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[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 4224 Introduced in Senate (IS)]

<DOC>

117th CONGRESS
  2d Session
                                S. 4224

To require the expenditure of an equal amount on border security as on 
 the Ukraine Security Assistance Initiative and to confiscate Russian 
  assets and make such assets available for border security, and for 
                            other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                              May 16, 2022

  Mr. Cassidy introduced the following bill; which was read twice and 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL

 
To require the expenditure of an equal amount on border security as on 
 the Ukraine Security Assistance Initiative and to confiscate Russian 
  assets and make such assets available for border security, and for 
                            other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Make Border Security a Priority Act 
of 2022''.

SEC. 2. REQUIREMENT TO EXPEND EQUAL AMOUNT ON BORDER SECURITY AS ON 
              UKRAINE SECURITY ASSISTANCE INITIATIVE.

    During fiscal years 2022 and 2023, the Secretary of Homeland 
Security shall expend on efforts to enhance security along the southern 
land border of the United States an amount that is equal to the amount 
appropriated to the Secretary of Defense for the Ukraine Security 
Assistance Initiative for that fiscal year.

SEC. 3. CONFISCATION OF ASSETS OF RUSSIAN PERSONS SUBJECT TO SANCTIONS; 
              USE OF FUNDS FOR BORDER SECURITY.

    (a) Confiscation.--
            (1) In general.--The President--
                    (A) may confiscate and vest, through instructions 
                or licenses or in such other manner as the President 
                determines appropriate, property described in paragraph 
                (2);
                    (B) may liquidate or sell any of such property; and
                    (C) shall deposit any funds confiscated and vested 
                under subparagraph (A) and any funds resulting from the 
                liquidation or sale of property under subparagraph (B) 
                in the account established under subsection (b).
            (2) Property described.--Property described in this 
        paragraph is funds and other property (including 
        cryptocurrency)--
                    (A) of Russian persons subject to sanctions imposed 
                by the United States; and
                    (B) subject to the jurisdiction of the United 
                States.
            (3) Vesting.--All right, title, and interest in funds and 
        other property confiscated under paragraph (1) shall vest in 
        the Government of the United States.
    (b) Establishment of Account for Confiscated Property.--
            (1) In general.--The President shall establish a non-
        interest-bearing account to consist of the funds deposited into 
        the account under subsection (a)(1)(C).
            (2) Use of funds.--The funds in the account established 
        under paragraph (1) shall be available, without further 
        appropriation, to the Secretary of Homeland Security for 
        physical infrastructure and equipment for U.S. Customs and 
        Border Protection to enhance security along the southern land 
        border of the United States as required by section 2.
    (c) Russian Person Defined.--In this section, the term ``Russian 
person'' means--
            (1) an individual who is a citizen or national of the 
        Russian Federation; or
            (2) an entity organized under the laws of the Russian 
        Federation.
                                 <all>
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