[Congressional Record Volume 169, Number 119 (Wednesday, July 12, 2023)]
[Senate]
[Pages S2425-S2428]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 264. Mr. RISCH (for himself and Mr. Whitehouse) 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 division A, add the following:

TITLE XVIII--REBUILDING ECONOMIC PROSPERITY AND OPPORTUNITY FOR UKRAINE 
                                  ACT

     SEC. 1801. SHORT TITLE.

       This title may be cited as the ``Rebuilding Economic 
     Prosperity and Opportunity for Ukraine Act'' or the ``REPO 
     for Ukraine Act''.

  Subtitle A--Confiscation and Repurposing of Russian Sovereign Assets

     SEC. 1811. FINDINGS; SENSE OF CONGRESS.

       (a) Findings.--Congress makes the following findings:
       (1) On February 24, 2022, the Government of the Russian 
     Federation violated the sovereignty and territorial integrity 
     of Ukraine by engaging in a premeditated, second illegal 
     invasion of Ukraine.
       (2) The international community has condemned the illegal 
     invasions of Ukraine by the Russian Federation, as well as 
     the commission of war crimes by the Russian Federation, 
     including through the deliberate targeting of civilians and 
     civilian infrastructure and the commission of sexual 
     violence.
       (3) The leaders of the G7 have called the Russian 
     Federation's ``unprovoked and completely unjustified attack 
     on the democratic state of Ukraine'' a ``serious violation of 
     international law and a grave breach of the United Nations 
     Charter and all commitments Russia entered in the Helsinki 
     Final Act and the Charter of Paris and its commitments in the 
     Budapest Memorandum''.
       (4) On March 2, 2022, the United Nations General Assembly 
     adopted Resolution ES-11/1, entitled ``Aggression against 
     Ukraine'', by a vote of 141 to 5. That resolution 
     ``deplore[d] in the strongest terms the aggression by the 
     Russian Federation against Ukraine in violation of Article 
     2(4) of the [United Nations] Charter'' and demanded that the 
     Russian Federation ``immediately cease its use of force 
     against Ukraine'' and ``immediately, completely and 
     unconditionally withdraw all of its military forces from the 
     territory of Ukraine within its internationally recognized 
     borders''.
       (5) On March 16, 2022, the International Court of Justice 
     issued provisional measures ordering the Russian Federation 
     to ``immediately suspend the military operations that it 
     commenced on 24 February 2022 in the territory of Ukraine''.
       (6) On November 14, 2022, the United Nations General 
     Assembly adopted a resolution--
       (A) recognizing that the Russian Federation must bear the 
     legal consequences of all

[[Page S2426]]

     of its internationally wrongful acts, including making 
     reparation for the injury, including any damage, caused by 
     such acts;
       (B) recognizing the need for the establishment of an 
     international mechanism for reparation for damage, loss, or 
     injury caused by the Russian Federation in Ukraine; and
       (C) recommending creation of an international register of 
     such damage, loss, or injury.
       (7) Under international law, a country that is responsible 
     for an internationally wrongful act is under an obligation to 
     compensate for the damage it has caused if such damage cannot 
     be made good by restitution. The Russian Federation bears 
     such responsibility to compensate Ukraine, and because of 
     this grave breach of international law, all states are 
     legally entitled to take countermeasures that are 
     proportionate and aimed at inducing the Russian Federation to 
     comply with its international obligations, including 
     countermeasures that suspend ordinary international 
     obligations to the Russian Federation, to help enforce the 
     obligation of the Russian Federation to compensate Ukraine.
       (b) Sense of Congress.--It is the sense of Congress that, 
     having committed an act of aggression, as recognized by the 
     United Nations General Assembly on March 2, 2022, the Russian 
     Federation is to be considered as an aggressor state. The 
     extreme illegal actions taken by the Russian Federation, 
     including an act of aggression, present a unique situation, 
     requiring and justifying the establishment of a legal 
     authority to compensate victims of aggression by the Russian 
     Federation in Ukraine. In this case, that authority is the 
     authority of the United States Government and other countries 
     to confiscate Russian sovereign assets in their respective 
     jurisdictions to help enforce the obligation of the Russian 
     Federation to compensate Ukraine.

