Urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.

Summary

Expresses that Russia’s invasion of Ukraine amounts to crimes against humanity and breaches the U.N. Charter, notes the humanitarian harm and legal bases for reparations and countermeasures (including use of seized sovereign assets), and urges U.S. leadership and coordinated international action to convert frozen Russian sovereign assets into funding for Ukraine’s recovery and security. It also cites prior U.S. legislation and an international declaration urging repurposing of an estimated $300 billion in frozen Russian assets and criticizes passive freezing without seizure as undermining accountability.

• Declares Russia’s invasion of Ukraine to be crimes against humanity and a breach of the U.N. Charter.
• Identifies legal bases for reparations and countermeasures, including seizing sovereign assets.
• Notes that G7 froze but did not confiscate Russian sovereign assets and critiques passive freezing as insufficient for accountability.
• Cites an OSCE declaration estimating about $300 billion in frozen Russian sovereign assets that could be repurposed for Ukraine.
• References the REPO for Ukrainians Act as part of the policy framework supporting use of frozen assets.
• Urges U.S. leadership and international coordination to convert frozen assets into funding for Ukraine’s recovery and security.
• Is principally an expression of findings and recommendations rather than an appropriations or authorization measure.