REPO Implementation Act of 2025
Sponsored By: Representative Wilson (SC)
Introduced
Summary
Using frozen Russian sovereign assets to fund regular assistance for Ukraine. This bill would reshape how those assets are handled, expand international coordination through the Organization for Security and Co-operation in Europe (OSCE), strengthen investment rules for a Ukraine Support Fund, and set a periodic disbursement regime to send money to Ukraine on a schedule. It would also add new reporting and diplomatic steps to persuade partners to repurpose frozen assets for Ukraine.
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- Families and aid recipients in Ukraine: Would create steadier funding by requiring the Secretary of State to obligate and expend at least $250 million from the Ukraine Support Fund at least every 90 days, with the first obligation within 60 days after assets are deposited. This aims to make assistance more predictable.
- U.S. fund management and markets: Would let the Ukraine Support Fund invest idle balances in interest-bearing U.S. government obligations and credit interest and sale proceeds back to the fund. It would also let the President transfer non-confiscated frozen funds into the fund.
- Diplomacy and foreign-host countries: Would require timely public reports on locations and characteristics of frozen Russian sovereign assets and push covered countries to begin repurposing at least 5 percent of such assets each quarter to support Ukraine.
*Would require the Secretary of State to obligate and expend at least $250 million from the Ukraine Support Fund every 90 days, with the first obligation not later than 60 days after assets are deposited.*
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Global push to repurpose Russian assets
If enacted, the bill would add the OSCE Porto Declaration, which urges countries to repurpose about $300 billion in frozen Russian sovereign assets for Ukraine on a steady schedule. The President would have to report within 90 days on covered countries’ asset amounts and status, and within 270 days on other countries, in unclassified reports that may include a classified annex. State and Treasury should start within 30 days a sustained diplomatic push so covered countries repurpose at least 5% of these assets each quarter. A covered country would mean Australia and any G7 or EU member other than the United States.
Quarterly Ukraine Fund payouts and investments
If enacted, the President could move Russian state assets into a Ukraine Support Fund without confiscating them. Treasury would invest unused Fund money in interest‑bearing U.S. government or guaranteed obligations, with earnings going back to the Fund, within 45 days of enactment. While money remains, State could spend at least $250 million for Ukraine at least every 90 days, and spend the rest when the balance falls under $250 million. The first draw would occur no later than 60 days after assets are deposited in the Fund.
Sponsors & CoSponsors
Sponsor
Wilson (SC)
SC • R
Cosponsors
Kaptur
OH • D
Sponsored 10/24/2025
Kean
NJ • R
Sponsored 10/24/2025
Cohen
TN • D
Sponsored 10/24/2025
Doggett
TX • D
Sponsored 10/24/2025
Costa
CA • D
Sponsored 10/31/2025
Thompson (PA)
PA • R
Sponsored 11/4/2025
Lawler
NY • R
Sponsored 11/4/2025
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 11/4/2025
Goodlander
NH • D
Sponsored 11/7/2025
Moore (UT)
UT • R
Sponsored 11/7/2025
Auchincloss
MA • D
Sponsored 11/7/2025
Veasey
TX • D
Sponsored 11/7/2025
Vindman
VA • D
Sponsored 11/17/2025
Deluzio
PA • D
Sponsored 11/17/2025
Raskin
MD • D
Sponsored 12/2/2025
Cisneros
CA • D
Sponsored 12/9/2025
Miller (OH)
OH • R
Sponsored 12/10/2025
Randall
WA • D
Sponsored 12/16/2025
Pou
NJ • D
Sponsored 1/7/2026
Lieu
CA • D
Sponsored 1/9/2026
Scanlon
PA • D
Sponsored 2/25/2026
Goldman (NY)
NY • D
Sponsored 3/24/2026
Roll Call Votes
No roll call votes available for this bill.
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