Proposed
Bill · 119th Congress · HR 5835
REPO Implementation Act of 2025
Refreshed 3 h ago
Introduced 2025-10-24Topic: budget · governance ethicsSummary
AI-generated summary, report an errorThis bill changes an existing law about using Russian government assets held in the United States to help Ukraine. It would let the President move Russian government funds into the Ukraine Support Fund without first confiscating them, and it would require the Treasury to invest the Fund's money in U.S. government bonds, with interest added back to the Fund. It would allow the Secretary of State to spend at least $250 million from the Fund on aid to Ukraine at least every 90 days. It also requires the President to report to Congress on where Russian government assets are held in other countries, and it urges diplomats to press allied countries to use at least 5 percent of those assets each quarter for Ukraine.
Sponsors
- Joe Wilson Republican sponsor
- 26 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-10-24 | House | Referred to the House Committee on Foreign Affairs. | refer |
| 2025-10-24 | Introduced in House | introduce | |
| 2025-10-24 | Introduced in House | introduce |