II 

117TH CONGRESS 

2D SESSION S. 3936 

To provide for the use of seized Russian assets to provide support to citizens 

of Ukraine who have been made refugees as a result of the illegal 

invasion of Ukraine by the Russian Federation, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

MARCH 28, 2022 

Mr. BENNET (for himself and Mr. PORTMAN) introduced the following bill; 

which was read twice and referred to the Committee on Foreign Relations 

A BILL 

To provide for the use of seized Russian assets to provide 

support to citizens of Ukraine who have been made refugees as a result of the illegal invasion of Ukraine by 

the Russian Federation, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Repurposing Elite 

5 Luxuries Into Emergency Funds for Ukraine Act’’. 


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•S 3936 IS

1 SEC. 2. USE OF SEIZED RUSSIAN ASSETS TO SUPPORT 

2 UKRAINIAN REFUGEES. 

3 (a) DEPOSIT OF PROCEEDS OF SEIZED ASSETS.— 

4 Notwithstanding section 524(c) of title 28, United States 

5 Code, or any other provision of law, the Attorney General 

6 shall deposit all proceeds resulting from the liquidation of 

7 assets seized as a result of actions taken by the Task 

8 Force KleptoCapture, as announced by the Attorney Gen9 eral on March 2, 2022, into the Ukrainian Relief Fund 

10 established under subsection (b). 

11 (b) UKRAINIAN RELIEF FUND.— 

12 (1) ESTABLISHMENT.—The Secretary of the 

13 Treasury shall establish an account, to be known as 

14 the ‘‘Ukrainian Relief Fund’’, to be available, as 

15 provided in advance in appropriations Acts— 

16 (A) to the Secretary of State for use, in 

17 consultation with the Administrator of the 

18 United States Agency for International Devel19 opment, as specified in paragraph (2); and 

20 (B) to the Attorney General for adminis21 trative costs relating to the seizure and liquida22 tion of assets through the Task Force 

23 KleptoCapture. 

24 (2) USE OF FUNDS TO SUPPORT UKRAINIAN

25 REFUGEES.—Amounts in the Ukrainian Relief Fund 

26 shall be available to provide support to the people of 


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•S 3936 IS

1 Ukraine following the illegal invasion of Ukraine by 

2 the Russian Federation, including— 

3 (A) to promote the security, safety, health, 

4 well-being, and resettlement of Ukrainian refu5 gees; 

6 (B) to support international or nonprofit 

7 organizations engaged in direct efforts to sup8 port Ukrainian refugees; 

9 (C) to support the reconstruction, rehabili10 tation, and general recovery of Ukraine in areas 

11 no longer controlled by the Russian Federation, 

12 as certified by the Secretary of State; and 

13 (D) through such other manner as the Sec14 retary considers appropriate to promote the se15 curity, welfare, and dignity of Ukrainian refu16 gees, the recovery of the economy of Ukraine, 

17 and the general welfare of the people of 

18 Ukraine. 

19 (c) REPORT REQUIRED.—Not later than 180 days 

20 after the date of the enactment of this Act, and on an 

21 ongoing basis thereafter, the Attorney General, the Sec22 retary of State, and the Administrator of the United 

23 States Agency for International Development shall jointly 

24 report to Congress on— 


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•S 3936 IS

1 (1) assets seized and liquidated as described in 

2 subsection (a) and deposited into the Ukrainian Re3 lief Fund established under subsection (b); and 

4 (2) the use of amounts in the Ukrainian Relief 

5 Fund to support Ukrainian refugees and the recon6 struction of Ukraine. 

Æ 


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