This bill seeks to hold the Russian Federation financially accountable for damages caused by its war of aggression against Ukraine. It proposes a framework for seizing Russian state assets and repurposing them as reparations for Ukraine. The legislation aims to establish an international legal and diplomatic consensus for overriding Russia's sovereign immunity, permanently confiscating its foreign assets, and transferring them to Ukraine through a multilateral mechanism. The bill also outlines strategies to pressure other countries into participating in this asset seizure and transfer process.

John Kennedy, Richard Blumenthal, Lindsey Graham, Sheldon Whitehouse

What is the status of SR421?

Introduced as of September 29, 2025.

SR421 U.S. Senate: A resolution urging the executive branch…

SR421

A resolution urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.

Introduced

Introduced in Senate · October 1, 2025

September 29, 2025

Mr. Kennedy (for himself, Mr. Blumenthal, Mr. Graham, and Mr. Whitehouse) submitted the following resolution; which was referred to the Committee on Foreign Relations

RESOLUTION

Urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.

(1) determines that the Russian Federation bears full financial responsibility for the harm caused by its unlawful war of aggression against Ukraine, and the assets of the Russian Federation should be used to satisfy that responsibility;
(2) remains steadfast in its support for the sovereignty, independence, and right to self-defense of Ukraine, and believes all available diplomatic, legal, and economic tools should be leveraged to hold the Russian Federation accountable;
(3) recommends that the executive branch advocate internationally that—
1. (A) the violation of international law by the Russian Federation removes its entitlement to sovereign immunity protections over assets located abroad, under the doctrine of countermeasures;