118th Congress International Affairs
H.R. 5925: Make Putin Pay Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill authorizes the Department of the Treasury to seize and confiscate assets subject to the jurisdiction of the United States that are (1) blocked due to the imposition of sanctions on persons linked to Russian President Putin, or (2) Russian sovereign assets or owned by the Russian central bank. Proceeds from the sale of seized or confiscated assets will be made available to reimburse the United States for expenses related to the Russia-Ukraine conflict.
Treasury must periodically report to Congress on the amount of proceeds obtained from the sale of seized and confiscated assets.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
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Other bills by Rich McCormick
- H.R. 7962: Export Dispute Resolution Act
- H.R. 7649: Humanitarian Theft Enforcement Act
- H.R. 5438: Incentivize Savings Act
- H.R. 1486: Economic Espionage Prevention Act
- H.R. 8361: Economic Espionage Prevention Act
- H.R. 6602: To amend the Export Control Reform Act of 2018 relating to the review of the interagency dispute resolution process.
History
- Introduced in the House by Rich McCormick.
Show the full action history (2 actions)
- Referred to the House Committee on Foreign Affairs.
- Introduced in House