,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #ecgj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #h1         
#bjbc,mr4 ,hill introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on ,=eign 
,affairs  ,a ,,bill  ,to decl>e !       
,russian ,f$]ation an ,aggressor ,/ate &
 provide = ! transf] ( block$ assets (  
su* c\ntry to ! ,unit$ ,/ates to be us$ 
= ! recon/ruction ( ,ukra9e1 & = o!r    
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,ukra9e ,recon/ruction ,act
 ( #bjbc4  #b4 ,f9d+s ,congress f9ds !  
foll[+3 7#a7 ,! ,russian ,f$]ation1 aid$
 & abett$ by ,bel>us1 has engag$ 9      
egregi\s & illegal behavior by invad+   
,ukra9e 9 violation ( e/abli%$ norms (  
int]national law & ! ,unit$ ,nations    
,*>t]4  7#b7 ,z recogniz$ by ! ,g5]al   
,assembly ( ! ,unit$ ,nations1 ! ,gr\p (
 ,sev51 ! ,nor? ,atlantic ,p>liam5t>y   
,assembly1 & cu/om>y int]national law1 !
 ,russian ,f$]ation1 jo9$ by ,bel>us1   
has committ$1 & cont9ues to commit1     
violations ( int]national law & ! ,unit$

 ,nations ,*>t] ?r\gh its acts (        
aggression aga9/ ! civil society (      
,ukra9e1 its violation ( ! civil rights 
( ! ,ukra9ian peoples1 & its unlawful   
de/ruction ( ,ukra9e's infra/ructure &  
agriculture4  7#c7 ,^! actions by !     
,russian ,f$]ation & ,bel>us con/itute  
an unusual & extraord9>y ?reat to !     
national security & =eign policy ( !    
,unit$ ,/ates & to ! civiliz$ _w4  #c4  
,def9itions ( ,aggressor ,/ate &        
,affiliat$ ,aggressor ,/ate  7a7        
,aggressor /ate ,! ,presid5t %all       
designate ! ,russian ,f$]ation z an     
,aggressor ,/ate = purposes ( ?is ,act  
because ( its violations ( int]national 
law & ! ,unit$ ,nations ,*>t] ) respect 
to ,ukra9e4  7b7 ,affiliat$ aggressor   
/ate ,! ,presid5t %all designate ,bel>us
 z an ,affiliat$ ,aggressor ,/ate =     
purposes ( ?is ,act & ea* o!r /ate !    
,gov]nm5t ( :i* ! ,presid5t det]m9es is 
provid+ mat]ial assi/ance to an         
,aggressor ,/ate4  #d4 ,e/abli%m5t (    
fund = recon/ruction activities ,z a    

consequ5ce ( ! unw>rant$ & illegal      
actions ( ! ,aggressor ,/ate aga9/      
,ukra9e beg9n+ 9 #bjad1 ! ,presid5t     
%all-- 7#a7 ex]cise all p[]s grant$ to !
 ,presid5t by ! ,int]national ,em]g5cy  
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq47 to ! ext5t necess>y to   
block & prohibit all transactions 9     
prop]ty & int]e/s 9 sov]eign prop]ty ( !
 ,aggressor ,/ate1 includ+ any prop]ty  
own$ by /ate-own$ ent]prises ( su*      
,aggressor ,/ate1 if su* prop]ty &      
int]e/s 9 prop]ty are 9 ! ,unit$ ,/ates1
 come )9 ! ,unit$ ,/ates1 or are or come
 )9 ! possession or control ( a ,unit$  
,/ates p]son 7except t ! au?ority       
provid$ by ?is p>agraph %all n include !
 au?ority to block any prop]ty subject  
to ,article #bb ( ! ,vi5na ,conv5tion on
 ,diplomatic ,relations72  7#b7 act+    
?r\gh ! ,secret>y ( ! ,treasury-- 7,a7  
ord] ! transf] ( all assets block$      
pursuant to p>agraph 7#a7 into su*      
acc\nts z ! ,secret>y ( ! ,treasury     
det]m9es appropriate to c>ry out !      

