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H.R.6416 / 118th Congress

Russian War Crimes in Ukraine Tax Act

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 5.

Official summary

Version 00 · Introduced in House · Nov 15, 2023

Russian War Crimes in Ukraine Tax Act

This bill imposes a 100% excise tax on certain assets of Russia and Belarus that have been frozen in connection with the invasion of Ukraine.

The bill establishes the Ukraine Reconstruction Trust Fund to hold tax revenues generated by this bill. Such revenues shall be used for the benefit of Ukraine, including reconstruction and rebuilding efforts, humanitarian assistance, and the fostering of long-term economic growth.

The Department of State must direct the U.S. Permanent Representative to the United Nations to use U.S. influence to encourage the transfer of capital gains on Russian sovereign assets to Ukraine.

Read the summary on Congress.gov
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Who introduced it

Rep. Doggett, Lloyd [D-TX-37] · D–TX

Committees

  • Foreign Affairs Committee
  • Ways and Means Committee
63 cosponsorship records, including any withdrawals

Actions

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  1. Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 5.

  2. Committee Consideration and Mark-up Session Held

  3. Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. Introduced in House

  6. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: May 27, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.6416 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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