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US SR421
Resolution
AI Summary
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Urges the U.S. executive branch, G7 nations, and European Union to seize approximately $300 billion in frozen Russian sovereign assets and transfer them to Ukraine in monthly tranches of at least $10 billion until funds are exhausted
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Declares Russia bears full financial responsibility for damages from its invasion, citing 14,000 documented civilian deaths, 120,000 Ukrainian soldiers killed or missing, over 10 million displaced persons, and an estimated $524 billion in reconstruction costs
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Calls on allied nations to harmonize domestic legal frameworks with the U.S. REPO for Ukrainians Act (Public Law 118-50) to enable lawful asset seizure and establish a multilateral sovereign asset repurposing fund
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Directs the President, Secretary of State, and Secretary of Defense to pressure countries holding Russian assets by prioritizing U.S. weapons sales to nations that seize and distribute assets to Ukraine, and deprioritizing sales to those that do not
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Asserts that Russia's violations of international law, including UN Charter Article 2(4), remove its entitlement to sovereign immunity protections under the legal doctrine of countermeasures
Legislative Description
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.
International affairs
Last Action
Referred to the Committee on Foreign Relations. (text: CR S6839-6840)
9/29/2025