US HB2913

Authorizes $8 billion in direct loans and foreign military financing for Ukraine and NATO allies, extends the Ukraine Security Assistance Initiative through 2027 with $300 million annually, and reauthorizes lend-lease authority through fiscal year 2028

Establishes comprehensive sanctions triggered by presidential determination that Russia is conducting war against Ukraine, targeting Russian financial institutions (including Sberbank, VTB, Gazprombank), oil and mining companies, senior government officials, and vessels violating the Russian oil price cap

Creates a Ukraine Reconstruction Trust Fund funded by a 100% tax on interest and dividends from blocked Russian sovereign assets, with proceeds designated for rebuilding Ukraine, humanitarian assistance, and economic development

Authorizes $250 million for Radio Free Europe/Radio Liberty for fiscal year 2026, establishes an Insurance for Ukraine Initiative for war risk insurance, and codifies a Special Coordinator for Ukrainian Reconstruction within the State Department

Imposes tariffs of at least 500% on all Russian imports, bans energy products from refineries using Russian crude oil, requires congressional review before terminating Russia sanctions, and mandates sanctions on entities facilitating Russia-North Korea military cooperation and the kidnapping of Ukrainian children