Ukraine Support Act

Key Points

• Would extend and expand U.S. support for Ukraine, including military help and plans for rebuilding after the war.
• Creates a Ukraine Reconstruction Trust Fund to support rebuilding, humanitarian aid, and anti-corruption oversight, using money tied to a new tax on certain Russia/Belarus earnings on blocked assets.
• Adds tools to keep trade and shipping going with Ukraine, including war-risk insurance for cargo ships and an insurance effort led by the State Department.
• Sets up or strengthens programs to counter Russian propaganda, including $250,000,000 for Radio Free Europe/Radio Liberty in fiscal year 2026.
• Requires the President to regularly decide if Russia is continuing aggression or blocking peace talks, which would trigger major sanctions, export controls, and very large tariffs on Russian imports.