consistent with relevant United States law, continue to 
        lead and coordinate with the European Union, the G7, Australia, 
        and other allies and partners of the United States with respect 
        to enforcement of sanctions imposed with respect to the Russian 
        Federation;
            (4) the United States should continue to provide relevant 
        technical assistance, implementation guidance, and support 
        relating to enforcement and implementation of sanctions imposed 
        with respect to the Russian Federation;
            (5) where appropriate, the Secretary of State, in 
        consultation with the Secretary of the Treasury, should 
        continue to seek private sector input regarding sanctions 
        policy with respect to the Russian Federation and the 
        implementation of and compliance with such sanctions imposed 
        with respect to the Russian Federation; and
            (6) the Secretary of State, in coordination with the 
        Secretary of the Treasury, should continue robust diplomatic 
        engagement with allies and partners of the United States, 
        including the European Union, the G7, and Australia, to 
        encourage such allies and partners to continue to take 
        appropriate actions against the Russian Federation, including 
        the imposition of sanctions.
    (b) Authorization of Appropriations.--
            (1) In general.--There is authorized to be appropriated to 
        the Secretary of State $15,000,000 for each of fiscal years 
        2025, 2026, and 2027, to carry out this section.
            (2) Supplement not supplant.--The amounts authorized to be 
        appropriated by paragraph (1) shall supplement and not supplant 
        other amounts authorized to be appropriated for the Department 
        of State.

SEC. 202. INFORMATION ON VOTING PRACTICES IN THE UNITED NATIONS WITH 
              RESPECT TO THE INVASION OF UKRAINE BY THE RUSSIAN 
              FEDERATION.

    Section 406(b) of the Foreign Relations Authorization Act, Fiscal 
Years 1990 and 1991 (22 U.S.C. 2414a(b)), is amended--
            (1) in paragraph (4), by striking ``Assembly on'' and all 
        that follows through ``opposed by the United States;'' and 
        inserting the following: ``Assembly on--
                    ``(A) resolutions specifically related to Israel 
                that are opposed by the United States; and
                    ``(B) resolutions specifically related to the 
                invasion of Ukraine by the Russian Federation;'';
            (2) in paragraph (5), by striking ``; and'' and inserting a 
        semicolon;
            (3) by redesignating paragraph (6) as paragraph (7); and
            (4) by inserting after paragraph (5) the following:
            ``(6) an analysis and discussion, prepared in consultation 
        with the Secretary of State, of the extent to which member 
        countries supported United States policy objectives in the 
        Security Council and the General Assembly with respect to the 
        invasion of Ukraine by the Russian Federation; and''.

SEC. 203. EXPANSION OF FORFEITED PROPERTY AVAILABLE TO REMEDIATE HARMS 
              TO UKRAINE FROM RUSSIAN AGGRESSION.

