Yachts for Ukraine Act

Bill: 117-hr-7187
Sponsor: full_name: Rep. Moulton, Seth [D-MA-6]
Introduced: 2022-03-21
Policy area: International Affairs
Subjects: Conflicts and wars

Diplomacy, foreign officials, Americans abroad

Europe

Foreign aid and international relief

Foreign property

Military operations and strategy

Presidents and presidential powers, Vice Presidents

Russia

Sanctions

Ukraine
Latest action: action_date: 2022-03-21
text: Referred to the House Committee on Foreign Affairs.

Summaries:
action_date: 2022-03-21
action_desc: Introduced in House
text: <p><strong>Yachts for Ukraine Act</strong></p> <p>This bill authorizes the President to provide humanitarian assistance to Ukraine by using the assets seized from sanctions on individuals who are oligarchs of Russia or senior foreign political figures of Russia.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 7187 IN THE HOUSE OF REPRESENTATIVES March 21, 2022 Mr. Moulton (for himself, Mr. Meijer , Mr. Auchincloss , and Mr. Gallagher ) introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To authorize the provision of humanitarian assistance to Ukraine.

1. Short title This Act may be cited as the Yachts for Ukraine Act . 2. Authority to provide humanitarian assistance to Ukraine (a) In general Notwithstanding any other provision of law, the President is authorized to take such actions as may be necessary to use the amounts described in subsection (b) to provide humanitarian assistance to Ukraine. (b) Amounts described The amounts described in this subsection are the following: (1) All monetary assets of individuals described in subsection (c) if such assets are subject to United States jurisdiction and control by reason of the imposition of sanctions under any provision of United States law. (2) All amounts derived from the liquidation or sales of other assets of individuals described in subsection (c) if such assets are subject to United States jurisdiction and control by reason of the imposition of sanctions under any provision of United States law. (c) Individuals described The individuals described in this subsection are the following: (1) Individuals who are oligarchs of the Russian Federation, as determined by the President. (2) Individuals who are senior foreign political figures of the Russian Federation. (d) Senior foreign political figure defined In subsection (c)(2), the term senior foreign political figure has the meaning given that term in section 1010.605 of title 31, Code of Federal Regulations.