     SEC. 1812. SENSE OF CONGRESS REGARDING IMPORTANCE OF THE 
                   RUSSIAN FEDERATION PROVIDING COMPENSATION TO 
                   UKRAINE.

       It is the sense of Congress that--
       (1) the Russian Federation bears responsibility for the 
     financial burden of the reconstruction of Ukraine and for 
     countless other costs associated with the illegal invasion of 
     Ukraine by the Russian Federation that began on February 24, 
     2022;
       (2) the full cost of the Russian Federation's unlawful war 
     against Ukraine and the amount of money the Russian 
     Federation must pay Ukraine should be assessed by an 
     international body or mechanism charged with determining 
     compensation and providing assistance to Ukraine;
       (3) the Russian Federation is now on notice of its 
     opportunity to comply with its international obligations, 
     including compensation, or, by agreement with the government 
     of independent Ukraine, authorize an international body or 
     mechanism to address those outstanding obligations with 
     authority to make binding decisions on parties that comply in 
     good faith;
       (4) the Russian Federation can, by negotiated agreement, 
     participate in any international process to assess the full 
     cost of the Russian Federation's unlawful war against Ukraine 
     and make funds available to compensate for damage, loss, and 
     injury arising from its internationally wrongful acts in 
     Ukraine, and if it fails to do so, the United States and 
     other countries should explore other avenues for ensuring 
     compensation to Ukraine, including confiscation and 
     repurposing of assets of the Russian Federation;
       (5) the President should lead robust engagement on all 
     bilateral and multilateral aspects of the response by the 
     United States to efforts by the Russian Federation to 
     undermine the sovereignty and territorial integrity of 
     Ukraine, including on any policy coordination and alignment 
     regarding the disposition of Russian sovereign assets in the 
     context of compensation;
       (6) the confiscation and repurposing of Russian sovereign 
     assets by the United States is in the vital national security 
     interests of the United States and consistent with United 
     States and international law; and
       (7) the United States should work with international allies 
     and partners on the confiscation and repurposing of Russian 
     sovereign assets as part of a coordinated, multilateral 
     effort, including with G7 countries and other countries in 
     which Russian sovereign assets are located.

     SEC. 1813. PROHIBITION ON RELEASE OF BLOCKED RUSSIAN 
                   SOVEREIGN ASSETS.

       (a) In General.--No Russian sovereign asset that is blocked 
     or immobilized by the Department of the Treasury before the 
     date specified in section 1814(g) may be released or 
     mobilized until the President certifies to the appropriate 
     congressional committees that--
       (1) hostilities between the Russian Federation and Ukraine 
     have ceased; and
       (2)(A) full compensation has been made to Ukraine for harms 
     resulting from the invasion of Ukraine by the Russian 
     Federation; or
       (B) the Russian Federation is participating in a bona fide 
     international mechanism that, by agreement, will discharge 
     the obligations of the Russian Federation to compensate 
     Ukraine for all amounts determined to be owed to Ukraine.
       (b) Notification.--Not later than 30 days before the 
     release or mobilization of a Russian sovereign asset that 
     previously had been blocked or immobilized by the Department 
     of the Treasury, the President shall submit to the 
     appropriate congressional committees--
       (1) a notification of the decision to release or mobilize 
     the asset; and
       (2) a justification in writing for such release or 
     mobilization.
       (c) Joint Resolution of Disapproval.--
       (1) In general.--No Russian sovereign asset that previously 
     had been blocked or immobilized by the Department of the 
     Treasury may be released or mobilized if, within 30 days of 
     receipt of the notification and justification required under 
     subsection (b), a joint resolution is enacted prohibiting the 
     proposed release or mobilization.
       (2) Expedited procedures.--Any joint resolution described 
     in paragraph (1) introduced in either House of Congress shall 
     be considered in accordance with the provisions of section 
     601(b) of the International Security Assistance and Arms 
     Export Control Act of 1976 (Public Law 94-329; 90 Stat. 765), 
     except that any such resolution shall be amendable. If such a 
     joint resolution should be vetoed by the President, the time 
     for debate in consideration of the veto message on such 
     measure shall be limited to 20 hours in the Senate and in the 
     House of Representatives shall be determined in accordance 
     with the Rules of the House.
       (d) Cooperation on Prohibition of Release of Certain 
     Russian Sovereign Assets.--The President may take such action 
     as may be necessary to seek to obtain an agreement or 
     arrangement between the United States, Ukraine, and other 
     countries that have blocked or immobilized Russian sovereign 
     assets to prohibit such assets from being released or 
     mobilized until an agreement has been reached that discharges 
     the Russian Federation from further obligations to compensate 
     Ukraine.

