,i #aah? ,,congress #a/ ,session ,h4 ,r4 #fdaf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #ae1 #bjbc,mr4 ,doggett 7= himself1 ,mr4 ,wilson ( ,s\? ,c>ol9a1 ,mr4 ,bacon1 ,mr4 ,fitzpatrick1 ,mrs4 ,radewag51 ,ms4 ,salaz>1 ,mr4 ,smi? ( ,new ,j]sey1 ,mr4 ,blum5au]1 ,mr4 ,boyle ( ,p5nsylvania1 ,ms4 ,*u1 ,mr4 ,cleav]1 ,mr4 ,coh51 ,mr4 ,co/a1 ,mr4 ,cuell>1 ,mr4 ,davis ( ,ill9ois1 ,mr4 ,g>am5di1 ,mr4 ,goldman ( ,new ,york1 ,mr4 ,got!im]1 ,mr4 ,gre5 ( ,texas1 ,mr4 ,grijalva1 ,mr4 ,johnson ( ,georgia1 ,ms4 ,kaptur1 ,mr4 ,keat+1 ,mr4 ,khanna1 ,mr4 ,kildee1 ,mr4 ,l&sman1 ,mr4 ,lieu1 ,mr4 ,lyn*1 ,mr4 ,magaz9]1 ,mr4 ,mc,govern1 ,mr4 ,meeks1 ,mr4 ,morelle1 ,ms4 ,norton1 ,mr4 ,pallone1 ,mr4 ,panetta1 ,mr4 ,pascrell1 ,mr4 ,payne1 ,mr4 ,rupp]sb]g]1 ,ms4 ,s*ak[sky1 ,mr4 ,s*iff1 ,mr4 ,s*neid]1 ,mr4 ,%]man1 ,mr4 ,swalwell1 ,ms4 ,titus1 ,mr4 ,trone1 ,mr4 ,v>gas1 ,mr4 ,quigley1 ,mr4 ,lamborn1 ,ms4 ,/ev5s1 ,ms4 ,m5g1 ,mr4 ,nadl]1 & ,mr4 ,tonko7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs1 & 9 addition to ! ,committee on ,ways & ,means1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to impose c]ta9 tax p5alties 9 connection ) ! invasion ( ,ukra9e4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,russian ,w> ,crimes 9 ,ukra9e ,tax ,act4 #b4 ,taxation ( income on froz5 assets ( ,russia & ,bel>us 7a7 ,9 g5]al ,subp>t ,d ( "p ,,ii ( sub*apt] ,n ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] section #hib ! foll[+ new section3 #hib;,a4 ,taxation ( income on froz5 assets ( ,russia & ,bel>us 7a7 ,9 g5]al ,not)/&+ sections #hib & #hie 7or any o!r provision ( law71 !re is h]eby impos$ = ea* taxable ye> on ! disqualifi$ income ( any specifi$ =eign gov]nm5t a tax equal to #ajj p]c5t !re(4 7b7 ,)hold+ 7#a7 ,9 g5]al ,not)/&+ section #bjc ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7or any o!r provision ( law71 any p]son hav+ control1 receipt1 cu/ody1 disposal1 or paym5t ( disqualifi$ income ) respect to :i* tax is impos$ "u subsection 7a7 %all d$uct & )hold f su* income a tax equal to #ajj p]c5t !re(4 7#b7 ,application ( c]ta9 rules ,= purposes ( sub*apt] ,b ( *apt] #c1 section #cc1 & su* o!r provisions z ! ,secret>y may provide1 p>agraph 7#a7 %all be treat$ z "p ( sub*apt] ,a ( *apt] #c4 7c7 ,disqualifi$ income ,= purposes ( ?is section1 ! t]m disqualifi$ income means any int]e/ or divid5ds payable ) respect to assets :i* are block$ us+ ! au?orities provid$ by section #bjc ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act4 7d7 ,specifi$ =eign gov]nm5t ,= purposes ( ?is section1 ! t]m specifi$ =eign gov]nm5t means ! =eign gov]nm5ts 7)9 ! mean+ ( section #hib & ! regulations issu$ !reund]7 ( ,russia & ,bel>us4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,d ( "p ,,ii ( sub*apt] ,n ( *apt] #a ( su* ,code is am5d$ by ins]t+ aft] ! item relat+ to section #hib ! foll[+ new item3 ,sec4 #hib;,a4 ,taxation ( income on froz5 assets ( ,russia & ,bel>us4 4 7c7 ,ov]ride ( treaty obligations ,not)/&+ any o!r provision ( law1 ?is section 7& ! am5dm5ts made by ?is section7 %all apply )\t reg>d to any treaty obligation ( ! ,unit$ ,/ates4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to int]e/ & divid5ds receiv$ aft] ! date ( ! enactm5t ( ?is ,act4 #c4 ,e/abli%m5t ( ,ukra9e ,recon/ruction ,tru/ ,fund 7a7 ,9 g5]al ,sub*apt] ,a ( *apt] #ih ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #ieab4 ,ukra9e ,recon/ruction ,tru/ ,fund 7a7 ,creation ( tru/ fund ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a tru/ fund to be kn[n z ! ,ukra9e ,recon/ruction ,tru/ ,fund1 consi/+ ( su* am\nts z may be appropriat$ to su* fund z provid$ 9 ?is section4 7b7 ,transf]s to tru/ fund ,!re are h]eby appropriat$ to ! ,ukra9e ,recon/ruction ,tru/ ,fund am\nts equival5t to ! net rev5ues receiv$ 9 ! ,treasury f ! taxes impos$ "u section #hib;,a4 7c7 ,exp5ditures f tru/ fund ,am\nts 