    (a) In General.--Section 1708 of the Additional Ukraine 
Supplemental Appropriations Act, 2023 (division M of Public Law 117-
328; 136 Stat. 5200) is amended--
            (1) in subsection (a), by inserting ``from any forfeiture 
        fund'' after ``The Attorney General may transfer''; and
            (2) in subsection (c)--
                    (A) in paragraph (2), by striking ``which property 
                belonged'' and all that follows and inserting the 
                following: ``which property--
                    ``(A) belonged to, was possessed by, or was 
                controlled by a person the property or interests in 
                property of which were blocked pursuant to any covered 
                legal authority;
                    ``(B) was involved in an act in violation of, or a 
                conspiracy or scheme to violate or cause a violation 
                of--
                            ``(i) any covered legal authority; or
                            ``(ii) any restriction on the export, 
                        reexport, or in-country transfer of items 
                        imposed by the United States under the Export 
                        Administration Regulations, or any restriction 
                        on the export, reexport, or retransfer of 
                        defense articles under the International 
                        Traffic in Arms Regulations under subchapter M 
                        of chapter I of title 22, Code of Federal 
                        Regulations, with respect to--
                                    ``(I) the Russian Federation, 
                                Belarus, the Crimea region of Ukraine, 
                                or the so-called Donetsk and Luhansk 
                                People's Republic regions of Ukraine;
                                    ``(II) any person in any such 
                                country or region on a restricted 
                                parties list; or
                                    ``(III) any person located in any 
                                other country that has been added to a 
                                restricted parties list in connection 
                                with the malign conduct of the Russian 
                                Federation in Ukraine, including the 
                                annexation of the Crimea region of 
                                Ukraine in March 2014 and the invasion 
                                beginning in February 2022 of Ukraine, 
                                as substantially enabled by Belarus; or
                    ``(C) was involved in any related conspiracy, 
                scheme, or other Federal offense arising from the 
                actions of, or doing business with or acting on behalf 
                of, the Russian Federation, Belarus, or the Crimea 
                region of Ukraine, or the so-called Donetsk and Luhansk 
                People's Republic regions of Ukraine.''; and
                    (B) by adding at the end the following:
            ``(3) The term `covered legal authority' means any license, 
        order, regulation, or prohibition imposed by the United States 
        under the authority provided by the International Emergency 
        Economic Powers Act (50 U.S.C. 1701 et seq.) or any other 
        provision of law, with respect to--
                    ``(A) the Russian Federation;
                    ``(B) the national emergency--
                            ``(i) declared in Executive Order 13660 (50 
                        U.S.C. 1701 note; relating to blocking property 
                        of certain persons contributing to the 
                        situation in Ukraine);
                            ``(ii) expanded by--
                                    ``(I) Executive Order 13661 (50 
                                U.S.C. 1701 note; relating to blocking 
                                property of additional persons 
                                contributing to the situation in 
                                Ukraine); and
                                    ``(II) Executive Order 13662 (50 
                                U.S.C. 1701 note; relating to blocking 
                                property of additional persons 
                                contributing to the situation in 
                                Ukraine); and
                            ``(iii) relied on for additional steps 
                        taken in Executive Order 13685 (50 U.S.C. 1701 
                        note; relating to blocking property of certain 
                        persons and prohibiting certain transactions 
                        with respect to the Crimea region of Ukraine);
                    ``(C) the national emergency, as it relates to the 
                Russian Federation--
                            ``(i) declared in Executive Order 13694 (50 
                        U.S.C. 1701 note; relating to blocking the 
