A Bill to make provision about the seizure, freezing and transfer of Russian state assets; to require the Secretary of State to publish proposals for the use of such assets for the reconstruction and rebuilding of Ukraine, including an assessment of the needs of Ukraine; and for connected purposes.
House of Commons
12 February 2025
This bill would give the UK government new powers to seize or freeze assets belonging to the Russian state and to transfer them to help rebuild Ukraine. It also requires the government to publish a plan for how those assets would be used and to assess Ukraine's reconstruction needs. The measure is designed to support Ukraine and to address risks related to Russian state assets.
The bill is currently at the second reading in the House of Commons. If it progresses, it will move to committee stage for detailed examination, followed by further readings and consideration by the Lords.
Generated 21 February 2026
The dissolution of Parliament took place on Thursday 30 May 2024. All business in the House of Commons and House of Lords has come to an end and this bill will make no further progress.
No recorded votes for this bill yet.