     SEC. 1814. AUTHORITY TO ENSURE COMPENSATION TO UKRAINE USING 
                   CONFISCATED RUSSIAN SOVEREIGN ASSETS.

       (a) Reporting on Russian Assets.--
       (1) Notice required.--Not later than 30 days after the date 
     of the enactment of this Act, the President shall, by means 
     of such instructions or regulations as the President may 
     prescribe, require any United States financial institution at 
     which Russian sovereign assets are located, and that knows or 
     should know of such assets, to provide notice of such assets, 
     including relevant information required under section 
     501.603(b)(ii) of title 31, Code of Federal Regulations (or 
     successor regulations), to the Secretary of the Treasury not 
     later than 10 days after detection of such assets.
       (2) Report required.--
       (A) In general.--Not later than 180 days after the date of 
     the enactment of this Act, and annually thereafter for 3 
     years, the President shall submit to the appropriate 
     congressional committees a report detailing the status of 
     Russian sovereign assets subject to the jurisdiction of the 
     United States.
       (B) Form.--The report required by subparagraph (A) shall be 
     submitted in unclassified form, but may include a classified 
     annex.
       (b) Confiscation.--
       (1) In general.--The President may confiscate any Russian 
     sovereign assets subject to the jurisdiction of the United 
     States.
       (2) Liquidation and deposit.--The President shall--
       (A) deposit any funds confiscated under paragraph (1) into 
     the Ukraine Support Fund established under subsection (c);
       (B) liquidate or sell any other property confiscated under 
     paragraph (1) and deposit the funds resulting from such 
     liquidation or sale into the Ukraine Support Fund established 
     under subsection (c); and
       (C) make all such funds available for the purposes 
     described in subsection (d).
       (3) Method of confiscation.--The President shall confiscate 
     Russian sovereign assets under paragraph (1) through 
     instructions or licenses or in such other manner as the 
     President determines appropriate.
       (4) Vesting.--All right, title, and interest in Russian 
     sovereign assets confiscated under paragraph (1) shall vest, 
     if necessary, in the Government of the United States while 
     being held in the Ukraine Support Fund established under 
     subsection (c).
       (c) Establishment of the Ukraine Support Fund.--
       (1) In general.--The President shall establish a non-
     interest-bearing account, to be known as the ``Ukraine 
     Support Fund'', to consist of the funds deposited into the 
     account under subsection (b).
       (2) Use of funds.--The funds in the account established 
     under paragraph (1) shall be available to be used only as 
     specified in subsection (d).
       (d) Use of Confiscated Property.--
       (1) In general.--Subject to paragraph (2), funds in the 
     Ukraine Support Fund shall be available to the Secretary of 
     State, in consultation with the Administrator of the United 
     States Agency for International Development, for the purpose 
     of compensating Ukraine for damages resulting from the 
     unlawful invasion by the Russian Federation that began on 
     February 24, 2022, including through, to the extent possible, 
     the provision of such funds to an international body or 
     mechanism charged with determining compensation and providing 
     assistance to Ukraine, for purposes that include the 
     following:
       (A) Reconstruction and rebuilding efforts in Ukraine.
       (B) To provide humanitarian assistance to the people of 
     Ukraine.

