REPO Implementation Act of 2025
Sponsored By: Senator Sheldon Whitehouse
In Committee
Summary
Redirects frozen Russian sovereign assets into a managed Ukraine Support Fund to generate regular, invested payouts and push allies to repurpose assets for Ukraine. The bill anchors the Porto Declaration, creates a path to move non‑confiscated assets into the fund, requires quick investment of idle balances, and sets a quarterly payout floor to Ukraine.
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- Ukraine: Guarantees recurring support by requiring the Secretary of State to obligate at least $250 million to Ukraine not less often than every 90 days while funds remain. This creates a steady funding floor for relief, reconstruction, or other support uses.
- Foreign partners and diplomacy: Directs the State and Treasury Departments to report which countries hold frozen Russian assets and to press covered countries to repurpose at least 5 percent of those assets each quarter for Ukraine. Reports come within 90 and 270 days and may include classified annexes.
- Fund management and U.S. agencies: Allows transfer of non‑confiscated assets into the Ukraine Support Fund, requires idle amounts to be invested in U.S. government obligations within 45 days, and tightens reporting and legal references across the program.
*Requires investment of idle fund balances within 45 days and mandates at least $250 million in obligations to Ukraine every 90 days while funds remain.*
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Quarterly Ukraine aid from Russian assets
If enacted, the bill would allow Russian state assets to be moved into a Ukraine Support Fund. The Treasury would invest Fund money not needed for withdrawals in U.S. interest-bearing or guaranteed obligations within 45 days. The State Department would have to obligate and expend at least $250 million every 90 days while funds remain. If less than $250 million remains, the State Department could spend the remaining balance. Congress says the first spending should occur within 60 days after assets are deposited.
Diplomatic push to repurpose Russian assets
If enacted, the bill would define "covered country" as Australia and G7 and EU members other than the United States. The State Department and Treasury would start talks within 30 days to persuade each covered country to repurpose at least 5 percent of Russian sovereign assets in that country each quarter for Ukraine. This sets a diplomatic target and timing but does not itself appropriate money.
Sponsors & CoSponsors
Sponsor
Sheldon Whitehouse
RI • D
Cosponsors
James Risch
ID • R
Sponsored 9/19/2025
Jeanne Shaheen
NH • D
Sponsored 9/19/2025
Chuck Grassley
IA • R
Sponsored 9/19/2025
Richard Blumenthal
CT • D
Sponsored 9/19/2025
Lindsey Graham
SC • R
Sponsored 9/19/2025
Roger Wicker
MS • R
Sponsored 10/2/2025
Michael Bennet
CO • D
Sponsored 10/2/2025
John Cornyn
TX • R
Sponsored 10/28/2025
Ruben Gallego
AZ • D
Sponsored 10/28/2025
Maria Cantwell
WA • D
Sponsored 10/30/2025
Mike Crapo
ID • R
Sponsored 10/30/2025
Rick Scott
FL • R
Sponsored 1/7/2026
Angela Alsobrooks
MD • D
Sponsored 1/7/2026
Roll Call Votes
No roll call votes available for this bill.
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