REPO for Ukrainians Act
The REPO for Ukrainians Act authorizes the U.S. government to confiscate Russian sovereign assets held in the United States and use them to compensate Ukraine for damages caused by Russia's invasion. It establishes a Ukraine Support Fund to hold these assets and directs funds to be used for Ukraine's reconstruction, humanitarian aid, and rebuilding efforts. The bill prohibits releasing these assets until hostilities cease and full compensation is made to Ukraine or Russia participates in a bona fide international compensation mechanism. It requires regular reports to Congress on asset use and establishes mechanisms for international coordination with allies on using these assets for Ukraine's reconstruction.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2023
Committee Review
Floor Vote
President
Introduced Jun 15, 2023
Last action Apr 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
3
Committee
4
Apr 9, 2024
Upper · Passed
Committee on Banking, Housing, and Urban Affairs. Hearings held.
upper
Jan 30, 2024
Upper · Passed
Committee on Foreign Relations. Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
upper
Jan 24, 2024
Upper · Passed
Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
upper
Jun 15, 2023
Committee
Read twice and referred to the Committee on Foreign Relations.
upper
Jun 15, 2023
Introduced
Introduced in Senate
upper
1 primary · 27 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
James E. Risch
RRepublican
Co
Catherine Cortez Masto
DDemocratic
Co
Christopher A. Coons
DDemocratic
Co
Chuck Grassley
RRepublican
Co
Jack Reed
DDemocratic
Co
Jeanne Shaheen
DDemocratic
Co
Joe Manchin, III
IIndependent
Co
John Cornyn
RRepublican
Co
John Fetterman
DDemocratic
Co
John Kennedy
RRepublican
Co
John W. Hickenlooper
DDemocratic
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