                        property of certain persons engaging in 
                        significant malicious cyber-enabled 
                        activities); and
                            ``(ii) relied on for additional steps taken 
                        in Executive Order 13757 (50 U.S.C. 1701 note; 
                        relating to taking additional steps to address 
                        the national emergency with respect to 
                        significant malicious cyber-enabled 
                        activities);
                    ``(D) the national emergency--
                            ``(i) declared in Executive Order 14024 (50 
                        U.S.C. 1701 note; relating to blocking property 
                        with respect to specified harmful foreign 
                        activities of the Government of the Russian 
                        Federation);
                            ``(ii) expanded by Executive Order 14066 
                        (50 U.S.C. 1701 note; relating to prohibiting 
                        certain imports and new investments with 
                        respect to continued Russian Federation efforts 
                        to undermine the sovereignty and territorial 
                        integrity of Ukraine); and
                            ``(iii) relied on for additional steps 
                        taken in--
                                    ``(I) Executive Order 14039 (22 
                                U.S.C. 9526 note; relating to blocking 
                                property with respect to certain 
                                Russian energy export pipelines);
                                    ``(II) Executive Order 14068 (50 
                                U.S.C. 1701 note; relating to 
                                prohibiting certain imports, exports, 
                                and new investment with respect to 
                                continued Russian Federation 
                                aggression); and
                                    ``(III) Executive Order 14071 (50 
                                U.S.C. 1701 note; relating to 
                                prohibiting new investment in and 
                                certain services to the Russian 
                                Federation in response to continued 
                                Russian Federation aggression); and
                            ``(iv) which may be expanded or relied on 
                        in future Executive orders; or
                    ``(E) actions or policies that undermine the 
                democratic processes and institutions in Ukraine or 
                threaten the peace, security, stability, sovereignty, 
                or territorial integrity of Ukraine.
            ``(4) The term `Export Administration Regulations' has the 
        meaning given that term in section 1742 of the Export Control 
        Reform Act of 2018 (50 U.S.C. 4801).
            ``(5) The term `restricted parties list' means any of the 
        following lists maintained by the Bureau of Industry and 
        Security:
                    ``(A) The Entity List set forth in Supplement No. 4 
                to part 744 of the Export Administration Regulations.
                    ``(B) The Denied Persons List maintained pursuant 
                to section 764.3(a)(2) of the Export Administration 
                Regulations.
                    ``(C) The Unverified List set forth in Supplement 
                No. 6 to part 744 of the Export Administration 
                Regulations.''.
    (b) Semiannual Reports.--Such section is further amended--
            (1) by redesignating subsections (c) and (d) as subsections 
        (d) and (e), respectively; and
            (2) by inserting after subsection (b) the following:
    ``(c) Not later than 180 days after the date of the enactment of 
the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act, 
and every 180 days thereafter, the Secretary of State, in consultation 
with the Attorney General and the Secretary of the Treasury, shall 
submit to the appropriate congressional committees a report on progress 
made in remediating the harms of Russian aggression toward Ukraine as a 
result of transfers made under subsection (a).''.
    (c) Plan Required.--
            (1) In general.--Not later than 30 days after the date of 
        the enactment of this Act, the Attorney General, in 
        consultation with the Secretary of the Treasury and the 
        Secretary of State, shall submit to the appropriate 
        congressional committees a plan for using the authority 
        provided by section 1708 of the Additional Ukraine Supplemental 
        Appropriations Act, 2023, as amended by this section.
            (2) Appropriate congressional committees defined.--In this 
        section, the term ``appropriate congressional committees'' has 
        the meaning given that term by section 1708 of the Additional 
        Ukraine Supplemental Appropriations Act, 2023, as amended by 
        this section.

