Transfer of assets to Ukraine Support Fund

Section 104(b)(2) of the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act (division F of Public Law 118–50; 22 U.S.C. 9521 note) is amended— (1) in the heading, by striking Vesting and inserting Status of assets; (2) by striking For funds confiscated and inserting the following: (A) Vesting of confiscated funds For funds confiscated; and (3) by adding at the end the following: (B) Transfer of funds not confiscated For the purpose of placing Russian aggressor state sovereign assets into an interest-bearing account, the President may transfer such funds into the Ukraine Support Fund without confiscating such funds..

Section 104(b)(2) of the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act (division F of Public Law 118–50; 22 U.S.C. 9521 note) is amended— (1) in the heading, by striking Vesting and inserting Status of assets; (2) by striking For funds confiscated and inserting the following: (A) Vesting of confiscated funds For funds confiscated; and (3) by adding at the end the following: (B) Transfer of funds not confiscated For the purpose of placing Russian aggressor state sovereign assets into an interest-bearing account, the President may transfer such funds into the Ukraine Support Fund without confiscating such funds..