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REPO Act Implementation: Using Frozen Russian Assets to Fund Ukraine Aid.

This law streamlines the process of using frozen Russian state assets by mandating their investment in U.S. Treasury obligations to generate interest. These funds, at least $250 million quarterly, must be spent on assistance for Ukraine. This mechanism ensures that a portion of aid to Ukraine is financed by returns on Russian assets, rather than solely by U.S. taxpayers.
Key points
Frozen Russian state assets will be invested in U.S. government bonds to generate returns for the Ukraine Support Fund.
The law mandates a minimum quarterly expenditure of $250 million from this fund for aid to Ukraine.
The U.S. government must engage G7 and EU countries to encourage them to repurpose their frozen Russian assets for Ukraine's benefit.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_5835
Sponsor: Rep. Wilson, Joe [R-SC-2]
Process start date: 2025-10-24