SEC. 204. EXTENSIONS.

    (a) Section 5(a) of the Elie Wiesel Genocide and Atrocities 
Prevention Act of 2018 (Public Law 115-441; 132 Stat. 5587) is amended, 
in the matter preceding paragraph (1), by striking ``six years'' and 
inserting ``12 years''.
    (b) Section 1287(j) of the National Defense Authorization Act for 
Fiscal Year 2017 (Public Law 114-328; 22 U.S.C. 2656 note) is amended 
by striking ``on the date that is 8 years after the date of the 
enactment of this Act'' and inserting ``on September 30, 2029''.

SEC. 205. RECOGNITION OF RUSSIAN ACTIONS IN UKRAINE AS A GENOCIDE.

    (a) Findings.--Congress finds the following:
            (1) The Russian Federation's illegal, premeditated, 
        unprovoked, and brutal war against Ukraine includes extensive, 
        systematic, and flagrant atrocities against the people of 
        Ukraine.
            (2) Article II of the Convention on the Prevention and 
        Punishment of the Crime of Genocide (in this section referred 
        to as the ``Genocide Convention''), adopted and opened for 
        signature in 1948 and entered into force in 1951, defines 
        genocide as ``any of the following acts committed with intent 
        to destroy, in whole or in part, a national, ethnical, racial 
        or religious group, as such: (a) Killing members of the group; 
        (b) Causing serious bodily or mental harm to members of the 
        group; (c) Deliberately inflicting on the group conditions of 
        life calculated to bring about its physical destruction in 
        whole or in part; (d) Imposing measures intended to prevent 
        births within the group; (e) Forcibly transferring children of 
        the group to another group''.
            (3) On October 3, 2018, the Senate unanimously agreed to 
        Senate Resolution 435, 115th Congress, which commemorated the 
        85th anniversary of the Holodomor and ``recognize[d] the 
        findings of the Commission on the Ukraine Famine as submitted 
        to Congress on April 22, 1988, including that `Joseph Stalin 
        and those around him committed genocide against the Ukrainians 
        in 1932-1933'''.
            (4) Substantial and significant evidence documents 
        widespread, systematic actions against the Ukrainian people 
        committed by Russian forces under the direction of political 
        leadership of the Russian Federation that meet one or more of 
        the criteria under article II of the Genocide Convention, 
        including--
                    (A) killing members of the Ukrainian people in mass 
                atrocities through deliberate and regularized murders 
                of fleeing civilians and civilians in passing as well 
                as purposeful targeting of homes, schools, hospitals, 
                shelters, and other residential and civilian areas;
                    (B) causing serious bodily or mental harm to 
                members of the Ukrainian people by launching 
                indiscriminate attacks against civilians and civilian 
                areas, conducting willful strikes on humanitarian 
                evacuation corridors, and employing widespread and 
                systematic sexual violence against Ukrainian civilians, 
                including women, children, and men;
                    (C) deliberately inflicting upon the Ukrainian 
                people conditions of life calculated to bring about 
                their physical destruction in whole or in part, 
                including displacement due to annihilated villages, 
                towns, and cities left devoid of food, water, shelter, 
                electricity, and other basic necessities, starvation 
                caused by the destruction of farmlands and agricultural 
                equipment, the placing of Russian landmines across 
                thousands of acres of useable fields, and blocking the 
                delivery of humanitarian food aid;
                    (D) imposing measures intended to prevent births 
                among the Ukrainian people, demonstrated by the Russian 
                military's expansive and direct targeting of maternity 
                hospitals and other medical facilities and systematic 
                attacks against residential and civilian areas as well 
                as humanitarian corridors intended to deprive 
                Ukrainians of safe havens within their own country and 
                the material conditions conducive to childrearing; and
                    (E) forcibly mass transferring millions of 
                Ukrainian civilians, hundreds of thousands of whom are 
                children, to the Russian Federation or territories 
                controlled by the Russian Federation.
            (5) The intent of the Russian Federation and those acting 
        on its behalf in favor of those heinous crimes against humanity 
        has been demonstrated through frequent pronouncements and other 
        forms of official communication denying Ukrainian nationhood, 
        including President Putin's ahistorical claims that Ukraine is 
        part of a ``single whole'' Russian nation with ``no historical 
        basis'' for being an independent country.
            (6) Some Russian soldiers and brigades accused of 
        committing war crimes in Bucha, Ukraine, and elsewhere were 
        rewarded with medals by President Putin.
            (7) The Russian state-owned media outlet RIA Novosti 
        published the article ``What Should Russia do with Ukraine'', 
        which outlines ``de-Nazification'' as meaning ``de-
        Ukrainianization'' or the destruction of Ukraine and rejection 
        of the ``ethnic component'' of Ukraine.
            (8) Article I of the Genocide Convention confirms ``that 
        genocide, whether committed in time of peace or in time of war, 
        is a crime under international law which [the Contracting 
        Parties] undertake to prevent and to punish''.
            (9) Although additional documentation and analysis of 
        atrocities committed by the Russian Federation in Ukraine may 
        be needed to punish those responsible, the substantial and 
        significant documentation already undertaken, combined with 
        statements showing intent, compel urgent action to prevent 
        future acts of genocide.
            (10) The Global Magnitsky Human Rights Accountability Act 
        (22 U.S.C. 10101 et seq.) authorizes the President to impose 
        economic sanctions on, and deny entry into the United States 
        to, foreign individuals identified as engaging in gross 
        violations of internationally recognized human rights.
    (b) Sense of the Senate.--It is the sense of the Senate that--
            (1) those acting on behalf of the Russian Federation should 
        be condemned for committing acts of genocide against the 
        Ukrainian people;
            (2) the United States, in cooperation with allies in the 
        North Atlantic Treaty Organization and the European Union, 
        should undertake measures to support the Government of Ukraine 
        to prevent acts of Russian genocide against the Ukrainian 
        people;
            (3) tribunals and international criminal investigations 
        should be supported to hold Russian political leaders and 
        military personnel to account for a war of aggression, war 
        crimes, crimes against humanity, and genocide; and
            (4) the President should use the authorities under the 
        Global Magnitsky Human Rights Accountability Act (22 U.S.C. 
        10101 et seq.) to impose economic sanctions on those 
        responsible for, or complicit in, genocide in Ukraine by the 
        Russian Federation and those acting on its behalf.
                                                       Calendar No. 316

118th CONGRESS

  2d Session

                                S. 2003

_______________________________________________________________________

                                 A BILL

To authorize the Secretary of State to provide additional assistance to 
 Ukraine using assets confiscated from the Central Bank of the Russian 
 Federation and other sovereign assets of the Russian Federation, and 
                          for other purposes.

_______________________________________________________________________

                            January 30, 2024

                       Reported with an amendment