Bill Overview
Title: Confiscating Corrupt Criminal Proceeds (CCCP) Act of 2022
Description: This bill authorizes forfeited property owned by a Russian or Belarusian national to be transferred to the U.S. Agency for International Development and used to provide humanitarian assistance to the people of Ukraine.
Sponsors: Rep. Burchett, Tim [R-TN-2]
Target Audience
Population: People of Ukraine affected by the humanitarian aid funded from confiscated assets
Estimated Size: 0
- The bill targets property owned by Russian or Belarusian nationals that has been confiscated due to corrupt activities.
- The focus is on redirecting the proceeds from these properties to provide humanitarian aid.
- The primary beneficiaries of this aid are the people of Ukraine who are impacted by the ongoing crisis and conflict.
- The Russian and Belarusian nationals who have engaged in corrupt activities will be impacted by losing their property.
- The U.S. government, specifically the U.S. Agency for International Development, plays a role in reallocating the assets.
- There is a broad impact on Ukrainian citizens affected by the war, potentially millions, who will benefit from the humanitarian aid funded by the proceeds.
Reasoning
- The Confiscating Corrupt Criminal Proceeds (CCCP) Act of 2022 targets property owned by Russian or Belarusian nationals involved in corrupt activities, without directly affecting American citizens' lives or wellbeing.
- The primary beneficiaries are Ukrainian citizens; thus, the humanitarian outcomes do not directly pertain to the US resident population's wellbeing.
- American citizens' opinions and perceived implications of the policy might influence their self-reported wellbeing, particularly in areas concerning international relations, moral perspectives, or political stances.
- Certain segments of the US population may perceive the policy positively due to its role in fighting corruption and supporting Ukraine, while others may have concerns about the broader geopolitical implications.
- The financial impact of confiscating large asset values is unlikely to affect daily life for American citizens outside potential foreign policy perceptions, as the target audience is essentially non-existent domestically.
Simulated Interviews
Financial Analyst (San Francisco, CA)
Age: 45 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 0.0 years
Commonness: 5/20
Statement of Opinion:
- I believe the policy is necessary to hold corrupt entities accountable.
- As someone with Russian roots, it's complex, but helping Ukraine is important.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Elementary School Teacher (Houston, TX)
Age: 30 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 0.0 years
Commonness: 10/20
Statement of Opinion:
- It's reassuring to see international aid provided where it's needed.
- I appreciate our government taking a stand against corruption.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 6 | 6 |
| Year 20 | 6 | 6 |
University Student (New York, NY)
Age: 22 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 1.0 years
Commonness: 8/20
Statement of Opinion:
- Policies like this bolster my trust in international justice.
- Glad to see aid benefiting those in need versus aiding corrupt individuals.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Retired (Atlanta, GA)
Age: 60 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 0.0 years
Commonness: 6/20
Statement of Opinion:
- I worry about the implications on international relations.
- It's good to sanction corruption but how it plays out geopolitically matters.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Software Developer (Seattle, WA)
Age: 35 | Gender: other
Wellbeing Before Policy: 5
Duration of Impact: 0.0 years
Commonness: 8/20
Statement of Opinion:
- I hope this helps Ukraine, but I'm not too involved in politics.
- The idea of aiding with confiscated assets seems intriguing.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 5 |
| Year 2 | 5 | 5 |
| Year 3 | 5 | 5 |
| Year 5 | 5 | 5 |
| Year 10 | 5 | 5 |
| Year 20 | 5 | 5 |
Journalist (Chicago, IL)
Age: 50 | Gender: female
Wellbeing Before Policy: 8
Duration of Impact: 2.0 years
Commonness: 7/20
Statement of Opinion:
- The policy aligns with values of transparency and standing against corruption.
- It's encouraging to see support for Ukrainians amidst crisis.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Film Producer (Los Angeles, CA)
Age: 28 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 3.0 years
Commonness: 9/20
Statement of Opinion:
- Stories of global conflict impact my work, and policies like this shape stories.
- Aiding Ukraine feels right from a humanitarian perspective.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Real Estate Agent (Miami, FL)
Age: 52 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 0.0 years
Commonness: 4/20
Statement of Opinion:
- Confiscating properties abroad probably won't affect the markets here.
- It's interesting to see how international property laws are enforced.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 6 | 6 |
| Year 20 | 6 | 6 |
NGO Coordinator (Boston, MA)
Age: 41 | Gender: female
Wellbeing Before Policy: 9
Duration of Impact: 5.0 years
Commonness: 3/20
Statement of Opinion:
- This action supports our efforts in helping those affected by the Ukraine conflict.
- Glad to see corrupt funds being redirected appropriately.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 9 | 9 |
| Year 2 | 9 | 9 |
| Year 3 | 9 | 9 |
| Year 5 | 9 | 9 |
| Year 10 | 9 | 9 |
| Year 20 | 9 | 9 |
Environmental Scientist (Denver, CO)
Age: 36 | Gender: other
Wellbeing Before Policy: 6
Duration of Impact: 0.0 years
Commonness: 6/20
Statement of Opinion:
- The impact of international policy actions like this seems indirect.
- Good to see funds serving humanitarian purposes over corruption.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 6 | 6 |
| Year 20 | 6 | 6 |
Cost Estimates
Year 1: $5000000 (Low: $3000000, High: $10000000)
Year 2: $5000000 (Low: $3000000, High: $10000000)
Year 3: $5000000 (Low: $3000000, High: $10000000)
Year 5: $5000000 (Low: $3000000, High: $10000000)
Year 10: $2500000 (Low: $1000000, High: $5000000)
Year 100: $500000 (Low: $0, High: $1000000)
Key Considerations
- The effectiveness of this act largely depends on the legal robustness and international cooperation in seizing and reallocating assets.
- Potential international diplomatic repercussions could both positively influence global relations and negatively attract geopolitical tensions.
- The reallocation method needs efficiency to ensure that proceeds are promptly redirected towards humanitarian aid without excessive bureaucratic delay.