Senate Resolution
S.Res. 421
A resolution 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.
Primary Sponsor
John Kennedy
R - LA
Cosponsors
3
Quick Stats
Policy Area
Summary
This bipartisan resolution urges the U.S., G7, and EU to seize frozen Russian sovereign assets (estimated at $300 billion) and disburse them to Ukraine in tranches of at least $10 billion per month. The resolution cites Russia's war crimes, including 14,000 documented civilian deaths, 120,000 soldiers killed or missing, and $524 billion in estimated reconstruction costs.
Latest Action
Referred to the Committee on Foreign Relations. (text: CR S6839-6840)