purposes ( ?is ,act2  7,b7 transf] title
 to block$ assets f ! ,aggressor ,/ate  
to ! ,unit$ ,/ates & subsequ5tly transf]
 su* assets to su* acc\nts z ! ,secret>y
 ( ,treasury may det]m9e appropriate =  
su* purposes2  7,c7 e/abli% an          
int]national fund to hold assets donat$ 
by ! ,unit$ ,/ates & by o!r c\ntries    
implem5t+ simil> sanctions ) respect to 
! ,aggressor ,/ate1 to be us$ = !       
recon/ruction ( ,ukra9e2 &  7,d7 transf]
 assets describ$ 9 subp>agraph 7,a7 &   
7,b7 to ! int]national fund 9 su* am\nts
 & at su* times z ! ,secret>y ( !       
,treasury1 9 consultation ) ! ,secret>y 
( ,/ate1 may direct2  7#c7 act+ ?r\gh ! 
,secret>y ( ,/ate-- 7,a7 "w 9 coop]ation
 ) o!r =eign c\ntries to e/abli% an     
int]national comp5sation tribunal to    
adjudicate1 9 accordance ) e/abli%$     
judicial norms & int]national acc\nt+   
pr9ciples1 claims pres5t$ by ,ukra9e on 
behalf ( its individuals1 entities1 &   
gov]nm5tal entities1 or directly by     
,ukra9ian individuals & entities1 aga9/ 

! ,aggressor ,/ate & ,affiliat$         
,aggressor ,/ates2 &  7,b7 take su*     
/eps1 9 coop]ation ) o!r =eign c\ntries1
 z may be necess>y to-- 7i7 ensure t su*
 tribunal is /aff$1 op]at$1 & adm9i/]$ 9
 accordance ) e/abli%$ legal & acc\nt+  
rules & gov]nance proc$ures2  7ii7 make 
available am\nts f ! fund describ$ 9    
p>agraph 7#b77;,c7 = ! paym5t (         
reasonable exp5ses = ! gov]nance &      
op]ation ( ! tribunal & aw>ds made by ! 
tribunal2  7iii7 v]ify t ! tribunal is  
op]at$ transp>5tly ) respect to all     
aw>ds or o!r fund transf]s1 fil+s1 &    
decisions2 &  7iv7 ensure t su* tribunal
 is audit$ on a regul> basis by an      
indep5d5t auditor1 9 accordance ) /&>ds 
set by ! ,unit$ ,/ates ,f9ancial        
,acc\nt+ ,/&>ds ,bo>d & ,int]national   
,acc\nt+ ,/&>ds ,bo>d1 ) ! results ( su*
 audits made publicly available2 &  7#d7
 9 ! case t an appropriate tribunal     
describ$ 9 p>agraph 7#c7 is n timely    
e/abli%$-- 7,a7 9 consultation ) !      
,secret>y ( ! ,treasury1 e/abli% a      

,unit$ ,/ates ,fund = ! ,recon/ruction (
 ,ukra9e2  7,b7 transf] to su* ,fund    
assets ( ! ,aggressor ,/ate block$ 9    
accordance ) p>agraph 7#b77;,b72 &  7,c7
 9 consultation ) ! ,secret>y ( ,/ate1  
di/ribute ^! funds = ! recon/ruction (  
,ukra9e 9 accordance ) e/abli%$         
practices & acc\nt+ proc$ures4  #e4     
,imposition ( sanctions ) respect to    
affiliat$ aggressor /ates  7a7 ,9 g5]al 
,not)/&+ any o!r provision ( law1 !     
,presid5t is au?oriz$ to ex]cise all    
p[]s grant$ to ! ,presid5t by !         
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47 & ?is
 ,act ov] ! sov]eign prop]ty ( any      
,affiliat$ ,aggressor ,/ate1 includ+ any
 prop]ty own$ by /ate-own$ ent]prises ( 
su* ,affiliat$ ,aggressor ,/ate1 if su* 
prop]ty & int]e/s 9 prop]ty are 9 !     
,unit$ ,/ates1 come )9 ! ,unit$ ,/ates1 
or are or come )9 ! possession or       
control ( a ,unit$ ,/ates p]son4  7b7   
,au?orization ,to transf] into fund ,!  
,presid5t is au?oriz$ to transf] &      

