[Congressional Record Volume 169, Number 123 (Tuesday, July 18, 2023)]
[Senate]
[Page S3004]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  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.
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