9 ! ,ukra9e ,recon/ruction ,tru/ ,fund %all be available1 z provid$ 9 appropriations ,acts1 only to ! ,secret>y ( ,/ate = purposes (-- 7#a7 recon/ruction & rebuild+ ef=ts 9 ,ukra9e1 7#b7 humanit>ian assi/ance to ! p ( ,ukra9e1 7#c7 fo/]+ long-t]m economic gr[? & private sector developm5t 9 ,ukra9e1 & 7#d7 bol/]+ transp>5t & acc\ntable gov]nance ( ! ,ukra9ian economy4 7d7 ,tru/ fund n int]e/-,be>+ ,section #ifjb7;b7 %all n apply to ! ,ukra9e ,recon/ruction ,tru/ ,fund4 7e7 ,requirem5ts "u ,=eign ,assi/ance ,act ( #aifa ,any assi/ance made available f am\nts 9 ! ,ukra9e ,recon/ruction ,tru/ ,fund %all be subject to all applicable requirem5ts = ! provision ( su* assi/ance = ! same or simil> purpose au?oriz$ by ! ,=eign ,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4 #baea et seq471 includ+ requirem5ts "u su* ,act relat+ to adm9i/rative au?orities1 congressional notifications1 & report+4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = sub*apt] ,a ( *apt] #ih ( su* ,code is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #ieab4 ,ukra9e ,recon/ruction ,tru/ ,fund4 4 7c7 ,report 7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = #c ye>s1 ! ,secret>y ( ,/ate %all submit to ! appropriate congressional committees a report detail+ ! use ( any funds made available f ! ,ukra9ian ,recon/ruction ,tru/ ,fund4 7#b7 ,appropriate congressional committees ,9 ?is subsection1 ! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,affairs1 ! ,committee on ,ways & ,means1 & ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives2 & 7,b7 ! ,committee on ,=eign ,relations1 ! ,committee on ,f9ance1 & ! ,committee on ,appropriations ( ! ,s5ate4 #d4 ,diplomatic ,assi/ance ,au?orization 7a7 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,s9ce ,febru>y #bd1 #bjbb1 ,russia has be5 engag$ an illegal1 unju/ifiable1 & unprovok$ w> aga9/ ,ukra9e4 7#b7 ,on ,novemb] #ad1 #bjbb1 ! ,unit$ ,nations adopt$ a resolution recogniz+ t ,russia mu/ be> ! int]national legal consequ5ces = its violations ( int]national law & ,ukra9ian sov]eignty4 7#c7 ,on ,decemb] #bc1 #bjbb1 ,congress pass$ ,h4,r4 #bfag1 ! ,consolidat$ ,appropriations ,act #bjbc1 :i* 0 sign$ by ! ,presid5t ( ! ,unit$ ,/ates on ,decemb] #bi1 #bjbb1 & au?oriz$ ! ,unit$ ,/ates ,gov]nm5t to transf] ! illegally begott5 assets ( ,russian olig>*s to ,ukra9e4 7#d7 ,9 ,octob] #bjbc1 ne>ly #cjj1jjj1jjj1jjj ( ,russian sov]eign assets are froz5 9 c\ntries ar\nd ! _w b less ?an #b p]c5t ( ^? funds are 9 held 9 ! ,unit$ ,/ates4 7#e7 ,! transf] ( a #c p]c5t capital ga9 on ! ,russian sov]eign assets froz5 ar\nd ! _w w\ld exce$ a transf] ( #ajj p]c5t ( all ( ! ,russian sov]eign assets curr5tly )9 ! ,unit$ ,/ates4 7b7 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates t3 7#a7 ,any int]e/ or return on ,russian sov]eign assets froz5 by allies & p>tn]s ar\nd ! _w %\ld be transf]r$ to ,ukra9e4 7#b7 ,! ,unit$ ,/ates %\ld make x a diplomatic priority to enc\rage allies & p>tn]s 9 ,europe1 ,asia1 & ar\nd ! _w to transf] any return on ,russian sov]eign assets to ,ukra9e4 7c7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ #be1jjj1jjj = ! ,unit$ ,/ates ,special ,repres5tative = ,ukra9e's ,economic ,recov]y to advance ! policies set =? 9 subsection 7b74 #e4 ,support at ! ,unit$ ,nations 7a7 ,9 g5]al ,! ,secret>y ( ,/ate %all direct ! ,unit$ ,/ates ,p]man5t ,repres5tative to ! ,unit$ ,nations to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to enc\rage o!r c\ntries to develop me*anisms to transf] any capital ga9s on ,russian sov]eign assets to ,ukra9e4 7b7 ,report ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,/ate %all submit a report to ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives & ! ,committee on ,=eign ,relations ( ! ,s5ate a report detail+ ef=ts & actions ( ! ,p]man5t ,repres5tative z direct$ by subsection 7a74