Ukraine Support Act

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 462.

Jul 20, 2026

The Ukraine Support Act provides assistance to Ukraine and certain European countries, including establishing a reconstruction trust fund for Ukraine, directing the U.S. International Development Finance Corporation to prioritize Ukraine support, reviving the President's authority to lend or lease defense articles to Ukraine and Eastern European countries through FY2028, extending Department of Defense authority to provide security assistance and intelligence to Ukrainian forces through 2027, and requiring the Department of State to build capacity for Baltic militaries and border forces. The bill requires the President to periodically determine whether Russia or its proxies are waging war of aggression against Ukraine, refusing to negotiate in good faith, or violating a peace agreement. If such a determination is made, the President must impose penalties including visa and property-blocking sanctions on certain Russian officials, property-blocking sanctions on Russian oil and mining companies and Rosatom and its subsidiaries, sanctions on certain Russian financial institutions, and impose tariffs of at least 500% on all Russian goods and services imported into the United States.

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Ukraine Support Act This bill addresses the war between Russia and Ukraine by (1) providing assistance to Ukraine and certain European countries, and (2) establishing penalties for Russia and certain foreign persons (individuals and entities). Assistance provided under the bill includes establishing a reconstruction trust fund for Ukraine, requiring the U.S. International Development Finance Corporation to prioritize support for Ukraine, reviving the President’s authority to lend or lease defense articles to Ukraine or Eastern European countries affected by the war through FY2028, extending through 2027 the Department of Defense’s authority to provide security assistance and intelligence support to Ukrainian forces, and requiring the Department of State to take certain actions to build the capacity of the militaries and border forces of Baltic countries. Additionally, the President must periodically determine if the Russian government or any proxy is waging a war of aggression against Ukraine, refusing to sincerely negotiate a peace agreement with Ukraine, or acting in violation of a negotiated peace agreement with Ukraine. If the President makes such a determination, the President must impose certain penalties including property- and visa-blocking sanctions on certain Russian officials; property-blocking sanctions on Russian companies in the oil and mining sectors, Rosatom (Russia's state-owned nuclear enterprise) and its subsidiaries, and certain Russian financial institutions; and increasing the rate of duty on all goods and services imported from Russia into the United States to at least 500% relative to the value of such goods and services.