[[Page S2427]]

       (C) Such other purposes as the Secretary determines 
     directly and effectively support the recovery of Ukraine and 
     the welfare of the people of Ukraine.
       (2) Notification.--
       (A) In general.--The Secretary of State shall notify the 
     appropriate congressional committees not fewer than 15 days 
     before providing any funds from the Ukraine Support Fund to 
     the Government of Ukraine or to any other person or 
     international organization for the purposes described in 
     paragraph (1).
       (B) Elements.--A notification under subparagraph (A) with 
     respect to the provision of funds to the Government of 
     Ukraine shall specify--
       (i) the amount of funds to be provided;
       (ii) the purpose for which such funds are provided; and
       (iii) the recipient.
       (e) Judicial Review.--
       (1) In general.--The confiscation of Russian sovereign 
     assets under subsection (b)(1) shall not be subject to 
     judicial review.
       (2) Rule of construction.--Nothing in this subsection shall 
     be construed to limit any private individual or entity from 
     asserting due process claims in United States courts.
       (f) Exception for United States Obligations Under Vienna 
     Conventions.--The authorities provided by this section may 
     not be exercised in a manner inconsistent with the 
     obligations of the United States under--
       (1) the Convention on Diplomatic Relations, done at Vienna 
     April 18, 1961, and entered into force April 24, 1964 (23 UST 
     3227);
       (2) the Convention on Consular Relations, done at Vienna 
     April 24, 1963, and entered into force on March 19, 1967 (21 
     UST 77);
       (3) the Agreement Regarding the Headquarters of the United 
     Nations, signed at Lake Success June 26, 1947, and entered 
     into force November 21, 1947 (TIAS 1676); or
       (4) any other international agreement governing the use of 
     force and establishing rights under international 
     humanitarian law.
       (g) Sunset.--The authority to confiscate, liquidate, and 
     transfer Russian sovereign assets under this section shall 
     terminate on the earlier of--
       (1) the date that is 5 years after the date of the 
     enactment of this Act; or
       (2) the date that is 120 days after the date on which the 
     President determines and certifies to the appropriate 
     congressional committees that--
       (A) hostilities between the Russian Federation and Ukraine 
     have ceased; and
       (B)(i) full compensation has been made to Ukraine for harms 
     resulting from the invasion of Ukraine by the Russian 
     Federation; or
       (ii) the Russian Federation is participating in a bona fide 
     international mechanism that, by agreement, will discharge 
     the obligations of the Russian Federation to compensate 
     Ukraine for all amounts determined to be owed to Ukraine.

     SEC. 1815. INTERNATIONAL AGREEMENT TO USE RUSSIAN SOVEREIGN 
                   ASSETS TO PROVIDE FOR THE RECONSTRUCTION OF 
                   UKRAINE.

