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United States · Bill · HR

H.R. 5925 (118th)

Make Putin Pay Act

referredUnited States· United States Congress· EN

Introduced

11 October 2023

Last action

Status

Referred to the House Committee on Foreign Affairs.

Sponsors

Subjects

Discovery layer

Source updated

18 November 2024

Summary

Make Putin Pay Act 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.

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Documents

3 official files

Introduced in House (text)

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Sources

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