# 119-s-2918: REPO Implementation Act of 2025

119-s-2918, REPO Implementation Act of 2025, is a 119th Congress bill sponsored by Sen. Whitehouse, Sheldon [D-RI] (D-RI); status in_committee; PRIA reads it as touching household money (as of 2026-04-23).

- Canonical: https://policyrisk.com/legislation/119-s-2918
- As of: 2026-04-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2918
- Congress: 119
- Title: REPO Implementation Act of 2025
- Status: in_committee
- Introduced: 2025-09-19
- Sponsor: Sen. Whitehouse, Sheldon [D-RI] (D-RI)
- Cosponsors: 15
- Policy area: unknown
- Touches household money: yes
- Last recorded action: 2026-04-23

## 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. - 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.*

## Cosponsors (15)

- Sen. Risch, James E. [R-ID] (R-ID), 2025-09-19T00:00:00.000Z
- Sen. Shaheen, Jeanne [D-NH] (D-NH), 2025-09-19T00:00:00.000Z
- Sen. Grassley, Chuck [R-IA] (R-IA), 2025-09-19T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-09-19T00:00:00.000Z
- Sen. Graham, Lindsey [R-SC] (R-SC), 2025-09-19T00:00:00.000Z
- Sen. Wicker, Roger F. [R-MS] (R-MS), 2025-10-02T00:00:00.000Z
- Sen. Bennet, Michael F. [D-CO] (D-CO), 2025-10-02T00:00:00.000Z
- Sen. Cornyn, John [R-TX] (R-TX), 2025-10-28T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-10-28T00:00:00.000Z
- Sen. Cantwell, Maria [D-WA] (D-WA), 2025-10-30T00:00:00.000Z
- Sen. Crapo, Mike [R-ID] (R-ID), 2025-10-30T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2026-01-07T00:00:00.000Z
- Sen. Alsobrooks, Angela D. [D-MD] (D-MD), 2026-01-07T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2026-04-21T00:00:00.000Z
- Sen. Rounds, Mike [R-SD] (R-SD), 2026-04-21T00:00:00.000Z

## Provisions PRIA read

- Quarterly Ukraine aid from Russian assets: benefit, high. 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 mill…
- Diplomatic push to repurpose Russian assets: mixed, high. 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 q…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-2296: National Defense Authorization Act for Fiscal Year 2026
- 119-s-4784: National Defense Authorization Act for Fiscal Year 2027
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-339: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-sres-755: A resolution honoring the life of the Honorable Donald W. Riegle, Jr., former Senator for the State of Michigan.

## Sources
- [119-s-2918 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2918)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-2296: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-2296)
- [119-s-4784: National Defense Authorization Act for Fiscal Year 2027](https://policyrisk.com/legislation/119-s-4784)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-339: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-s-339)
- [119-sres-755: A resolution honoring the life of the Honorable Donald W. Riegle, Jr., former S…](https://policyrisk.com/legislation/119-sres-755)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2918 (as of 2026-04-23).