House Passes New Ukraine Aid Bill, Setting Up Senate Showdown

BusinessAerospace & DefenseHouse Passes New Ukraine Aid Bill, Setting Up Senate ShowdownByMark Temnycky,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Mark Temnycky is a freelance writer focused on defense and energy Follow AuthorJun 05, 2026, 06:00am EDTWASHINGTON, DC - MARCH 6: Rep. Jim Costa (D-CA) during a news conference on Capitol Hill on March, 6 2024 in Washington, DC. The bipartisan news conference discussed foreign aid funding for Ukraine, Israel and Taiwan. (Photo by Kent Nishimura/Getty Images)Getty ImagesFollowing a June 3 procedural vote to advance a new Ukraine aid package through a discharge petition, the House of Representatives voted on the Ukraine Support Act on the evening of June 4. The bill passed 226-195 with bipartisan backing.The Ukraine Support Act (H.R. 2913) establishes a reconstruction trust fund for Ukraine, directs the U.S. International Development Finance Corporation to prioritize support for Ukraine, provides $8 billion in military financing loans to Ukraine, and extends the Ukraine Security Assistance Initiative through 2027. The bill also proposes new sanctions on Russian officials, Russian oil and mining companies, the Russian state-owned company Rosatom, its subsidiaries, and multiple Russian financial institutions.Having been passed by the House, the Ukraine Support Act will now proceed to the Senate. The bill will require the support of at least 60 senators to pass. If the Senate approves the legislation, it will be sent to U.S. President Donald Trump for his consideration and potential signature. It would then become law.The vote on new U.S. aid to Ukraine comes at a critical time in the Russia-Ukraine War, as Bloomberg and Reuters reported last month that Ukraine is running low on air-defense supplies. Earlier this week, the BBC, CNN, and other outlets reported that the Russian Federation launched drone and missile attacks on cities across Ukraine. PBS reported that dozens of civ...