Title I — Diplomacy and Support for Ukraine
I Diplomacy and Support for Ukraine
Sec. 102 Reaffirming the importance of NATO
Sec. 103 Condemning the kidnapping of Ukrainian children
Sec. 104 Support for Ukraine under title II of the BUILD Act of 2018
“(A) In general—The Corporation”
“(i) the President”
“(ii) such support”
“(B) Non-applicability to Ukraine—The provisions of subparagraph (A) shall not apply with respect to Ukraine.”
Sec. 105 Vessel war risk insurance
Sec. 106 Insurance for Ukraine Initiative
Sec. 107 Codification of a Special Coordinator for Ukrainian Reconstruction
Sec. 108 Support for Radio Free Europe
Sec. 109 Authorizing programs to counter and combat Russian disinformation activities
Sec. 110 Establishment of Ukraine Reconstruction Trust Fund
“9512. Ukraine Reconstruction Trust Fund
“(a) Creation of trust fund—There is established in the Treasury of the United States a trust fund to be known as the “Ukraine Reconstruction Trust Fund”, consisting of such amounts as may be appropriated to such fund as provided in this section.
“(b) Transfers to trust fund—There are hereby appropriated to the Ukraine Reconstruction Trust Fund amounts equivalent to the net revenues received in the Treasury from the taxes imposed under section 892A.
“(c) Expenditures from trust fund—Amounts in the Ukraine Reconstruction Trust Fund shall be available, as provided in appropriations Acts, only to the Secretary of State for purposes of—
“(1) reconstruction and rebuilding efforts in Ukraine,
“(2) humanitarian assistance to the people of Ukraine,
“(3) fostering long-term economic growth and private sector development in Ukraine, and
“(4) bolstering transparent and accountable governance of the Ukrainian economy.
“(d) Trust fund not interest-Bearing—Section 9602(b) shall not apply to the Ukraine Reconstruction Trust Fund.
“(e) Requirements under foreign assistance act of 1961—Any assistance made available from amounts in the Ukraine Reconstruction Trust Fund shall be subject to all applicable requirements for the provision of such assistance for the same or similar purpose authorized by the Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.), including requirements under such Act relating to administrative authorities, congressional notifications, and reporting.”