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Bill · 119th Congress · S 2918
REPO Implementation Act of 2025
Refreshed 2 h ago
Introduced 2025-09-19Topic: budget · governance ethicsSummary
AI-generated summary, report an errorThis bill changes an existing federal law about Russian government assets held in the United States and their use for Ukraine. It lets the President move Russian government funds into the Ukraine Support Fund without first confiscating them, and requires the Treasury to invest the Fund's money in U.S. government securities, with interest added to the Fund. It allows the Secretary of State to spend at least $250 million from the Fund on aid to Ukraine at least every 90 days while money remains. It requires the President to report to Congress on where Russian government assets are held in other countries, and states that the State Department should urge allied countries to repurpose at least 5 percent of those assets each quarter for Ukraine.
Sponsors
- Sheldon Whitehouse Democrat sponsor
- 14 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-10-30 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 243. | |
| 2025-10-30 | Senate | Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report. | refer |
| 2025-10-30 | Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report. | report | |
| 2025-10-22 | Senate | Committee on Foreign Relations. Ordered to be reported without amendment favorably. | refer |
| 2025-09-19 | Senate | Read twice and referred to the Committee on Foreign Relations. | refer |
| 2025-09-19 | Introduced in Senate | introduce |