The bill calls for designating Russia as a state sponsor of terrorism, citing multiple instances of Russian involvement in supporting international terrorism, including the promotion of terrorism against political opponents and other nation states, brutal attacks on civilians during the Second Chechen War, and support for the Syrian regime. The bill aims to hold Russia accountable by imposing corresponding sanctions and limiting the country's support for acts of international terrorism. It also includes provisions to ensure that humanitarian aid and agricultural exports from Ukraine are not impacted. Additionally, the bill outlines the retention of executive authority over Russian assets and reaffirms victims' rights to seek compensation from other sources.