       (a) In General.--The President shall take such action as 
     the President determines necessary to seek to establish a 
     common international compensation mechanism, in coordination 
     with foreign partners including Ukraine, that shall include 
     the establishment of an international fund to be known as the 
     ``Common Ukraine Fund'', that uses assets in the Ukraine 
     Support Fund established under section 1814(c) and 
     contributions from foreign partners that have also 
     confiscated Russian sovereign assets to allow for 
     compensation for Ukraine, including by--
       (1) establishing a register of damage to serve as a record 
     of evidence and for assessment of the full costs of damages 
     to Ukraine resulting from the invasion of Ukraine by the 
     Russian Federation that began on February 24, 2022;
       (2) establishing a mechanism for compensating Ukraine for 
     damages resulting from that invasion;
       (3) ensuring distribution of those assets or the proceeds 
     of those assets based on determinations under that mechanism; 
     and
       (4) taking such other actions as may be necessary to carry 
     out this section.
       (b) Authorization for Deposit in the Common Ukraine Fund.--
     Upon the President reaching an agreement or arrangement to 
     establish a common international compensation mechanism 
     pursuant to subsection (a), the Secretary of State shall 
     transfer funds from the Ukraine Support Fund established 
     under section 1814(c) to the Common Ukraine Fund established 
     under subsection (a).
       (c) Notifications.--
       (1) Agreement or arrangement.--The President shall notify 
     the appropriate congressional committees not later than 30 
     days before entering into any new bilateral or multilateral 
     agreement or arrangement under subsection (a).
       (2) Transfer.--The President shall notify the appropriate 
     congressional committees not later than 30 days before any 
     transfer to the Common Ukraine Fund established under 
     subsection (a).
       (d) Limitation on Transfer of Funds.--No funds may be 
     transferred to the Common Ukraine Fund established under 
     subsection (a) unless the President certifies to the 
     appropriate congressional committees that--
       (1) the institution housing the Common Ukraine Fund has a 
     plan to ensure transparency and accountability for all funds 
     transferred to and from the Common Ukraine Fund; and
       (2) the President has transmitted the plan required under 
     paragraph (1) to the appropriate congressional committees in 
     writing.
       (e) Joint Resolution of Disapproval.--No funds may be 
     transferred to the Common Ukraine Fund established under 
     subsection (a) if, within 30 days of receipt of the 
     notification required under subsection (c)(2), a joint 
     resolution is enacted prohibiting the transfer.
       (f) Report.--Not later than 90 days after the date of the 
     enactment of this Act, and not less frequently than every 90 
     days thereafter, the President shall submit to the 
     appropriate congressional committees a report that includes 
     the following:
       (1) An accounting of funds in the Common Ukraine Fund 
     established under subsection (a).
       (2) Any information regarding the disposition of the Common 
     Ukraine Fund that has been transmitted to the President by 
     the institution housing the Common Ukraine Fund during the 
     period covered by the report.
       (3) A description of United States multilateral and 
     bilateral diplomatic engagement with allies and partners of 
     the United States that also have immobilized Russian 
     sovereign assets to allow for compensation for Ukraine during 
     the period covered by the report.
       (4) An outline of steps taken to carry out this section 
     during the period covered by the report.

     SEC. 1816. REPORT ON USE OF CONFISCATED RUSSIAN SOVEREIGN 
                   ASSETS FOR RECONSTRUCTION.

       Not later than 90 days after the date of the enactment of 
     this Act, and every 90 days thereafter, the Secretary of 
     State, in consultation with the Secretary of the Treasury, 
     shall submit to the appropriate congressional committees a 
     report that contains--
       (1) the amount and source of Russian sovereign assets 
     confiscated pursuant to subsection (b)(1) of section 1814;
       (2) the amount and source of funds deposited into the 
     Ukraine Support Fund under subsection (b)(2) of that section; 
     and
       (3) a detailed description and accounting of how such funds 
     were used to meet the purposes described in subsection (d) of 
     that section.

     SEC. 1817. ASSESSMENT BY SECRETARY OF STATE AND ADMINISTRATOR 
                   OF UNITED STATES AGENCY FOR INTERNATIONAL 
                   DEVELOPMENT ON RECONSTRUCTION AND REBUILDING 
                   NEEDS OF UKRAINE.

       (a) In General.--Not later than 180 days after the date of 
     the enactment of this Act, the Secretary of State, in 
     consultation with the Administrator of the United States 
     Agency for International Development, shall submit to the 
     appropriate congressional committees an assessment of the 
     most pressing needs of Ukraine for reconstruction, 
     rebuilding, security assistance, and humanitarian aid.
       (b) Elements.--The assessment required by subsection (a) 
     shall include the following:
       (1) An estimate of the rebuilding and reconstruction needs 
     of Ukraine, as of the date of the assessment, resulting from 
     the unlawful invasion of Ukraine by the Russian Federation, 
     including--
       (A) a description of the sources and methods for the 
     estimate; and
       (B) an identification of the locations or regions in 
     Ukraine with the most pressing needs.
       (2) An estimate of the humanitarian needs, as of the date 
     of the assessment, of the people of Ukraine, including 
     Ukrainians residing inside the internationally recognized 
     borders of Ukraine or outside those borders, resulting from 
     the unlawful invasion of Ukraine by the Russian Federation.
       (3) An assessment of the extent to which the needs 
     described in paragraphs (1) and (2) have been met or funded, 
     by any source, as of the date of the assessment.
       (4) A plan to engage in robust multilateral and bilateral 
     diplomacy to ensure that allies and partners of the United 
     States, particularly in the European Union as Ukraine seeks 
     accession, increase their commitment to Ukraine's 
     reconstruction.
       (5) An identification of which such needs should be 
     prioritized, including any assessment or request by the 
     Government of Ukraine with respect to the prioritization of 
     such needs.

