Supporting Ukraine by holding corrupt Russian oligarchs accountable

(a) Reestablishment Not later than 15 days after the date of the enactment of this Act, the Attorney General, in coordination with the Secretary of State and the Secretary of the Treasury, shall reconstitute Task Force KleptoCapture, consistent with the stated purpose of such task force when it was launched by the Department of Justice on March 2, 2022. (b) Functions Task Force KleptoCapture shall— (1) enforce sanctions, export restrictions, and economic countermeasures imposed by the United States and its allies in response to the Russian Federation’s unprovoked military invasion of Ukraine; (2) target enforcement actions against officials of the Russian Federation and individuals who aid or conceal the unlawful conduct of the Russian Federation; (3) coordinate efforts, including information sharing and collection, with like-minded governments to enforce sanctions, export restrictions, and economic countermeasures related to the Russian Federation’s war in Ukraine or corruption by Russian elites and oligarchs; and (4) determine whether any assets seized during the enforcement of such sanctions and restrictions are subject to forfeiture. (c) Report Not later than 60 days after the date of the enactment of this Act, the Attorney General, in coordination with the Secretary of State and the Secretary of the Treasury, shall submit a report to the appropriate congressional committees, the Committee on the Judiciary of the Senate, the Committee on Banking, Housing, and Urban Affairs of the Senate, the Committee on the Judiciary of the House of Representatives, and the Committee on Financial Services of the House of Representatives that— (1) describes the operations and activities of Task Force KleptoCapture during the most recent 180-day period; (2) identifies the number of staff members and attorneys who are working for Task Force KleptoCapture; and (3) outlines the resources that will be dedicated to carry out the functions required under subsection (b), including efforts that will be taken to coordinate with relevant allies and partners.