S 2003 United States Senate · 118th Congress

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

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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