1. Short title This Act may be cited as the Reparations for Ukraine through Sovereign nation Support and Integration Act or the RUSSIA Act . 2. Agreement to use assets of the Central Bank of the Russian Federation to provide for the reconstruction of Ukraine (a) In general The President shall take such action as may be necessary to seek to obtain an agreement between the United States and other countries that have frozen the assets of the Central Bank of the Russian Federation under which parties to the agreement will— (1) transfer such assets to a single, consolidated account at an appropriate international financial institution; (2) determine the total costs of damages to Ukraine resulting from the Russian Federation’s invasion of Ukraine; (3) distribute such assets to provide for the reconstruction of Ukraine upon cessation of hostilities in Ukraine; and (4) take such other actions as may be necessary carry out this section. (b) Definition In this section, the term international financial institution means a multilateral development institution (as defined in section 1701(c)(3) of the International Financial Institutions Act). 3. Implementation; regulations