Code is amended by inserting after the item relating to section 892 the following new item: Sec. 892A. Taxation of income on frozen assets of Russia and Belarus. . (c) Override of treaty obligations Notwithstanding any other provision of law, this section (and the amendments made by this section) shall apply without regard to any treaty obligation of the United States. (d) Effective date The amendments made by this section shall apply to interest and dividends received after the date of the enactment of this Act. 3. Establishment of Ukraine Reconstruction Trust Fund (a) In general Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 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