     SEC. 1818. EXCEPTION RELATING TO IMPORTATION OF GOODS.

       (a) In General.--The authorities and requirements under 
     this subtitle shall not include the authority or a 
     requirement to impose sanctions on the importation of goods.
       (b) Good Defined.--In this section, the term ``good'' means 
     any article, natural or manmade substance, material, supply, 
     or manufactured product, including inspection and test 
     equipment, and excluding technical data.

     SEC. 1819. DEFINITIONS.

       In this subtitle:
       (1) Appropriate congressional committees.--The term 
     ``appropriate congressional committees'' means--
       (A) the Committee on Foreign Relations and the Committee on 
     Banking, Housing, and Urban Affairs of the Senate; and
       (B) the Committee on Foreign Affairs and the Committee on 
     Financial Services of the House of Representatives.
       (2) Financial institution.--The term ``financial 
     institution'' means a financial institution specified in 
     subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), 
     (J), (M), or (Z) of section 5312(a)(2) of title 31, United 
     States Code.
       (3) G7.--The term ``G7'' means the countries that are 
     member of the informal Group

[[Page S2428]]

     of 7, including Canada, France, Germany, Italy, Japan, the 
     United Kingdom, and the United States.
       (4) Russian sovereign asset.--The term ``Russian sovereign 
     asset'' means any of the following:
       (A) Funds and other property of--
       (i) the Central Bank of the Russian Federation;
       (ii) the Russian Direct Investment Fund; or
       (iii) the Ministry of Finance of the Russian Federation.
       (B) Any sovereign funds of the Russian Federation held in a 
     financial institution that is wholly owned or controlled by 
     the Government of the Russian Federation.
       (C) Any other funds or other property wholly owned or 
     controlled by the Government of the Russian Federation, 
     including by any subdivision, agency, or instrumentality of 
     that government.
       (5) United states.--The term ``United States'' means the 
     several States, the District of Columbia, the Commonwealth of 
     Puerto Rico, the Commonwealth of the Northern Mariana 
     Islands, American Samoa, Guam, the United States Virgin 
     Islands, and any other territory or possession of the United 
     States.
       (6) United states financial institution.--The term ``United 
     States financial institution'' means a financial institution 
     organized under the laws of the United States or of any 
     jurisdiction within the United States, including a foreign 
     branch of such an institution.

            Subtitle B--Multilateral Sanctions Coordination

     SEC. 1821. STATEMENT OF POLICY REGARDING COORDINATION OF 
                   MULTILATERAL SANCTIONS WITH RESPECT TO THE 
                   RUSSIAN FEDERATION.

