S.Amdt. 824Senate118th Congress (2023-2025)
S.Amdt. 824
Sponsored by
Sen. Steve Daines (R-MT)
Submitted July 18, 2023
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Senate amendment submitted
July 18, 2023
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Senate amendment submitted
July 18, 2023
Floor
Senate amendment submitted
July 18, 2023
Text
Submitted
SA 824. Mr. DAINES submitted an amendment intended to be proposed by him to the bill S. 2226, to authorize appropriations for fiscal year 2024 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the end of subtitle G of title X, add the following: SEC. 1083. CONFISCATION OF ASSETS OF RUSSIAN FEDERATION; USE TO OFFSET COSTS TO UNITED STATES OF AID TO UKRAINE. (a) In General.--The President shall-- (1) confiscate, through instructions or licenses or in such other manner as the President determines appropriate, funds of the Government of the Russian Federation that are subject to the jurisdiction of the United States; and (2) deposit funds confiscated under paragraph (1) in the general fund of the Treasury to offset the costs of amounts appropriated by any Act making emergency supplemental appropriations for assistance for the situation in Ukraine for the fiscal year ending September 30, 2023. (b) Vesting.--All right, title, and interest in funds confiscated under subsection (a) shall vest in the Government of the United States. ______