(A) no loan, credit guarantee, insurance, 
financing, or other similar financial assistance 
is provided on or after the date of the enact-
ment of this Act by any agency of the United 
States, including by the Export-Import Bank of 
the United States and the Overseas Private In-
vestment Corporation, to the Government of 
Ukraine (except with respect to the provision of 
humanitarian goods and agricultural or medical 
products); and 
(B) no funds made available to the Trade 
and Development Agency may be made avail-
able on or after the date of the enactment of 
this Act for any activity or project of the Agen-
cy in or for Ukraine. 
(4) 
INTERNATIONAL
FINANCIAL
INSTITU-
TIONS.—The President shall direct the Secretary of 
the Treasury to instruct the United States executive 
director to each appropriate international financial 
institution in which the United States participates, 
to oppose and vote against the extension by each 
such institution of any loan or financial or technical 
assistance or grant to the Government of Ukraine 
(except for loans and assistance that serve humani-
tarian needs).
(d) WAIVER.— 
(1) IN
GENERAL.—The President may waive 
the application of subsection (c)(1), (c)(2), (c)(3), or 
(c)(4), or any combination of such subsections, if the 
President determines— 
(A) that it is in the national security inter-
est of the United States to do so; 
(B) that a new president is elected in 
Ukraine in November 2004 who— 
(i) has corrected the abuses and elec-
tion irregularities outlined under section 2; 
and 
(ii) has pledged to conduct a free, 
fair, and transparent election in the par-
liamentary election scheduled for March 
2006; or 
(C) that in the case of the application any 
such subsection or combination of such sub-
sections to an individual, such individual was 
not directly or indirectly involved in any of the 
abuses or election irregularities outlined under 
section 2. 
(2) CERTIFICATION.—If the President exercises 
the waiver under paragraph (1), the President shall
submit to the appropriate congressional committees 
a report containing the reasons for such waiver. 
SEC. 6. REPORTS. 
(a) DATES FOR SUBMISSION.—Not later than 90 
days after the date of the enactment of this Act, and every 
year thereafter, the President shall transmit to the appro-
priate congressional committees a report containing the 
information required by subsection (b). In the case of the 
second and all subsequent reports, each such report shall 
contain such information with respect to the preceding 12- 
month period. 
(b) CONTENTS.—The reports required by subsection 
(a) shall contain information regarding the following: 
(1) The personal assets and bank accounts of 
the current president, prime minister and other sen-
ior government officials of the Government of 
Ukraine that are located in the United States or 
other country, and, if such assets and accounts are 
determined to have been acquired through improper 
or illicit means, any actions the United States has 
taken to investigate and seize such assets and ac-
counts and encourage such other country to take 
similar action. 
(2) The sale or delivery of weapons or weapons- 
related technologies from Ukraine to any country,
the government of which the Secretary of State has 
determined, for purposes of section 6(j)(1) of the 
Export Administration Act of 1979 (50 U.S.C. App. 
2405 (j)(1)), has repeatedly provided support for 
acts of international terrorism. 
(3) An identification of each country described 
in paragraph (2) and a detailed description of the 
weapons or weapons-related technologies involved in 
such sale. 
(4) An identification of the goods, services, 
credits, or other consideration received by Ukraine 
in exchange for the weapons or weapons-related 
technologies involved in such sale. 
(c) FORM.—A report transmitted pursuant to sub-
section (a) shall be in unclassified form but may contain 
a classified annex. 
SEC. 7. DEFINITIONS. 
In this Act: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means the Committee on International Re-
lations of the House of Representatives and the 
Committee on Foreign Relations of the Senate.
(2) SENIOR GOVERNMENT OFFICIAL.—The term 
‘‘senior government official’’ means, with respect to 
Ukraine— 
(A) any official of the Government of 
Ukraine who is personally involved in the sup-
pression of freedom and free, fair, and trans-
parent elections in Ukraine, including judges, 
law enforcement personnel, prosecutors, re-
gional governors, mayors, and administrators, 
including the president, prime minister, deputy 
prime ministers, government ministers, chair-
men and members of state committees, includ-
ing the Central Election Commission and re-
gional and local election commissions, members 
of the Presidential Administration, members of 
Parliament, and the heads of the Security Serv-
ices, State Tax Administration, and the State 
Customs Services; and 
(B) any other individual determined by the 
Secretary of State to be personally involved in 
the formulation or execution of policies or ac-
tivities that are in contradiction of internation-
ally recognized human rights and free, fair, and 
transparent elections standards. 
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