Bill · S. 2918· Senate(119-S-2918)

REPO Implementation Act of 2025

Age: 71 years

Rhode Island

Introduced: 9/19/2025
Last activity: 10/30/2025 — Placed on Senate Legislative Calendar under General Orders. Calendar No. 243.
Sponsored by: Sheldon Whitehouse
Cosponsors: - 7 - 8

International Affairs

Introduced
On Calendar

What this bill would do

This bill, known as the "REPO Implementation Act of 2025," seeks to amend the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act. It focuses on improving how Russian sovereign assets are seized and used to benefit Ukraine. The legislation allows the President to transfer Russian assets into an interest-bearing account within the Ukraine Support Fund without immediate confiscation. It also directs the Secretary of the Treasury to invest certain portions of that fund into specific U.S. obligations. Additionally, the bill establishes a requirement for the Secretary of State to obligate and expend funds from the Ukraine Support Fund every 90 days. Finally, it mandates reports on the location and status of Russian sovereign assets held in various countries.

Yes

Does this make what the government does easier for the public to see?+6
The bill mandates reports to Congress specifying the location, amount, and status of Russian sovereign assets.
Does this make the government pay for what it commits to?+5
The bill directs the Treasury to invest fund amounts into interest-bearing U.S. obligations to grow the account's value.
Does this strengthen ties with allied countries?+4
The bill promotes international cooperation by encouraging G7 and EU members to repurpose Russian assets for Ukraine.