S3359-118

Introduced

To authorize the seizure and forfeiture of assets of Russian kleptocrats, and for other purposes.

118th Congress Introduced Nov 29, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To authorize the seizure and forfeiture of assets of Russian kleptocrats, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Trade, Defense.

Who Benefits and How

foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Asset Seizure for Ukraine Reconstruction Act.
  • Section id6D591D0E664A417AB78CE264E20AC456: 2. National emergency declaration relating to harmful activities of Russian Federation relating to Ukraine The procedures under section 3 shall apply if the...
  • Section id3cef107f49b042a5905c948d906e20a7: 3. Procedures Property may be forfeited through nonjudicial civil forfeiture under section 609 of the Tariff Act of 1930 (19 U.S.C. 1609), without regard to...
  • Section id45edd51c15b743ed81239fec922d10cb: 4. Expansion of forfeited property available to remediate harms to Ukraine from Russian aggression Section 1708(c) of the Additional Ukraine Supplemental...
  • Section id472D7D1A70024A59AC6A6F351B12A122: 5. Rulemaking The Attorney General and the Secretary of the Treasury may prescribe regulations to carry out this Act without regard to the requirements of...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To authorize the seizure and forfeiture of assets of Russian kleptocrats, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Trade, Defense

Primary Purpose

This bill, To authorize the seizure and forfeiture of assets of Russian kleptocrats, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Trade Defense

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
foreign governments, international partners, and aid recipients:
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
foreign governments, international partners, and aid recipients:

Legislative Progress

Introduced
Introduced Committee Passed
Nov 29, 2023

Mr. Whitehouse (for himself, Mr. Graham, Mr. Blumenthal, Mr. Risch, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Policy Trade Defense
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology