Bill

BILL • US SENATE

SRES 421

A resolution urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.

119th Congress
Introduced by Richard Blumenthal, Lindsey Graham, John Neely Kennedy and 1 other co-sponsors

SRES 421 urges G7 and EU nations to seize Russian assets, allocating at least $10 billion monthly to support Ukraine's defense and reconstruction efforts.

Introduced in Senate
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Bill Summary • SRES 421

Summary of SRES 421: Resolution Urging the Seizure of Russian Sovereign Assets for Ukraine

Bill Information:
- Bill Number: SRES 421
- Title: A resolution urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.
- Status: Introduced in Senate
- Introduced: September 29, 2025
- Classification: Resolution

Purpose and Intent

The primary aim of SRES 421 is to hold the Russian Federation financially accountable for the damages caused by its military aggression against Ukraine. The resolution advocates for the seizure of Russian sovereign assets located in G7 countries and the European Union, proposing that these funds be allocated to support Ukraine's defense and reconstruction efforts.

Key Provisions

The resolution includes several significant recommendations and calls to action:

  1. Financial Responsibility:

    • Asserts that Russia is fully responsible for the harm caused by its actions in Ukraine and that its assets should be used to address this responsibility.
  2. Support for Ukraine:

    • Reaffirms the U.S. commitment to Ukraine's sovereignty and independence, urging the use of all available diplomatic, legal, and economic measures to hold Russia accountable.
  3. International Advocacy:

    • Recommends that the U.S. executive branch advocate for:
      • The removal of sovereign immunity protections for Russian assets due to violations of international law.
      • Legal grounds for the permanent confiscation of state-owned assets in response to severe violations of international norms.
      • The legitimacy of asset seizure as a means to support Ukraine's reconstruction and deter future aggression.
  4. Collaboration with Other Nations:

    • Urges countries with Russian sovereign assets to:
      • Align their domestic laws to enable asset seizure.
      • Collaborate with the U.S. to create a multilateral fund for repurposing seized assets for Ukraine.
      • Disburse seized assets to Ukraine in monthly installments of at least $10 billion until the funds are fully allocated.
  5. Pressure on Other Countries:

    • Calls on U.S. leadership to incentivize countries with Russian assets to seize and distribute these assets by:
      • Prioritizing arms sales to nations that comply with asset seizure.
      • Deprioritizing arms sales to those that do not comply.

Impact

The resolution, if acted upon, could significantly affect international relations and financial dynamics concerning Russia and Ukraine. It aims to mobilize substantial financial resources for Ukraine's defense, potentially altering the landscape of military support and diplomatic negotiations.

Legislative Actions

  • September 29, 2025: The resolution was introduced and referred to the Committee on Foreign Relations.

Sponsors

  • Primary Sponsor: John Kennedy
  • Cosponsors: Lindsey Graham, Richard Blumenthal, Sheldon Whitehouse

This resolution represents a strategic effort by U.S. lawmakers to leverage international cooperation in addressing the consequences of Russia's actions in Ukraine, emphasizing the need for accountability and support for Ukrainian sovereignty.

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