       (a) In General.--In response to the Russian Federation's 
     unprovoked and illegal invasion of Ukraine, it is the policy 
     of the United States that--
       (1) the United States, along with the European Union, the 
     G7, Australia, and other willing allies and partners of the 
     United States, should lead a coordinated international 
     sanctions regime to freeze sovereign assets of the Russian 
     Federation;
       (2) the head of the Office of Sanctions Coordination of the 
     Department of State should engage in interagency and 
     multilateral coordination with agencies of the European 
     Union, the G7, Australia, and other allies and partners of 
     the United States to ensure the ongoing implementation and 
     enforcement of sanctions with respect to the Russian 
     Federation in response to its invasion of Ukraine;
       (3) the Secretary of State, in consultation with the 
     Secretary of the Treasury, should, to the extent practicable 
     and consistent with relevant United States law, lead and 
     coordinate with the European Union, the G7, Australia, and 
     other allies and partners of the United States with respect 
     to enforcement of sanctions imposed with respect to the 
     Russian Federation;
       (4) the United States should provide relevant technical 
     assistance, implementation guidance, and support relating to 
     enforcement and implementation of sanctions imposed with 
     respect to the Russian Federation;
       (5) where appropriate, the head of the Office of Sanctions 
     Coordination, in coordination with the Bureau of Economic and 
     Business Affairs and the Bureau of European and Eurasian 
     Affairs of the Department of State and the Department of the 
     Treasury, should seek private sector input regarding 
     sanctions policy with respect to the Russian Federation and 
     the implementation of and compliance with such sanctions 
     imposed with respect to the Russian Federation; and
       (6) the Secretary of State, in coordination with the 
     Secretary of the Treasury, should continue robust diplomatic 
     engagement with allies and partners of the United States, 
     including the European Union, the G7, and Australia, to 
     encourage such allies and partners to impose such sanctions.
       (b) Authorization of Appropriations.--
       (1) In general.--There is authorized to be appropriated to 
     the Office of Sanctions Coordination of the Department of 
     State $15,000,000 for each of fiscal years 2024, 2025, and 
     2026 to carry out this section.
       (2) Supplement not supplant.--The amounts authorized to be 
     appropriated by paragraph (1) shall supplement and not 
     supplant other amounts authorized to be appropriated for the 
     Office of Sanctions Coordination.

     SEC. 1822. ASSESSMENT OF IMPACT OF UKRAINE-RELATED SANCTIONS 
                   ON THE ECONOMY OF THE RUSSIAN FEDERATION.

       (a) Report and Briefings.--At the times specified in 
     subsection (b), the President shall submit a report and 
     provide a briefing to the appropriate congressional 
     committees on the impact on the economy of the Russian 
     Federation of sanctions imposed by the United States and 
     other countries with respect to the Russian Federation in 
     response to the unlawful invasion of Ukraine by the Russian 
     Federation.
       (b) Timing.--The President shall--
       (1) submit a report and provide a briefing described in 
     subsection (a) to the appropriate congressional committees 
     not later than 90 days after the date of the enactment of 
     this Act; and
       (2) submit to the appropriate congressional committees a 
     report described in subsection (a) every 180 days thereafter 
     until the date that is 5 years after such date of enactment.
       (c) Elements.--Each report required by this section shall 
     include--
       (1) an assessment of--
       (A) the impacts of the sanctions described in subsection 
     (a), disaggregated by major economic sector, including the 
     energy, aerospace and defense, shipping, banking, and 
     financial sectors;
       (B) the macroeconomic impact of those sanctions on Russian, 
     European, and global economy market trends, including shifts 
     in global markets as a result of those sanctions; and
       (C) efforts by other countries or actors and offshore 
     financial providers to facilitate sanctions evasion by the 
     Russian Federation or take advantage of gaps in international 
     markets resulting from the international sanctions regime in 
     place with respect to the Russian Federation; and
       (2) recommendations for further sanctions enforcement 
     measures based on trends described in paragraph (1)(B).

     SEC. 1823. INFORMATION ON VOTING PRACTICES IN THE UNITED 
                   NATIONS WITH RESPECT TO THE INVASION OF UKRAINE 
                   BY THE RUSSIAN FEDERATION.

       Section 406(b) of the Foreign Relations Authorization Act, 
     Fiscal Years 1990 and 1991 (22 U.S.C. 2414a(b)), is amended--
       (1) in paragraph (4), by striking ``Assembly on'' and all 
     that follows through ``opposed by the United States'' and 
     inserting the following: ``Assembly on--''
       ``(A) resolutions specifically related to Israel that are 
     opposed by the United States; and
       ``(B) resolutions specifically related to the invasion of 
     Ukraine by the Russian Federation.'';
       (2) in paragraph (5), by striking ``; and'' and inserting a 
     semicolon;
       (3) by redesignating paragraph (6) as paragraph (7); and
       (4) by inserting after paragraph (5) the following:
       ``(6) an analysis and discussion, prepared in consultation 
     with the Secretary of State, of the extent to which member 
     countries supported United States policy objectives in the 
     Security Council and the General Assembly with respect to the 
     invasion of Ukraine by the Russian Federation; and''.
                                 ______