o!rwise treat any asset ( an ,affiliat$ 
,aggressor ,/ate block$ pursuant to !   
au?ority provid$ by subsection 7a7 9 !  
same mann] z assets ( ! ,aggressor ,/ate
 block$ pursuant to section #d7a7 are   
treat$ z provid$ = 9 section #d7b7 &    
section #d7d74  7c7 ,exception ,!       
au?ority provid$ by ?is section %all n  
include ! au?ority to block any prop]ty 
subject to ,article #bb ( ! ,vi5na      
,conv5tion on ,diplomatic ,relations4   
#f4 ,reports  7a7 ,audit ( recon/ruction
 funds ,! ,comptroll] ,g5]al %all       
regul>ly review & submit to !           
appropriate committees ( ,congress      
reports1 :i* %all also be made publicly 
available1 on-- 7#a7 ! audits describ$ 9
 section #d7c77;,b77iv72 or  7#b7 if !  
tribunal ref]r$ to 9 su* section is n   
timely e/abli%$1 ! results ( regul>     
audits on all am\nts di/ribut$ pursuant 
to section #d7d77;,c74  7b7 ,jo9t report
 on activities ,n lat] ?an #ahj days    
aft] ! date ( ! enactm5t ( ?is ,act1 & e
 #ahj days !reaft]1 ! ,secret>y ( ,/ate 

& ! ,secret>y ( ! ,treasury %all jo9tly 
submit to ! appropriate committees (    
,congress a report on all activities    
tak5 pursuant to ?is ,act4  7c7         
,appropriate committees ( ,congress ,9  
?is section1 ! t]m appropriate          
committees ( ,congress means-- 7#a7 !   
,committee on ,=eign ,affairs & !       
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives2 &  7#b7 !      
,committee on ,=eign ,relations & !     
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate4  #g4 ,assets free f
 atta*m5t ,any & all assets subject to  
?is ,act %all be free f atta*m5t 9 any  
civil action4  #h4 ,no causes ( action  
aga9/ ! ,unit$ ,/ates ,! ,presid5t's    
actions1 & any actions by ^? to :om !   
,presid5t has delegat$ au?ority "u ?is  
,act1 d n create any "r or b5efit1      
sub/antive or proc$ural1 en=ceable at   
law or 9 equity by any p>ty1 includ+ !  
,russian ,f$]ation1 ! ,republic (       
,bel>us1 & any o!r c\ntry designat$ "u  
?is ,act1 aga9/ ! ,unit$ ,/ates1 its    

dep>tm5ts1 ag5cies1 or entities1 its    
(fic]s1 employees1 or ag5ts1 or any o!r 
p]son4  #i4 ,relation to o!r laws ,!    
au?orities grant$ by ?is ,act d n       
abrogate1 displace1 or o!rwise modify   
any & all applicable au?orities :i* o!r 
provisions ( law1 includ+ !             
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47 may  
grant ! ,presid5t ) respect to ! assets 
( ,aggressor ,/ates or ,affiliat$       
,aggressor ,/ates designat$ 9 accordance
 ) ?is ,act4  #aj4 ,sunset ,?is ,act & !
 au?orities provid$ by ?is ,act %all    
expire at midnight on ,decemb] #ca1     
#bjcj1 except t su* au?orities may rema9
 available to ! ext5t necess>y to ensure
 t all op]ations c>ri$ out "u ?is ,act  
are w\nd d[n 9 an ord]ly mann]4  #aa4   
,/ate-own$ ent]prise def9$ ,9 ?is ,act1 
! t]m /ate-own$ ent]prise ) respect to a
 c\ntry means an entity-- 7#a7 organiz$ 
"u ! laws ( ! c\ntry or any jurisdiction
 )9 ! c\ntry2 &  7#b7 ov] :i* ! gov]nm5t
 ( ! c\ntry ex]cises own]%ip1 ei!r by   

virtue ( ! gov]nm5t be+ ! ultimate      
b5eficial own] ( ! majority ( vot+ %>es 
or o!rwise ex]cis+ an equival5t degree (
 control ov] ! activities ( ! entity4