Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 6930
117th Congress(2021-2022)
Asset Seizure for Ukraine Reconstruction Act
Active
Active
Passed House on Apr 27, 2022
Overview
Text
Introduced
Mar 3, 2022
Latest Action
Apr 28, 2022
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6930
Congress
117
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Tom Malinowski
New Jersey
Democrat
Ami Bera
California
Democrat
Ted Lieu
California
Republican
Young Kim
California
Democrat
Jason Crow
Colorado
Republican
Maria Elvira Salazar
Florida
Republican
Jim Banks
Indiana
Democrat
Dan Kildee
Michigan
Republican
Peter Meijer
Michigan
Democrat
Dean Phillips
Minnesota
Republican
Brian Fitzpatrick
Pennsylvania
Democrat
Chrissy Houlahan
Pennsylvania
Democrat
Susan Wild
Pennsylvania
Democrat
David Cicilline
Rhode Island
Republican
Joe Wilson
South Carolina
Democrat
Steve Cohen
Tennessee
Republican
Dan Crenshaw
Texas
Republican
John Curtis
Utah
Democrat
Abigail Spanberger
Virginia
House Votes (1)
Senate Votes (0)
checkPassed on April 27, 2022
Question
On Motion to Suspend the Rules and Pass, as Amended
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
130
House Roll Call Votes
Summary

Asset Seizure for Ukraine Reconstruction Act

This bill authorizes the President to, subject to certain conditions, seize assets belonging to a foreign person whose wealth is derived in part through political support for or corruption linked to Russian President Vladimir Putin.

Specifically, for two years starting from this bill's enactment, the President may seize such assets if (1) Russia remains engaged in a conflict of territorial conquest in Ukraine; (2) the President has imposed sanctions on the owner of the assets for reasons related to corruption, human rights violations, malign influence, or conflicts in Ukraine; and (3) the assets are valued at over $5 million.

Such seized assets may be liquidated, and the resulting funds may only be used for specified purposes, including (1) the post-conflict reconstruction of Ukraine, (2) humanitarian assistance and refugee support for the Ukrainian people, (3) weapons for Ukraine's uniformed military forces, and (4) humanitarian and development assistance for the Russian people.

Text (3)
Referred in Senate
April 28, 2022
Engrossed in House
April 27, 2022
Introduced in House
March 3, 2022
Actions (13)
04/28/2022
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
04/27/2022
Motion to reconsider laid on the table Agreed to without objection.
04/27/2022
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 8 (Roll no. 130). (text: CR H4530-4531)
04/27/2022
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 8 (Roll no. 130).
04/27/2022
Considered as unfinished business. (consideration: CR H4554-4555)
04/27/2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
04/27/2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 6930.
04/27/2022
Considered under suspension of the rules. (consideration: CR H4530-4532)
04/27/2022
Mr. Phillips moved to suspend the rules and pass the bill, as amended.
04/05/2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
04/05/2022
Committee Consideration and Mark-up Session Held.
03/03/2022
Referred to the House Committee on Foreign Affairs.
03/03/2022
Introduced in House
Public Record
Record Updated
Mar 8, 2023 7:58:36 PM
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