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REPO Implementation Act of 2025

USA119th CongressS-2918| Senate 
| Updated: 10/30/2025
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (11)
Jeanne Shaheen (Democratic)Ruben Gallego (Democratic)James E. Risch (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Michael F. Bennet (Democratic)Maria Cantwell (Democratic)John Cornyn (Republican)Chuck Grassley (Republican)Richard Blumenthal (Democratic)Mike Crapo (Republican)

Foreign Relations Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The REPO Implementation Act of 2025 amends the existing Rebuilding Economic Prosperity and Opportunity for Ukrainians Act to enhance the process of utilizing Russian sovereign assets for Ukraine's benefit. It incorporates the Porto Declaration, which calls on OSCE participating states to repurpose an estimated $300 billion in frozen Russian assets for Ukraine's recovery. A key provision allows the President to transfer Russian aggressor state sovereign assets into the Ukraine Support Fund for interest-bearing purposes without immediate confiscation. The Secretary of the Treasury is then mandated to invest these funds in interest-bearing U.S. obligations, ensuring that the principal generates additional revenue for Ukraine. To ensure consistent support, the bill requires quarterly obligations of at least $250 million from the Ukraine Support Fund for assistance to Ukraine. This mechanism ensures a regular and timely flow of financial aid derived from these assets, with the first obligation encouraged within 60 days of asset deposit. Furthermore, the Act expands its scope to international partners by requiring the President to submit reports detailing Russian sovereign assets held in G7, EU, Australia, and other foreign countries. It also expresses a Sense of Congress that the Secretary of State should lead a robust diplomatic effort to persuade these nations to repurpose at least 5 percent of their held Russian assets quarterly for Ukraine's reconstruction and support. Finally, the bill includes technical corrections to the original Act and broadens the scope of judicial review provisions, aiming to streamline and strengthen the overall implementation of asset repurposing efforts.

Bill Text Versions

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2 versions available

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Timeline
Sep 19, 2025
Introduced in Senate
Sep 19, 2025
Read twice and referred to the Committee on Foreign Relations.
Oct 22, 2025
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
Oct 24, 2025

Latest Companion Bill Action

HR 119-5835
Introduced in House
Oct 30, 2025
Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
Oct 30, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 243.
  • September 19, 2025
    Introduced in Senate


  • September 19, 2025
    Read twice and referred to the Committee on Foreign Relations.


  • October 22, 2025
    Committee on Foreign Relations. Ordered to be reported without amendment favorably.


  • October 24, 2025

    Latest Companion Bill Action

    HR 119-5835
    Introduced in House


  • October 30, 2025
    Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.


  • October 30, 2025
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 243.

International Affairs

Related Bills

  • HR 119-5835: REPO Implementation Act of 2025

REPO Implementation Act of 2025

USA119th CongressS-2918| Senate 
| Updated: 10/30/2025
The REPO Implementation Act of 2025 amends the existing Rebuilding Economic Prosperity and Opportunity for Ukrainians Act to enhance the process of utilizing Russian sovereign assets for Ukraine's benefit. It incorporates the Porto Declaration, which calls on OSCE participating states to repurpose an estimated $300 billion in frozen Russian assets for Ukraine's recovery. A key provision allows the President to transfer Russian aggressor state sovereign assets into the Ukraine Support Fund for interest-bearing purposes without immediate confiscation. The Secretary of the Treasury is then mandated to invest these funds in interest-bearing U.S. obligations, ensuring that the principal generates additional revenue for Ukraine. To ensure consistent support, the bill requires quarterly obligations of at least $250 million from the Ukraine Support Fund for assistance to Ukraine. This mechanism ensures a regular and timely flow of financial aid derived from these assets, with the first obligation encouraged within 60 days of asset deposit. Furthermore, the Act expands its scope to international partners by requiring the President to submit reports detailing Russian sovereign assets held in G7, EU, Australia, and other foreign countries. It also expresses a Sense of Congress that the Secretary of State should lead a robust diplomatic effort to persuade these nations to repurpose at least 5 percent of their held Russian assets quarterly for Ukraine's reconstruction and support. Finally, the bill includes technical corrections to the original Act and broadens the scope of judicial review provisions, aiming to streamline and strengthen the overall implementation of asset repurposing efforts.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 19, 2025
Introduced in Senate
Sep 19, 2025
Read twice and referred to the Committee on Foreign Relations.
Oct 22, 2025
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
Oct 24, 2025

Latest Companion Bill Action

HR 119-5835
Introduced in House
Oct 30, 2025
Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
Oct 30, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 243.
  • September 19, 2025
    Introduced in Senate


  • September 19, 2025
    Read twice and referred to the Committee on Foreign Relations.


  • October 22, 2025
    Committee on Foreign Relations. Ordered to be reported without amendment favorably.


  • October 24, 2025

    Latest Companion Bill Action

    HR 119-5835
    Introduced in House


  • October 30, 2025
    Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.


  • October 30, 2025
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 243.
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (11)
Jeanne Shaheen (Democratic)Ruben Gallego (Democratic)James E. Risch (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Michael F. Bennet (Democratic)Maria Cantwell (Democratic)John Cornyn (Republican)Chuck Grassley (Republican)Richard Blumenthal (Democratic)Mike Crapo (Republican)

Foreign Relations Committee

International Affairs

Related Bills

  • HR 119-5835: REPO Implementation Act of 2025
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted