REPO for Ukrainians Act
This bill would authorize the U.S. government to confiscate Russian sovereign assets held in U.S. jurisdiction and use those funds to support Ukraine's reconstruction and humanitarian needs following Russia's invasion. It prohibits releasing these blocked assets until Russia fully compensates Ukraine or agrees to an international compensation mechanism. The bill establishes a "Ukraine Support Fund" to hold confiscated assets and requires regular congressional reporting on how these funds are allocated for Ukraine's recovery. It also includes provisions for international coordination with allies on sanctions and asset management related to Russia's invasion of Ukraine.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2023
Committee Review
Floor Vote
President
Introduced Jun 15, 2023
Last action Nov 7, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
Amendments
1
Nov 7, 2023
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 2.
lower
Nov 7, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Jun 15, 2023
Committee
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Rules, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Jun 15, 2023
Introduced
Introduced in House
lower
1 primary · 91 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Michael T. McCaul
RRepublican
Co
Adam B. Schiff
DDemocratic
Co
Adriano Espaillat
DDemocratic
Co
Ann Wagner
RRepublican
Co
Ashley Hinson
RRepublican
Co
Aumua Amata Coleman Radewagen
RRepublican
Co
Bill Foster
DDemocratic
Co
Brandon Williams
RRepublican
Co
Brett Guthrie
RRepublican
Co
Brian K. Fitzpatrick
RRepublican
Co
Bryan Steil
RRepublican
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