This Senate resolution urges the U.S. executive branch and leaders of the G7 and European Union to seize Russian government assets held in their jurisdictions and send them to Ukraine in monthly payments of at least $10 billion, until the assets are spent. It also urges countries to coordinate their laws and create a joint fund for Ukraine. The resolution calls on the U.S. President and certain cabinet officials to favor arms sales to countries that transfer the assets to Ukraine and give lower priority to sales to countries that do not.
The resolution focuses on U.S. officials and other countries. It does not describe a direct action for individuals.
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The resolution says Russia should pay for harm caused by its invasion of Ukraine. It presents asset seizure as a way to support Ukraine’s defense and recovery, hold Russia accountable, and discourage future aggression.
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