118th Congress · HOUSE BILLBILL

H.R. 892 — Make Russia Pay Act

“To transfer seized Russian assets to a Ukrainian Humanitarian Aid Fund and to authorize the Secretary of the Treasury to use amounts in the Fund for humanitarian assistance for Ukraine, and for other purposes.”

International affairs

Introduced Feb 9, 2023

Last action Feb 9, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 9, 2023

Step 2

Referred

Feb 9, 2023

Foreign Affairs

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Department of the Treasury to liquidate all Russian assets seized by the United States and deposit the resulting funds into a Ukrainian Humanitarian Aid Fund established by the bill. Treasury may use the funds to provide assistance to Ukraine, including by providing funding to Ukraine's government for humanitarian and security assistance.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Feb 9, 2023

Introduced in House

Feb 9, 2023

Referred to the House Committee on Foreign Affairs.